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An EU emergency health fund to limit the impact of future crises


An EU emergency health fund to limit the impact of future crises
Leading finance experts propose an Emergency Health Financing Facility to limit the impact of future crises on the EU
The last systemic crisis
The Global Financial Crash in 2008 brought several EU countries close to the brink of default.
Pre- existing structures were not sufficient to avoid the crisis, but lessons were learnt and new regulation was put in place to stop this happening in the future. This crisis was described as a ‘once in a lifetime systemic crisis’.
However, just over a decade later, the world has found itself in yet another systemic crisis – The Great Lockdown Crisis of 2020. The COVID-19 pandemic, and the necessary restrictions and regulations brought in around the world to curb the spread of the virus, has resulted in a global economic crisis. ....

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AkinovA becomes the first new regulated Insurance Marketplace for 150 Years


2021-01-21T14:01:00+00:00
AkinovA (Bermuda) has been granted the first “Insurance Marketplace Provider” licence by the Bermuda Monetary Authority (BMA), Bermuda’s financial services regulator. This new category of Insurance Intermediary was created as a result of Bermuda’s Insurance Amendment Act 2019 (Act). It is understood that this makes AkinovA the first new regulated insurance marketplace since Lloyd’s of London Act of parliament in 1871. Unlike Lloyd’s, AkinovA enables capital providers, brokers, agents and cover buyers with a safe and remote electronic space to enable them to exchange information and agree transactions within a low friction environment.
AkinovA is proud to be the first company to graduate from the BMA’s Innovative Regulatory Sandbox Regime. ....

United Kingdom , City Of , Dennis Mahoney , Bermuda Monetary Authority , World Insurance Network , Insurance Intermediary , Insurance Amendment Act , London Act , Regulatory Sandbox Regime The , Capacity Providers , Insurance Linked Securities , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , டென்னிஸ் மஹோனி , பெர்முடா பண அதிகாரம் , உலகம் காப்பீடு வலைப்பின்னல் , காப்பீடு இடைத்தரகர் , காப்பீடு திருத்தம் நாடகம் , லண்டன் நாடகம் , ஒழுங்குமுறை சாண்ட்பாக்ஸ் ஆட்சி தி , திறன் வழங்குநர்கள் , காப்பீடு இணைக்கப்பட்டுள்ளது பத்திரங்கள் ,