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...“If you look at any index, any platform, you’d expect that [private investor share] to be higher,” Lloyd’s chief executive John Neal told the Financial Times....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...They added that a gas pipeline in the Baltic Sea that was sabotaged earlier this month was another concern and “it would be good to have an insurance policy”....
...It is the second big transaction by a private capital-backed firm to take on long-term life insurance business that has failed in recent months....
...French President Emmanuel Macron, US climate envoy John Podesta and European Commission president Ursula von der Leyen will attend the summit....
...“This is a wake-up call for the financial industry and the insurance industry,” executive director of the European Environment Agency Leena Ylä-Mononen told the Financial Times....
...group of Swiss women, aged mostly in their 70s, who argued that Switzerland had failed to protect citizens from the “serious adverse effects of climate change on lives, health, wellbeing and quality of life...
...Hydrogen therapy has a long history, with experiments going back more than two centuries, says John Hancock, a professor of biochemistry and molecular biology at the University of the West of England (UWE...
...“The judgment we are seeking would in effect be the same as legally binding regional treaty . . . that would compel them to rapidly reduce their emissions but would also force them to compel major companies...
...Large energy companies can also use the courts....
...Importantly, FCI I never participated in the origination of any life insurance policy....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...Production, The Good Company Represents...
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Lloyd’s is the world’s oldest insurance marketplace, and its chief executive John Neal told me that the home insurance market, particularly in coastal America, “has reached a tipping point”....
...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...
...john.gapper@ft.com...
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...But a less-followed risk is adding to unease at companies offering life and health insurance: scientists’ warnings, and research findings, that a warming climate is causing an increasing number of excess...
...In addition to taking on life insurance premiums through reinsurance agreements with primary insurers, it plans to offer outsourced investment management to insurers looking for expertise in private assets...
...The company was founded by Charles Hancock, in Bond Street, in 1849, making silverware and diamond jewellery — at a time when London was a major centre for diamond cutting....
...In a joint letter to the FT, the leaders of Germany, the Netherlands, Denmark, Estonia and the Czech Republic describe the need to speed up arms supplies as a “question of life and death” for the Ukrainian...
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