Global insurance trends

Robeco Financials: Things Are Looking Up

Robeco, the Dutch pure-play international asset manager, reported significant growth in its insurance business where assets under management (AuM) reached EUR 20 billion at the end of 2019. This was an increase of EUR 5 billion […]

Fraud

FCA Says Land Bank Fraud Victims Will Share £2.5m Compensation Fund

The Financial Conduct Authority (FCA) has obtained High Court approval for a scheme to return £2.5 million to compensate victims of a series of unauthorised collective investment schemes. Between 2005 and 2010, around 800 people […]

Insurance & Reinsurance

Bulk Annuities Market Getting Back to Normal in 2020, Says Willis Towers

The bulk annuity market is set to return to ‘normal’ levels in 2020 with £30bn worth of deals expected over the course of the year, according to Willis Towers Watson. This is down from an anticipated […]

Fraud

Confiscation Order Following FCA Prosecution

A confiscation order of £291,070.36 was made against Mark Barry Starling in Southwark Crown Court. This confiscation order follows the FCA prosecution in which Mr Starling was sentenced to 5 years’ imprisonment for defrauding investors […]

Legal

Legal: Clarity on Smart Contracts & DLT Could Be Good News for Insurers

A landmark “Legal Statement” published this week provides long-awaited clarity on how cryptocurrencies, distributed ledger technology (DLT) and smart contracts might be treated under English law. Following several rounds of public and private consultation, the […]

News

Funding Xchange Raises Another £9.3m to Drive Growth in SME Sector

Funding Xchange, the London-based fintech that has built digital decisioning technology to enable partners like MoneySuperMarket, Monzo and Experian to offer their customers instant access to personalised transparent quotes for business funding, today announced the […]

Insurance & Reinsurance

Arch and Marsh Join Forces on Blue Vault Digital Asset Project

Arch Insurance (UK) Limited, in collaboration with Marsh, the world’s leading insurance broker and risk adviser, has announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset […]

News

Arch Launches Blue Vault Digital Assets Cover, in Partnership with Marsh

Arch Insurance (UK) Limited, in collaboration with Marsh, the world’s leading insurance broker and risk adviser, recently announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of […]