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...He said the old model, where they earned 1.5 per cent above returns promised to policyholders largely by buying low-risk bonds, was insufficient to cover their cost of capital and that 2 to 3 per cent would...
...Its underwriting profit reached £5.9bn, up from £2.6bn....
...In recent months, the star power of one basketball player has sold out stadiums across the US, driven record television ratings and sparked countless conversations about a new era of fandom....
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...Motor-vehicle maintenance and repair costs, which feed into insurance costs for obvious reasons, are up 6.5 per cent in a year, and 0.8 per cent for January....
...Perhaps central banks are important in shaping R-star with their actions not words. If low interest rates create zombie companies that do not invest, it can lower R-star and be self-reinforcing....
...Print revenues have fallen from about 27 per cent to 5 per cent during his tenure....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...An insurance company “needs to have the longer-term alignment”, Borean said, adding that each situation needs to be viewed on a “case-by-case basis”....
...Cigna shares fell 8.1 per cent while those of Humana dropped 5.5 per cent. The Wall Street Journal first reported the discussions on Wednesday....
...Its shares were up 2.5 per cent in morning trading....
...Here’s why the states believe their move would protect retirees, widows and orphans relying on annuities and other insurance products. 2....
...Starlink in just four years has launched about 5,000 satellites, with thousands more planned. Kuiper has yet to put operational satellites into orbit....
...It is 49.5 per cent owned by Reinet Investments, a vehicle backed by South African billionaire Johann Rupert, and includes CVC Capital Partners among its shareholders....
...Could ESG better account for a company’s climate governance?...
...As Sonali Basak pointed out on Bloomberg last week, if the assets are held within insurance-company subsidiaries, insurance regulators will have visibility, and there will be some required disclosures....
...The order from the appeals court provided a significant reprieve for Trump, who had been rushing to secure the cash for a bond after several insurance companies refused to accept his real estate holdings...
...As it happened, that very night the restaurant discovered it had just been given a Michelin star....
...Mainland Chinese visitors accounted for around $7.5bn of new insurance premiums in Hong Kong in 2023, according to the city’s Insurance Authority....
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