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...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...development, according to government officials and the property tribunal....
...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Creditors of the two most important companies in the bankrupt Signa property group are pushing to oust management and hand over control to independent auditors, over fears their interests are being sidelined...
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...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...
...But if you own the property personally, and rent it to the company, then it is likely to qualify for only 50 per cent relief, whether or not you charge a market rent for its use....
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
...Overall, property insurers paid out £4.9bn to households and businesses last year, with more than half of that to homeowners....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business. He previously worked for Morgan Stanley....
...Poste Italiane has excess insurance capital and has hedge protection from interest rate volatility....
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...For the top 5 metropolitan areas that are most affected by remote work, we estimate that office acquisition prices would need to fall almost 50% for conversion to be financially feasible....
...Property insurance rates, a particular source of pressure, were up another 6 per cent, and overall prices grew 2 per cent....
...An industry-wide reinsurance scheme known as Flood Re provides coverage for residential properties, but this has not been extended to businesses despite repeated calls from the insurance sector since its...
...It is alleged that Earl planned and paid others to burn down the east London property on March 20....
...But one in four cited cost-cutting as a rationale for using flexible working arrangements that range from casual and seasonal work to zero- and variable-hours contracts that do not offer guaranteed periods...
...The idea, said Frank Vivier, Richemont’s chief of transformation, was to move beyond the analogue era where insurance companies, watchmakers and police communicated little and victims were left in the dark...
...property....
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