A-Z OF… CYBER SECURITY ASSISTANTS
25 Sep 2018
The drive for innovation within the insurance profession is moving quickly. Insurers are investing more to ensure that people are provided with a smooth customer journey and firms are harnessing emerging technologies in an effort to improve processes for both businesses and consumers. With smart technology becoming increasingly prevalent in people’s daily lives, insurers have taken this opportunity to utilise technology to develop chat bots and smart assistants, which are able to use intuitive programming and learning capabilities to provide and gather information on customer behaviour; inform and answer questions about insurance policies; and assist people with the claims process.
Global Markets Update Tuesday 25 September 2018
25 Sep 2018
The classification of some of the favoured FAANG stocks was changed as of 21 September, with the telecoms sector of the S&P 500 being renamed and expanded to include all ‘communication services’ stocks. Companies such as Netflix, Comcast and Walt Disney are moving from consumer discretionary into the new sector and will be joined by Alphabet, Facebook and Twitter from the information technology sector. On 28 September, MSCI is following suit, meaning Chinese stocks Baidu and Tencent are moving from information technology to communication services, as are NetEase and South Korea’s Naver, while Alibaba, often viewed as China’s Amazon, is moving from information technology to consumer discretionary. Meanwhile, Naspers, a South African media company that owns a large stake in Tencent, is also moving to communication services.
Global Markets Update Monday 17 September 2018
17 Sep 2018
Global stockmarkets made progress amid easing trade concerns despite the news that President Trump had requested aides to proceed with tariffs on a further $200bn of Chinese goods.
Global Markets Update Monday 10 September 2018
10 Sep 2018
US shares hit fresh highs, but elsewhere markets were generally weak as the sell-off in emerging market currencies continued.
Global Markets Update Monday 20 August 2018
20 Aug 2018
Stockmarkets remained nervous as the Turkish lira declined further towards the end of the week, sparking fears of broader issues in emerging markets.
Global Markets Update Monday 14 August 2018
14 Aug 2018
Global stockmarkets weakened as the week progressed amid a deepening financial crisis in Turkey. Rising risk aversion hit banks in particular. In contrast, core government bond yields fell.
Global Markets Update Monday 6 August 2018
06 Aug 2018
Investors remained jittery after trade tensions escalated. China said it will impose new tariffs on $60 billion of US imports, including aircraft and liquefied natural gas, in response to Donald Trump’s threat to raise the rate of threatened tariffs on $200 billion worth of Chinese exports to 25%, up from an original proposal of 10%.
Global Markets Update Monday 30 July 2018
30 Jul 2018
Donald Trump and European Commission chief Jean-Claude Juncker announced a "new phase" in EU-US relations. In a joint statement, they agreed to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods”.
Global Markets Update Monday 23 July 2018
23 Jul 2018
Japan and the EU signed the world’s largest bilateral trade pact. The deal creates a trade zone covering about a third of global GDP. The agreement must be approved by the European and Japanese parliaments before it can pass into law. Meanwhile the IMF warned that tariffs could reduce global growth by 0.5% by 2020.
Global Markets Update Monday 16 July 2018
16 Jul 2018
The US-China trade war continued to intensify as President Trump ordered preparations for tariffs on a further $200 billion of Chinese imports. Some US multinational companies warned the consequences could outweigh the benefits of last year’s tax cuts.