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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...I believe that now is the right time for the Board to begin the search for my successor and to do so transparently with our stakeholders.”...
...Google’s traditional search engine would remain free of charge, while ads would continue to appear alongside search results even for subscribers....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...The cache of shipping files, seen by the Financial Times and the Danish media group Danwatch, reveals a number of Russian vessels travelling from the Baltic are relying on insurance that can be easily voided...
...Days later, the group voted against Quinn’s re-election at the bank’s annual general meeting, according to people familiar with the situation....
...Her comments revived concerns about working conditions at Chinese tech groups....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...Earlier this year, US insurance group A-Cap said it would attempt to take back control of assets ceded to 777 Re after the reinsurer had its credit rating downgraded, and US and Bermuda regulators have been...
...The London-listed insurance group said it had not yet set any reserves aside for the “emerging event” but it expected the net loss to be “moderate” due to its own risk-sharing arrangements....
...Entain said the search for a permanent chief executive “is ongoing and is progressing well”....
...Its last significant deal came in 2022 with the $12bn acquisition of Alleghany, an insurance-to-manufacturing group....
...The search for hot artificial intelligence stocks is under way in China as local companies create their answer to ChatGPT....
...The price rises have sparked concern among insurance buyers and consumer groups....
...In practice, this means we have designed new choice screens for users, balancing the interests of various groups, including other search engines....
...Plus, European defence groups are worried about their reliance on China for crucial military supplies. I’m Kasia Broussalian and here’s the news you need to start your day....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Among the witnesses at the search trial was Satya Nadella, chief executive at Microsoft, whose rival Bing search engine has failed to make significant headway, getting only 2 per cent of mobile search traffic...
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...In today’s newsletter: Spanish group in Europe’s biggest IPO of 2024 SocGen trading “incident” Berkshire’s insurance business after Ajit Jain Puig calls time after three generations For 110 years, the...
...Sitting down for a briefing at the Marine Dynamics headquarters, our group was told that while our chances of seeing great whites would be virtually zero, we’d instead see bronze whaler sharks....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...Penny James stepped down as chief just over a year ago after the group scrapped its dividend following a period of rampant inflation in motor claims....
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