French software house Dassault Systèmes is to sponsor a ‘3D Fintech Challenge’ at Canary Wharf-based accelerator space Level39 in a bid to find new applications for integrating disparate data sets within financial services firms.
Cyber Risks, P/C Insurers China, Japan, United Kingdom Lloyd’s of London
Genesis Global, the London-based supplier of a low code platform for capital markets development, has raised a $45m Series B led by Accel.
Connecticut-based private equity firm Stone Point Capital has invested in ClearPoint Health to “enable more affordable health insurance benefits for small and mid-sized employers.”
Banco Santander has launched an international growth platform to provide support to businesses entering new export markets.
British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.
AM Best, the global credit ratings agency, is maintaining a stable outlook on the New Zealand non-life insurance segment, citing the sector’s robust premium growth supported by rate adjustments, notably within the property, motor and commercial segments, in spite of a challenging economic environment.
First quarter 2022 results season has shown that reserving assumptions for Russia’s invasion of Ukraine varied widely, with limited reported losses of $1.3 billion against an industry loss range from the war of $10 billion to $15 billion, according to analysts at RBC.
BBVA’s transformation process involves the creation of a “new corporate culture”, says the Spanish bank in a deep-dive blog post explaining its adoption of novel ways of working based on agile methodologies
Emirates NBD is preparing for a new era of Open Banking and fintech collaboration with the debut of its API sandbox.
