Regulatory Issues Causing Ping An-Backed Lufax to Exit P2P Lending: Reuters July 19, 2019 By Engen Tham Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to...
Concern Over Pig Virus Prompts Philippines to Ban German Pork July 19, 2019 By Megan Durisin The Philippines restricted pork imports from Germany, citing concerns about food safety in one of the world’s major shippers, as...
Germany’s Merkel Says UK Should Be Given More Time for Brexit If Needed July 19, 2019 By Arne Delfs German Chancellor Angela Merkel said the U.K. should be given more time to leave the European Union if it needs...
U.K. Networks Could Become Less Secure if Huawei Is Banned, MPs Say July 19, 2019 By Kitty Donaldson Barring Huawei Technologies Co. from operating in the U.K. could lower security standards and make networks less resilient to malicious...
Catalina Holdings Appoints Ryland from Armour as Chief Executive of Catalina UK July 19, 2019 Legacy acquisition firm Catalina Holdings (Bermuda) Ltd. announced the appointment of Steve Ryland as chief executive of Catalina UK. With...
Hamilton Appoints Krishnamoorthy to Newly Created Role of Chief Technology Officer July 18, 2019 Hamilton Insurance Group Ltd. announced that Venkat Krishnamoorthy has been appointed to the newly established position of chief technology officer....
Legacy Acquirer DARAG Purchases Book of Run-Off Business from UK’s One Re July 18, 2019 DARAG Group Ltd., the Malta-based legacy acquirer, announced it has entered into agreement to buy a book of run-off business...
No-Deal Brexit Could Push UK Economy into Recession, Says Fiscal Watchdog July 18, 2019 By Andrew Atkinson A no-deal Brexit could plunge the British economy into recession, hammer the pound and drive up government borrowing, according to...
Bulgaria Fights Spread of African Swine Fever July 18, 2019 Bulgaria has stepped up measures to prevent the spread of deadly African swine fever and protect the country’s 600-million lev...
Allied World CEO Carmilani Moves to New Role at Fairfax; Iglesias Named His Successor July 18, 2019 Scott Carmilani, the founder and CEO of Allied World, has moved to a new role Fairfax Insurance Group, which aims...