In the ever-evolving landscape of global asset servicing, staying abreast of the latest industry trends, regulatory changes, and technological advancements is vital for professionals. The asset servicing sector, encompassing a range of services from custody and settlement to fund administration and
The recent legal battle between Cypress Creek Equine and North American Specialty Insurance (NAS) over the denied insurance claim following the death of WinStar stallion Laoban has culminated in a significant court ruling. Laoban, a promising stallion, died unexpectedly in May 2021 after receiving
Trupanion, a prominent provider of medical insurance for cats and dogs, has strategically expanded its footprint into the European market by launching its signature insurance product in Germany and Switzerland. This venture marks a significant milestone in Trupanion’s efforts to broaden its i
The Insurance Regulatory and Development Authority of India (IRDAI) recently imposed a substantial fine on SBI Life Insurance, citing serious infractions tied to multiple compliance violations and transparency issues. The enforcement action emphasizes the regulator's commitment to rectifying
Annuities have become increasingly significant in global insurance markets, with their steady income stream and long-term financial security making them particularly attractive. Let's delve into the reasons behind this growing popularity. As more individuals seek stable financial solutions,
St. Petersburg, Florida, is grappling with persistent and worsening issues related to property and flood insurance, especially in light of frequent hurricanes and the increasing threat of rising water levels. Despite the city's financial commitment to mitigate these problems, homeowners