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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
...Of this, $2.9bn was invested in entities related to 777, according to a notice to all state insurance regulators on Thursday....
...This part of the insurance industry has been hit by four consecutive years of outsized losses from extreme weather....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...The Premier League is the richest domestic club contest in the world, with combined revenue last year of more than £7bn....
...The job cuts, which are under consultation and equate to 4 per cent of its 37,000-strong workforce, are part of a drive to add more than 3,500 hotel rooms and follow record profits from Premier Inn UK last...
...The owner of Premier Inn announced 1,500 job cuts across the UK as part of a plan to reduce its restaurants by more than 200 and build more hotel rooms....
...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...
...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...
...“Honoured to meet with Premier Li Qiang,” Musk said in a post on X, his social media platform. “We have known each other now for many years, since early Shanghai days.”...
...high energy prices and competition from subsidised companies in the US and China....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Reinsurers “need to feel that it is not just about selling insurance and making a profit. It’s about responsibility as part of society”, Hielkema said....
...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...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...The Iowa-based company is among the largest sellers of retirement annuities, a status that made it the target of a hostile bid made jointly by Apollo Global Management and MassMutual not long after Bhalla...
...The clock waits for no man, even the owner of Ineos, a global chemical company, who may discover that finding the complex chemistry that seems to be necessary for sustained on-pitch success takes far longer...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...The Premier League is by some distance football’s richest domestic competition, and one of the UK’s highest-profile global exports....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
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