Keep up to date with the latest insurance and finance news in our weekly round-up…

 

Pret a Manger charity to invest in homeless hostel in London

Pret a Manger’s charitable foundation, the Pret Foundation, is to invest in a homeless hostel in London as part of a project to provide jobs and training for people who once lived on the street.

Profits up at Willis Towers Watson for 2018

Willis Towers Watson has posted $695m of profit for 2018 with $378m coming in the final quarter.

Royal London to transfer £1bn of assets to Ireland over ‘no-deal’ Brexit concerns

The UK’s largest mutual insurer, the Royal London Mutual Insurance Society is to transfer £1bn of its assets to Ireland amid increasing concerns over no-deal Brexit.

Global FinTech investment hits record high

Investment in financial technology start-ups more than doubled last year, with firms increasingly turning to algorithms and advanced modelling to inform business decisions.

Zurich UK returns to profit for 2018

Zurich UK has posted improved results for the full year 2018. The insurer stated that business operating profit in the general insurance space 2018 reached £137m up from £50m the previous year.

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