Insurers are planning to introduce a new product to help companies limit the financial fall-out when their brands or high-profile spokesmen such as Tiger Woods suffer reputational damage, reports the Financial Times.
The FTSE 100 opened morning trading in positive territory, with financials leading the way.
Bank of Ireland Securities Services (BoISS) has unveiled a pan-European settlement platform for ETF issuers.
Banks led the FTSE to an early gain in Thursday trade following reports the Bank of America (BoA) is poised to repay its $45bn US government debt.
London's leading shares have started the day positively as investors shake off concerns surrounding the fallout from Dubai.
US stocks have weathered a 7% slump for Dubai's leading index and are back in the black.
US shares dipped into negative territory in early trading as the after-shock of Dubai's debt mountain disclosure continued to shake world markets.
The size of a market is transformed by the arrival of a product that meets consumer demand in that market, says Tom Baigrie.
The FTSE 100 is losing ground following early morning gains, down 0.31% (14.58 points) at 4656.79.
Jubilee Financial Products is delaying the strike date on its suite of four structured products until 25 September in anticipation of a market correction.