Under the Hood: Social sites shed light on consumers’ auto loan concerns
Financiers expect lending conditions to worsen, and dealers perceive the auto market as weak, according to recent surveys, but for…
CFPB proposes rule for paycheck advance products
The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.
UK banks hail Regulated Liability Network experiments
The UK’s biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.
CISOs face D&O cover risks as hacks spread
Current Issue, Cyber Risks, D&O, Emerging Risks, Technology
TSB to shutter branches and cut jobs in cost saving exercise
In response to news reported by Sky, TSB have provided comment to Finextra after Sabadell CEO Cesar Gonzalez-Bueno was questioned about a £29 million provision set aside for restructuring within the UK bank.
Losses caused by Hurricane Melissa to reach single-digit billions USD in the Caribbean: Aon
With extensive damage from the impacts of Hurricane Melissa seen across the Caribbean, insurance and reinsurance broker Aon warns that total economic and insured losses could land in the single-digit billions of USD, and potentially higher after future damage assessments in the countries hit by one of the most intense storms on record in the Atlantic.
Chubb completes acquisition of Cigna APAC businesses
Chubb Limited has completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna, in six Asia-Pacific markets.
IAA sees salvage transactions with negative equity remain at 3-year high in Q2
Visa partners Aquanow on stablecoin settlement in Cemea
Visa has teamed up with digital asset platform Aquanow to expand its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa (Cemea) region.
Property captives expand, form basis of alternative programs
Alternative Risk Transfer/Captives, Property
Carvana launches real-time down payment capabilities
Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to…
Disciplined strategy & deep commitment to clients key to MS Re’s 2024 performance: CEO
While the favourable market environment for reinsurance played a significant role in MS Reinsurance’s strong performance in 2024, CEO Robert Wiest has emphasised that what truly sets the firm apart is its unique approach and the way it engages with clients.
D&O rates continue to decline, but some insurers plant heels on cuts
Agents and Brokers, D&O, P/C Insurers, P/C Pricing Aon, Marsh & McLennan, USI Insurance Services
CoreLogic launches Discovery Platform
CoreLogic has launched Discovery Platform, a cloud-based data exchange and property analytics ecosystem.














