IPO for Ping An’s OneConnect Cut in Half December 12, 2019 By Crystal Tse China-based cloud fintech platform OneConnect Financial Technology Co. cut its planned U.S. initial public offering set for Thursday by almost...
What’s At Stake for Britain’s Economy as Voters Go to Polls Today? December 12, 2019 The two main parties in Britain’s election on Thursday offer contrasting plans on spending, tax, the role of the state,...
North Korean Hackers Found Partnering With Eastern European Cyber Criminals December 12, 2019 By Raphael Satter North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that...
Insurtech, Data Help Canadian Farmers Cut Lending, Insurance Costs December 12, 2019 By Ashley Robinson Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using...
Moody’s Sees Low Interest Rates Hurting French P/C Insurers’ Profits in 2020 December 12, 2019 The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low...
Allianz UK Launches ‘Cyber Select’ Offering for Mid-Size Corporations December 12, 2019 Allianz UK has launched Cyber Select, a cyber offering designed primarily for mid-corporate businesses. Cyber Select’s cover is designed to...
Germany, Global Parametrics, Hannover Re Launch Climate Impact Fund December 11, 2019 Hannover Re and a parametrics company along with several German economic development agencies have created a natural disaster fund targeting...
New Zealand Tragedy Raising Questions About Live Volcano Tourism December 11, 2019 By Charlotte Greenfield Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity,...
Fast-Growing German Insurtech Wefox Raises $110 Million More December 11, 2019 German insurance technology firm Wefox said on Wednesday it had attracted an additional $110 million of investment in its second...
China Moves to Secure Government Ownership Control of Insurers, Banks December 11, 2019 By Cheng Leng China’s finance ministry said on Wednesday it will make it harder for ownership changes to be made to financial institutions...