Growing from a market capitalisation of $130 billion to $280 billion since the end of 2023, Stablecoins continue to grow in relevance. Recent regulatory framework introductions have begun to go further and introduce their adoption within broader applications across traditional finance.
With global premiums forecast to exceed $9 billion by 2030, Aon has launched the Low-Carbon Transition Framework for Insurers, a seven-step process aimed at driving re/insurer engagement with the sustainable energy sector, which, through their capital support, will reportedly increase the viability of low-carbon energy projects and drive climate resilience.
The market for embedded finance is forecast to grow by 148% over the next five years, according to a recently published study.
Club Vita, a company specialising in longevity data analytics, has made several new appointments to its pension teams.
NatWest is to launch a carbon tracking app for SMEs after conducting research which revealed that nine out of ten firms are unaware of their business’s total carbon emissions.
Finextra Research and ResponsibleRisk today hosted Sustainable Finance Live, the first virtual workshop in series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.
In 2023, insurance resilience either increased or was stable across the natural catastrophe, crop, health, and mortality perils tracked by Swiss Re’s Resilience Index.
Auto liability, Coverage Disputes, Employment Practices
Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades.
Lloyds Banking Group is to acquire self-directed wealth platform Embark Group for £390 million.
Agents and Brokers Alliant Insurance, Marsh & McLennan
Great American Insurance Group has announced the promotion of Michael B. Mulvey to Divisional President within its FCIA – Trade Credit & Political Risk Division.
Global insurer and reinsurer SiriusPoint has announced its investment in autonomous vehicle technology through a strategic partnership with managing general agent (MGA) Avinew.
