Aon seeds AXA IM carbon transition bond fund
In a strategic move towards bolstering sustainable investment portfolios, Aon seeds AXA Investment Managers (AXA IM) carbon transition bond fund aimed at facilitating the transition to net zero emissions.
UK Motor Insurance faces uphill battle amidst rising costs and future profitability: EY
The UK motor insurance market faced its most challenging year since 2011, recording a loss-making Net Combined Ratio (NCR) of 112.8% in 2023, but with declining inflation and rising premiums a return to profitability is foreseen, according to Ernst & Young (EY), a professional services firm.
Tricolor bond prices drop following Chapter 7 filing
Tricolor’s bond prices plummeted in the days following the subprime lender’s Chapter 7 bankruptcy filing, with little recovery since then…
Sustainable Finance Live: Is sustainable finance sustainable?
Sustainable Finance Live kicked off Tuesday morning in a hybrid format, in-person and online, where leaders discussed the problem statements and solutions that are defining the sustainable finance industry today.
ACORD establishes Global Advisory Council to drive industry-wide collaboration
ACORD has announced the establishment and inaugural meeting of the ACORD Global Advisory Council (GAC), which is set to drive industry-wide collaboration and digitalisation.
Where are US stocks headed? Here are the key levels to watch
The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart…
Auto Finance News announces aftermarket products webinar
Auto Finance News is pleased to offer the free webinar “Tapping Aftermarket Products to Improve Dealer Relations and Profitability” on…
Munich Re trims 2025 insurance revenue forecast, cites currency developments
Financial Results, Reinsurance Germany Munich Re
American Honda launches insurance subsidiary
American Honda Motor Co. is the latest automaker to roll out insurance offerings as manufacturers look to allow customers to…
Dutch central bank fines bunq over AML shortcomings
The Dutch central bank has fined digital lender bunq €2.6 million for “serious deficiencies” in its anti-money laundering controls.
Chase is the first bank in all lower 48 US states, what next?
Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.
Demotech extends financial strength review amid Florida challenges
Financial analysis firm Demotech has extended its process of reviewing the financial strength of Florida insurers and reinsurers, following a challenging renewal period for firms operating in the state.