Captive Insurance – UK government sets out new ILS framework
The UK Treasury has published new rules for insurance-linked securities (ILS) as the country aims to grab a share of the rapidly growing market. The rules, published on 20 July, allow for insurance and reinsurance firms to transfer risk to the capital markets, meaning that risk can be managed more effectively for businesses and consumers. […]
US government ‘monitored bank transfers’
A huge range of security weaknesses, said to be worth more than $2m (£1.6m) if sold on the black market, have been leaked online by a hacking group. The tools are said to have been created by the US National Security Agency. Accompanying documents appear to indicate it was able to monitor money flows among […]
Export insurance made easy: New toolkit for Brokers
A new online guide to help credit insurance brokers work with their clients to access government-backed export insurance has been published by UK Export Finance. How to access export credit insurance: a guide to UK Export Finance’s export insurance policy is UKEF’s first online toolkit for brokers and sets out clearly how they can help […]