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News
Protection Funds, Insurance and FDIC/SIPC: What Actually Covers What | HackerNoon
1+ day, 16+ hour ago (1602+ words) Crypto held directly on a major exchange is generally not covered by FDIC or SIPC protection. Those programs are designed for different kinds of financial failures. What many crypto exchanges offer instead is a protection fund: a corporate reserve intended…...
Rates are falling faster than claims are - the UK industry knows what happens next
6+ day, 7+ hour ago (719+ words) By any normal measure that's a result to be pleased about. Executives at the same gathering spent much of their time warning each other against doing just that. Swiss Re's Andreas Berger drew the obvious conclusion for anyone still writing…...
UK drivers being hit with ‘more expensive car insurance’ for one key reason
1+ week, 6+ hour ago (402+ words) Drivers in the UK may be slapped with “more expensive" car insurance for one major reason, according to an expert. Tim Rodie, automotive expert at Motorpoint stressed that drivers may forget that swapping vehicles can have a drastic impact on…...
Insurance Stocks Plunge on Waller's Dovish Signal; Rate-Hold Bets Surge — BigGo Finance
1+ week, 1+ day ago (694+ words) South Korean insurance stocks—among the market's most prominent beneficiaries of high interest rates—plunged in unison after a voice inside the U.S. Federal Reserve hinted at the possibility of holding rates steady in September. Shares that had rallied…...
Why the US is now a vector for concentration risk
1+ week, 3+ day ago (102+ words) The writer is the chair of the European Risk Management Council Concentration risk is one of the oldest problems in banking. Traditionally, it means excessive exposure to a particular borrower, geography, asset class, product or technology. But a different form…...
Drivers could pay £147 more for basic car insurance than comprehensive cover
1+ week, 4+ day ago (658+ words) New figures show average premiums have started rising again after falling steadily since the end of 2024.(Image: Getty) Drivers opting for the most basic level of car insurance could end up paying nearly £150 more a year than those taking out…...
Markets Begin Pricing In An Uncertainty Premium As Risks Mount
2+ week, 1+ day ago (446+ words) Solana Neobank Avici to Fully Reimburse 1,685 Users After $1M Security Breach Financial markets have begun pricing in an uncertainty premium, reflecting growing investor anxiety over geopolitical tensions, shifting monetary policy expectations, and uneven global growth data. An uncertainty premium is the…...
UK home insurance pricing turns a corner as most insurers quietly raise rates
2+ week, 4+ day ago (557+ words) For two years, the story in UK home insurance was simple: prices kept falling. That story is starting to change. The overall market average falling doesn't mean most insurers are cutting prices. It's the opposite. Defaqto says the majority of…...
Volatile treasuries push IMBs toward bank, insurer deals
2+ week, 5+ day ago (953+ words) As the US Treasury market experiences growing instability, a number of more astute independent mortgage bank executives have begun to ponder how to protect themselves and their businesses in a more volatile funding environment. Some have looked at acquiring a…...
SA analyst urges investors to protect risk as market dangers mount
3+ week, 4+ day ago (53+ words) Seeking Alpha Wall Street extended its losses on Tuesday as investors faced mounting geopolitical and fiscal risks, with major indexes declining for a second consecutive session despite equities remaining close to record levels. Seeking Alpha analyst Andrew Hecht warned that…...