Catch up with the latest insurance and finance news in our weekly round-up…

 

Third in top non-life insurers see Brexit as a ‘key risk’ to solvency

Almost all of the UK and Ireland’s 100 largest non-life insurers hold enough capital to meet their Solvency II requirements.

U.S.-China trade talks end with no breakthrough as tariffs kick in

U.S and Chinese officials ended two days of talks on Thursday with no major breakthrough as more tariffs were activated.

Competition watchdog to scrutinise merger of Sainsbury’s and Asda

The competition watchdog has launched a formal investigation into whether the merger between Sainsbury’s and Asda could hurt consumers and small businesses.

Goldman Sachs to launch UK online retail bank in coming weeks

Marcus, named after the Goldman Sachs’ founder, will launch its savings accounts to retail customers as it seeks to broaden its appeal.

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