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  • Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

    Date 06/07/2023

    Nayms SAC Ltd., the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace. This type of instrument is index-based and used for providing retrocessional reinsurance protection to property reinsurers.

  • BIS: Innovation Convergence

    Date 06/07/2023

    Economic convergence – the idea that less developed countries should grow faster and catch up with more developed ones – is predicted by many basic economic models of growth and has been a central empirical question. Innovation and improvement in productivity are essential for sustained long-term growth. Thus, the role of innovation in the convergence process – and whether innovation itself converges – is crucial to understand long-term growth.

  • Inversis Acquires 100% Of Openfinance From SIX Group

    Date 06/07/2023

    • Inversis expands its range of global solutions for financial institutions, thus furthering its strategy of offering 360º services to its institutional clients, with the acquisition of Openfinance (a subsidiary of BME, SIX Group), a technology platform for discretionary portfolio management and advice.
    • With this transaction, Inversis strengthens its unique value proposition by adding Openfinance's functionalities to its financial asset distribution ecosystem, which provides a geographic presence in Southern Europe and Latin America.

  • BIS: The 2008–14 Banking Crisis In Spain

    Date 06/07/2023

    The Spanish banking sector experienced a profound crisis starting in 2008. Its weaknesses stemmed from both conjunctural and structural factors.

  • EEX Group Monthly Volumes - June 2023

    Date 06/07/2023

    EEX Group reports its June 2023 volumes with the following highlights:

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