Lucid to cut 400 jobs in latest sign of stress for EV market
Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by an electric-vehicle maker to…
Doctors on virus frontline seek protection from malpractice suits
Coronavirus, Emerging Risks, General liability
TSB calls on Meta to do more to prevent spiralling levels of fraud
TSB chief executive Robin Mulloch has writtten to Meta demanding that the social media firm does more to protect consumers from fraud originating on its platforms.
CFPB co-founder: Agency will ‘rise from the ashes’
The immediate future is uncertain for the Consumer Financial Protection Bureau, and it might experience downsizing and less regulatory enforcement, but…
McGill names Danielle Melone partner in fac reinsurance team
Specialist re/insurance broker McGill and Partners has appointed Danielle Melone as partner in its Facultative Reinsurance team.
European authorities lay out good practices for financial education
European Supervisory Authorities have put together a report offering good practice guidance for financial education initiatives on scams, fraud and cybersecurity.
Revolut appoints Cossa-Dumurgier CEO of new Western European HQ
Revolut has brought in BNP Paribas veteran Béatrice Cossa-Dumurgier to lead its €1 billion bid to crack France as CEO of its new Western European headquarters in Paris.
Deadly windstorm transformed market
Agents and Brokers, Catastrophe Modeling, Catastrophes, P/C Insurers, Property, Reinsurance, Risk Management Bermuda, Japan, United Kingdom Aon, Arthur J. Gallagher & Co., Marsh & McLennan, Swiss Re, Willis Towers Watson
Global fintech funding halves
Global capital investment in fintech nearly halved in 2023 to $51 billion, with the UK seeing an even sharper decline, according to Innovate Finance data.
2 hopeful thoughts for automotive even as interest rates rise another 25 basis points
The Federal Reserve raised interest rates another 25 basis points this week to leave the federal funds rate at 5.25-5.5%. But two leading automotive economists as well as another top industry analyst remain hopeful on two important fronts for dealerships … [Read More]
Holger Nieswandt to succeed Christoph Lamby at R+V Re
The Supervisory Board of R+V Versicherung AG, the parent company of the German R+V Group, has named Holger Nieswandt as a member of the Management Board.
Airwallex in talks on funding at $6bn valuation – report
Singapore-based payments firm Airwallex is in talks to raise $200 million at a $6 billion valuation, according to Bloomberg.
Santander InnoVentures invests in Roostify
Santander InnoVentures has led an expansion funding round for San Francisco-based digital mortgage lending platform Roostify. The size of the round has not been disclosed.