Articles by Marc Jones

Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study

LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit ratings cut because …

Global Dividends Outcome ‘Worst Since Global Financial Crisis’

The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17%-23% this year or what could be as much $400 billion, a new report has shown, although sectors such as tech are fighting the trend. Global dividend …

‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head

Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the end of this year, the head of the European Commission said on Wednesday, adding that both sides must pick priorities. …

Reinsurers, Insurtech Startups Increasingly Seek Mutually Beneficial Partnerships

Reinsurance companies increasingly are funding insurtech startups in order to structure more innovative products and improve their business efficiencies, but how much impact on the industry will these investments have? There are a number of reasons reinsurers are getting involved …

European Central Bank Warns of Risks to Insurers of Low Interest Rates

The European Central Bank said on Thursday that record low interest rates were putting insurance firms and banks under increasing pressure and warned that any sell-off in stocks and bonds could damage the euro zone’s recovery. In its twice-yearly Financial …

ECB’s Plan to Buy Bonds Risks Making it Europe’s ‘Bad Bank’

The European Central Bank’s decision to buy tarnished debt in the euro zone risks turning it into Europe’s de facto “bad bank” and putting cash-strapped governments and taxpayers on the hook for yet more money. The ECB was forced to …