The UK savings ratio – the amount of money households save as a percentage of their gross disposable income – reached 16.3% in 2020, up from 6.8% in 2019, and Investec estimates the average UK […]
The Prudential Regulation Authority has published an update on rules for financial resilience and solvency, which will come into effect next year. In summary; Overview This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback […]
Elucidate, the financial crime risk scoring platform, has announced that it has raised €2.5 million in a pre-Series-A funding round led by Frontline Ventures. Existing investors Seed X Liechtenstein, APEX Ventures, and Big Start Ventures […]
A new report commissioned by the ABI, and produced by KPMG, has been published today in response to the Government’s consultation on Solvency II. The analysis sets out how changes to the Matching Adjustment and […]
The latest financial statement from NN Group; Strong financial and commercial performance; cost reduction target achieved Operating result increased to EUR 963 million from EUR 881 million in the second half of 2019, mainly driven […]
Insurance Edge wanted to get the latest update on ransomware and cyber attacks around the world, so who better to talk to than Dennis Toomey, Global Director, Counter Fraud Analytics at BAE Systems? IE: Dennis, […]
Some interesting news from the FCA today. Just under half of the UK population are doing OK during the pandemic, and 14% are actually financially better off. But the survey of 16,000 people revealed that […]
The word from Hiscox after last Friday’s judgement; UPDATED: Extra comment by Seth Rachlin, Global Insurance Industry Leader, at Capgemini, has just been added below the Hiscox info. UPDATED 19.01.2021 – Extra comment from Flaxmans […]
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