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London’s FTSE 100 slipped on Friday as coronavirus fears intensified and a firmer pound dragged exporter shares lower, while Aston Martin drove the midcaps higher, hours before Britain leaves the European Union.
Insurer Prudential said it had appointed former banker and government minister baroness Shriti Vadera to chair its business.
The UK’s second-largest longevity swap ever has been completed after Lloyds Banking Group Pensions Trustees Limited agreed a £10bn transaction with Pacific Life Re.
The average total pension received by a minority ethnic woman is 51% less than that of a typical white older man, according to a report that highlights “large inequalities” in UK retirement incomes.
The insurtech sector received $6.37 billion in investments throughout 2019, with nearly $2 billion of that figure coming from the fourth quarter alone, a Willis Towers Watson report has found.