Legal

Lockdown Showdown? Couples Keen to Draft Formal Asset Agreements

`Why should you have half my stuff? I bought it.’ That’s a common phrase heard around wine o’clock, after a co-habiting couple fractiously split up, following a hoo-ha over text messages from a work colleague. […]

Global insurance trends

State Street Finds That Asset Managers Are Coping With Covid

State Street Corporation (NYSE: STT) today announced new research which reveals that 78 percent of insurers are confident their asset managers can navigate the current financial crisis caused by COVID-19. State Street surveyed insurance companies […]

Global insurance trends

Evertas Calls For More Capacity on CryptoAsset Insurance

Evertas, the world’s first cryptoasset insurance company, says investment firms and exchanges focusing on cryptoassets could fail to meet the insurance requirements set by regulatory bodies because of a lack of capacity from insurers for covering these assets and a poor understanding of the risks associated with them. Evertas has analysed Hong Kong’s Securities […]

Global insurance trends

Cryptoasset and Blockchain Insurance Needs More Capacity

Evertas, the world’s first cryptoasset insurance company, says the risks associated with cryptoassets are more complicated that the insurance sector perceives. These complexities have contributed to inconsistent underwriting based on factors outside of the risk such as […]

Global insurance trends

Prudential Sale of Korean Assets – Moody’s Offers Insights

On April 10, 2020, Prudential Financial, Inc. (PRU; A3 stable) announced it had signed a definitive agreement for sale of The Prudential Life Insurance Company of Korea (POK), its Korean life insurance operation, to KB […]

Global insurance trends

Can Crypto Assets Go Mainstream Without Insurance?

Money, religion and love are all abstract concepts. They only have a value when enough people believe in them, which is one reason why the adoption of banknotes – or promissory notes as the fledgling […]

News

Evertas to Launch MGA for Crypto Assets Risk

Evertas, the world’s first cryptoasset insurance company, has announced plans to launch a Managing General Agent (MGA) that specializes in cryptoasset-related theft/loss coverages. “The time is now to start expanding the insurance infrastructure that the cryptoasset space so desperately needs in order to continue […]