Standard & Poor’s has released its first glossary of insurance securitization terms, providing a comprehensive list of the terms used in this emerging sector. ‘While still at a nascent stage, securitizing different insurance products has taken off, with various enquiries coming to us,’ said credit analyst Earl Lancaster, a director in the insurance ratings group in London. Lancaster explained that the glossary has particular benefit as insurance securitization involves credit analysis in two very jargon-filled markets: ‘Both insurance and structured finance use terms unique to these areas of the financial market.’ The glossary is available on the rating agency’s website.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.