Obesity a key factor in UAE insurance claims, says Zurich
Expanding waistlines in the United Arab Emirates are having an impact on the region’s insurance claims, with obesity often a contributing factor in both life insurance and critical illness claims, according to Zurich Insurance Group.
Investment | 22 Jun 16
ANALYSIS: A masterclass in short-termism
As the clock ticks ever closer to 7am on Friday, the time slated for the release of the official results of the UK’s referendum on EU membership, the financial world’s focus is being honed to an ever finer point as participants hold cash and their breath ahead of the vote.
North America | 22 Jun 16
US SEC acts against adviser defrauding pro athletes
The US Securities and Exchange Commission said it has obtained a court order freezing the assets of an investment adviser charged with secretly siphoning millions of dollars from professional sports stars in an alleged Ponzi scheme.
Lombard International granted Hong Kong brokerage licence
Luxembourg and Philadelphia-headquartered Lombard International has received approval for a brokerage licence for its Hong Kong subsidiary, Lombard International Brokers.
Investors take refuge in the dollar
European investors hoarded cash in May. As Brexit-induced uncertainty dominated markets, they poured a net €14bn (£10.8bn, $15.8bn) into USD money market funds, according to Lipper fund flows data.