trending Market Intelligence /marketintelligence/en/news-insights/trending/DPLcBhfdrWZ7KgETzKltdA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

NFIP changes; Axa Equitable share sale; 2 insurers reveal Boeing exposure

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


NFIP changes; Axa Equitable share sale; 2 insurers reveal Boeing exposure

The Federal Emergency Management Agency announced changes to the National Flood Insurance Program, including tying premiums to the actual flood risk of individual homes instead of the existing system that sets prices based mostly on whether a home is inside the 100-year flood plain, Bloomberg News reported. FEMA will also calculate the flood threat for each home using private sector data, and will factor the replacement cost of a home into insurance rates as well, The Wall Street Journal noted.

France's Axa is offering 40 million common shares of U.S.-based AXA Equitable Holdings Inc. as part of a transaction poised to reduce its stake in the company below 50%. Axa granted a 30-day option to the underwriters for an additional 6 million shares, and Axa Equitable also expects to buy back 30 million shares from Axa once the offering closes.

Talanx AG disclosed that its exposure to the fatal crash of a Boeing Co. 737 MAX 8 passenger plane in Ethiopia will be "slightly above" €10 million, Reuters reported. Also, Reuters wrote that Swiss Re AG confirmed that it is among the insurers covering Boeing's airline manufacturer liability policy, and that it is a co-insurer of Ethiopian Airlines.

Preservation Capital Partners Ltd. completed its strategic investment in U.S. construction-focused managing general agent Cove Programs after receiving all necessary regulatory approvals.

A judge denied Lockton Inc.'s request for a temporary restraining order to prevent seven former partners from jumping to Alliant Insurance Services Inc., The Insurance Insider reported.

Atlas Financial Holdings Inc. and Citizens Inc. will not be able to submit their annual reports on Form 10-K for full year 2018 on time.

Standard Life Aberdeen PLC won a dispute with Lloyds Banking Group PLC after an arbitration tribunal ruled that Lloyds was not entitled to give notice to terminate investment management agreements in respect of assets managed by SLA.

A bill introduced in the U.S. House by Rep. Rashida Tlaib, D-Mich., would outlaw the use of credit scores to set auto insurance rates, Business Insurance reported.

The U.K. House of Commons cannot vote again on Prime Minister Theresa May's deal for separation from the EU, Speaker John Bercow said in a statement to Parliament, blocking May's plan to hold a third vote on her deal two days before its deadline.

Now featured on S&P Global Market Intelligence

European insurer failures poised to slow as new regime beds in, regulator says: The Solvency II capital regime has given regulators "a much greater suite of opportunities to step in proactively" when insurers hit trouble, Gibraltar Financial Services Commission CEO Samantha Barrass told S&P Global Market Intelligence.

Roche drug gets US nod for lung cancer; Gottlieb details FDA's funding demands: Roche's Tecentriq, combined with chemotherapy, can now be used for a hard-to-treat type of lung cancer; and outgoing Commissioner Scott Gottlieb wants the U.S. Food and Drug Administration to spend its 2020 budget to reduce the U.S. addiction crises.

In other parts of the world

Asia-Pacific: Macquarie Bank to shutter Seoul branch; State Bank of India to raise 200B rupees

Europe: Brexit vote blocked; France ups capital buffer for banks; Danske split rejected

Middle East & Africa: Bank Hapoalim Q4'18 profit down YOY; Tadawul debuts on emerging market indexes

The day ahead

Early morning futures indicators pointed to a higher opening for the U.S. market.

In Asia, Hang Seng rose 0.19% to 29,466.28, while the Nikkei 225 fell 0.08% to 21,566.85.

In Europe, around midday, the FTSE 100 climbed 0.42% to 7,329.76, and the Euronext 100 lifted 0.66% to 1,055.98.

Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.

On the macro front

The Redbook Index for retail sales and the factory orders report are due out today.

The Daily Dose has an editorial deadline of 7:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.