Oneglobal Broking embarks on Asia expansion


Oneglobal Broking has announced the establishment of Oneglobal Group Asia to spearhead its Asian expansion efforts. Furthermore, its first operating company, Oneglobal Broking Hong Kong Ltd, has received regulatory approval from the Insurance Authority.

Broking veteran Anthony Langridge (pictured) was appointed chairman of Oneglobal Hong Kong, reporting to Jonathan Palmer-Brown, Oneglobal Group chairman and chairman of Oneglobal Group Asia.

According to a statement from Oneglobal, Langridge has outstanding relationships with senior business leaders throughout Asia and will be instrumental in driving the growth of Oneglobal across the continent. He was formerly chairman of JLT Asia, as well as deputy chairman

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Allianz Group’s profit falls in Q2


It’s the turn of Allianz SE to reveal how it fared in the second quarter, and the German insurance giant describes its performance as “resilient” amid the current difficult environment.

According to the company’s earnings release, the net income attributable to shareholders in Q2 fell 28.6% to €1.5 billion (around SG$2.43 billion). In the three-month span, Allianz saw a 6.8% decline in total revenues to €30.9 billion (around SG$50.0 billion), while the insurer’s operating profit for the quarter stood at €2.6 billion (around SG$4.21 billion).

The aforementioned amount represents an 18.8% decrease from the operating profit posted by Allianz in

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The $600 unemployment boost leaves 6 million without enough cash


Carlos Ponce joins other demonstrators participating in a protest asking Senators to support the continuation of unemployment benefits on July 16, 2020 in Miami Springs, Florida.

Joe Raedle | Getty Images

Losing a $600 boost to weekly unemployment benefits puts 6 million people at risk of not being able to pay their bills this month, a new survey found.

That financial hardship comes at a time when jobs are hard to find, lawmakers are at an impasse over continuing federal jobless aid and eviction moratoriums have expired in around 30 states. A federal moratorium ended in late July.

The $600

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You’ll probably get payments for lapse in federal unemployment checks


When and if Congress agrees on an extension for federal unemployment benefits, the payments are likely to be retroactive to when the $600 lapsed in your state.

hxyume | iStock | Getty Images

It’s now been days, or more than a week, since unemployed Americans stopped receiving the $600 federal boost.

Now, they await updates on negotiations between Republicans and Democrats over what, if anything, those payments will be replaced with. In the meantime, they’re left with only their state unemployment benefit.

But you probably won’t end up losing money just because the two parties can’t quickly

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