North America
Japanese insurance giant acquires MassMutual Life
Japan’s largest insurer Nippon Life will acquire a majority stake in the Japanese arm of US rival MassMutual Financial Group in a bid to strengthen its insurance sales.
Life companies among most valuable insurance brands
Axa, Metlife and Zurich have taken some of the top spots among the 100 most valuable insurance brands of 2018, but China is the most dominant country with its companies taking four of the top 10 slots.
Could Trump’s tariffs derail global growth?
Donald Trump’s announcement that the US will introduce import duties on steel and aluminium is being described as a how-to move on triggering a stock sell-off, with industry-heavy funds and indices set to suffer from the protectionist move.
China Everbright acquires US asset manager
The real estate asset management arm of Hong Kong-listed China Everbright has acquired Texas-based, real estate investment specialist Arrow.
Alternatives | 19 Feb 18
Bitcoin owners under threat from in-person attacks
Owners of virtual currencies are being targeted in reality, with growing reports of in-person attacks to force people to transfer their cryptocurrencies to anonymous online wallets owned by their attackers.