Z/Yen Group News

How Will London’s Position as Global Financial Center Be Affected by Brexit?

Is London’s position as the largest international center of finance slipping as a result of Brexit? London has been a critical artery for the flow of money around the world for centuries. The financial services sector accounts for about 12 …

Brave New World: 1st Reinsurance Product Heads to the Blockchain

Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience. However, the efforts of the industry’s B3i initiative …

What Is Blockchain and How Does It Work?

First of Two Articles While everyone talks about blockchain, also known as mutual distributed ledger technology, just a few people actually know what this technology can do and how it could someday revolutionize the re/insurance industry, just by streamlining back-office …

London Keeps Mantle as #1 Finance Center Despite Brexit Uncertainties: Survey

London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a study. New York held on to …

Public-Private Catastrophe Scheme in UK Would Help Mitigate Cyber-9/11: Study

A public-private, cyber-catastrophe reinsurance arrangement would improve the UK’s resilience against the growing threat of cyber risks in this interconnected world, according to a cyber report released this week. Given the fact that the current market for cyber insurance is …