Paul Ng joins AXIS Re Canada as Reinsurance Treaty Underwriter
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has announced the appointment of Paul Ng as Reinsurance Treaty Underwriter.
Dissecting Experian’s newest data on delinquency
Experian’s State of the Automotive Finance Market Report: Q1 2024 showed year-over-year increases in both 30- and 60-day delinquency rates. Perhaps what might be a more useful assessment is how those rates are both lower compared to the first quarter … [Read More]
Tink selects OpenWrks aggregation platform
Swedish open banking outfit Tink has purchased the aggregation platform of UK firm OpenWrks in a bid to further expand its European presence.
Red Cross leads pilot of parametric flood insurance in Malawi
The Malawi Red Cross Society and the Danish Red Cross, in partnership with African Risk Capacity (ARC) Ltd., JBA Global Resilience, the InsuResilience Solutions Fund (ISF), and the Danish Ministry of Foreign Affairs, have piloted Malawi’s first parametric flood insurance.
Fidelity National Financial services disrupted by cyber incident
Fidelity National Financial has been hit by a “cybersecurity incident” that forced it to block access to systems, leading to business disruptions.
Insured losses from CrowdStrike outage could reach $1.8B: Parametrix
Aviation, Catastrophes, Cyber Risks, P/C Insurers
Carvana rolls out co-signer option
What’s often been done in special finance departments at physical dealerships now is being leveraged by Carvana — at least in South Carolina. The online used-vehicle retailer said this week that to make its vehicle financing qualification process easier for … [Read More]
Markets unmoved by Trump’s Bitcoin reserve plan
Bitcoin’s price dipped on Thursday as markets were left underwhelmed by an executive order from President Donald Trump creating a strategic reserve made up of the cryptocurrency already owned by the government.
Trump promises to block CBDC
Donald Trump has vowed to prevent the creation of a central bank digital currency if he wins the US presidential election, calling a digital dollar a “dangerous threat to freedom”.
EBAday 2023: iPiD announced as Fintech Zone winner!
During the past two days, 16 early stage, early growth fintech startups from across Europe and beyond pitched their proof of concepts or working products on the exhibition floor of EBAday 2023 in Madrid, Spain.
Mastercard pilots Crypto Credential network
Mastercard has begun piloting its Crypto Credential network, enabling cross-border peer-to-peer digital asset transactions between Latin America and Europe.