New York Reclaims Top Financial Center Title from London May 28, 2019 New York once again has bragging rights as the world’s leading financial center, having reclaimed the title from London where...
Keyless Car Crime Drives 20% Hike in UK Motor Theft Claims in 1st Quarter May 28, 2019 The cost of UK motor theft claims paid by insurers in the first quarter rose by more 20% from the...
Alibaba Plans $20B Listing in Hong Kong to Boost Technology Investments: Sources May 28, 2019 By Kane Wu, Sumeet Chatterjee and Julie Zhu Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter...
China’s Revamp of Anbang Insurance Includes Moving Business to New Company May 28, 2019 The Chinese government is taking a major step in its efforts to sell a strategic stake in Anbang Insurance Group...
U.S. Court Clears Swiss Bank UBS in Whistleblower’s $20 Million Libel Suit May 28, 2019 By Brenna Hughes Neghaiwi A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former...
Insurers Gaining, Banks Losing Ground in Finance, Says European Central Bank Governor May 28, 2019 The role of banks as providers of finance has started to erode in Europe and some other parts of the...
China Financial Regulator Sees ‘Very Limited’ Impact from Trade War with U.S. May 28, 2019 The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and...
CFC Designs New Broker Platform for Its Cyber Insurance Products May 24, 2019 Specialist insurer CFC is debuting a new broker platform designed to facilitate the sale of its cyber insurance products to...
VOOM Raises $5M to Expand On-Demand Insurance for Episodic Mobility Usage May 24, 2019 VOOM, the Tel Aviv-based on-demand, telematics-based insurance platform for drones and other specialized mobility services such as e-scooters, announced it...
UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit May 24, 2019 By Elizabeth Piper, William James and Kylie MacLellan Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new...