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...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Aspen is owned by private equity group Apollo and sells insurance and reinsurance through the Lloyd’s of London market as well as in Bermuda and the US....
...Lloyd’s, a centuries-old marketplace where brokers and insurers come together to agree coverage for a range of risks, is one of the global hubs for property catastrophe reinsurance, which pays out when a...
...The Canadian group also created a reinsurance affiliate to initially manage $5bn of the Iowa company’s annuity liabilities and today owns 18 per cent of the insurer....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...The performance was helped by a quiet year for hurricane claims as well as a rapid run-up in reinsurance prices over the past 18 months....
...Aviva said Lloyd’s, a centuries-old market selling specialist insurance and reinsurance covering everything from cyber attacks to hurricanes, was a “major source of untapped growth” for the FTSE 100 group...
...Last year’s results benefited from fewer hurricane claims as well as a steep rise in reinsurance prices. That is unlikely to continue, though Lloyd’s expects rates to level out rather than fall....
...New features in the London Bridge 2 scheme include allowing the reinsurance contracts to be funded by debt securities for the first time, opening the door to a wider array of investment funds....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...Arch-Brexiter Farage heeded the lessons from his years running a UK Independence party beset by infighting when he helped found Reform in 2018 as a limited company with a few directors responsible for its...
...According to a 2022 legal filing, Matute had corresponded with an unnamed UK reinsurance broker asking him to buy Wimbledon tickets for a senior colleague who “resides in Miami”....
...and property catastrophe reinsurance....
...named after the Hindi word for “vision”, and India has a lot to keep its eye on — its land and maritime borders with 11 nations stretch many thousands of kilometres and include a disputed frontier with arch-rival...
...“I think you’re going to see a much stronger movement in price for European reinsurance business,” he said in an interview on Thursday, adding that reinsurance price increases would feed through to primary...
...big leg-up in AI, given all of its data and experience in this space, but Apple has been noticeably quiet about its efforts here, so this is an opportunity for Samsung to differentiate itself from its arch-rival...
...Meanwhile, Renault’s arch-rival Stellantis, which owns brands including Peugeot and Fiat, hopes to offer an electric model in Europe that would cost less than €20,000, according to European operations boss...
...Lloyd’s said insurance and reinsurance prices rose 9 per cent in the six months to June 30. That helped its underwriting profits to more than double to £2.5bn....
...While Google has stumbled, arch-rival Microsoft has moved deftly....
...Two months ago, ITV thought it had found a way to hijack the UK’s national political conversation: pay arch-Brexiter Nigel Farage £1.5mn to appear on the reality show I’m a Celebrity . . ....
...Moody’s wrote in a recent report that “the rising tide of offshore life reinsurance raises [a] yellow caution flag”....
...It may be in for competition from its smartphone arch-rival, however, with an analyst noting that Apple has registered a patent related to a “skin-to-skin contact detection system”....
...Staff at Bankman-Fried’s trading firm had seen that his FTX exchange was unable to meet customer demands to withdraw money, and that he was ready to sell the company to arch-rival Binance....
...The consortium Bain put together was intriguing from the beginning with the inclusion of Toshiba’s arch rival SK Hynix....
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