How do brokers feel about this? Demand for cyber insurance is rising, but not equally, as cyber dangers spread across businesses and geographical areas. According to Alessandro Lezzi (pictured), group head of cyber at Beazley, while large businesses in North…
In an effort to deter local banks from looking for cheap lira on offshore markets, Turkey’s central bank increased the reserve requirement ratios on banks’ short-term obligations overseas. Early on Saturday, the bank increased the reserve requirement ratio to 18%…
The UK's competition watchdog is reviewing Aviva's proposed acquisition of Direct Line, which could delay a £3.7 billion merger.
The Competition Markets Authority (CMA) stated that it was looking at whether a merger would lead to a "substantial lessening...
