Profession

GDPR results in €56m worth of finesGeneral Data Protection Regulation (GDPR) has resulted in €56m (£49m) worth of fines since it came into force last May, insurance broker Marsh has revealed. 24 May 2019
Genetic testing among the top emerging risks facing insurers worldwideThe availability of genetic testing kits is one of the greatest emerging risks for life insurers, with considerable implications for data management and regulatory constraints. 22 May 2019
FinTech revenues to soar over next five yearsFinancial technology platforms will see their revenues soar from around $263bn (£231bn) today to $638bn by 2024 as customers become more accepting of artificial intelligence (AI). 22 May 2019
New accounting rules could leave pension schemes £100bn worse offThe FTSE 100 could see its combined balance sheet worsen by £100bn as a result of stricter accounting rules for pension schemes and growing pressure to increase contributions. 21 May 2019
Global insurance prices rise at fastest pace in seven yearsCommercial insurance prices increased more in the first three months of this year than in any quarter since 2012, research from insurance broker Marsh has found. 20 May 2019
Technological disruption to provide £100bn boost for financial servicesThe UK's financial services sector could enjoy a £106bn boost by 2030 as a result of technological advancements, changing customer behaviour and demographic shifts. 20 May 2019
'Shocking' spike in insurance cancellations recordedA growing number of UK businesses and consumers are ending their insurance coverage because they can no longer afford it, research from finance company Premium Credit has revealed. 15 May 2019
'Lost decade' of life expectancy improvements uncoveredLife expectancy assumptions in the UK will be back to the same levels last seen in 2009 by the end of this year, research by professional services firm KPMG has uncovered. 15 May 2019
Pension fund returns up in first quarterPension fund returns performed strongly in the first quarter of this year but annuity rates declined, research by Moneyfacts UK has found. 14 May 2019
Multiple InsurTech investment records smashedThe first three months of 2019 saw global InsurTech investment surpass $1bn (£0.6bn) for the third consecutive quarter as multiple records were smashed. 13 May 2019