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...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...On Friday, the Treasury responded with a £750m insurance scheme for live events. Better late than never. Many organisers did not dare to go ahead this summer without insurance....
...These include maintenance, depreciation, security, IT, insurance, theft, regulation and developer costs, and must all be passed on to fleet managers in a shared-mobility model, cutting into affordability...
...Phil Thorn, head of direct home insurance at Hiscox, says that there are parallels with the luxury car market. “A lot of them have moved to electronic key access....
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...In the middle, the company has further debt at intermediate holding companies — such as “Altice Luxembourg”, an entity that sits above the company’s French and international businesses and has €6.2bn of...
...Hiscox’s personal cyber insurance covers similar risks. “It is a service-driven proposition,” says Stephen Ridley, a senior underwriter specialising in cyber and data at Hiscox....
...Beazley, Hiscox and Lancashire trade at relatively high valuations, however, which could put buyers off....
...People in the industry admit that the influx of new companies could put a strain on Luxembourg’s insurance infrastructure....
...RSA is to follow a raft of other insurers including AIG and Hiscox by setting up a new EU base in Luxembourg....
...M&G, the asset management arm of UK insurer Prudential, as well as the insurers AIG, FM Global and Hiscox are among those that have decided to set up subsidiaries or divisions in Luxembourg in response to...
...A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
...While it’s true rental companies can bring some economies of scale to the market — taking advantage of location, maintenance, insurance, cleaning and vehicle financing synergies — what they gain in those...
...UK insurer Hiscox has reported a healthy climb in its third-quarter insurance premiums despite warning margins are “evaporating” in its London Market business....
...Duncan Fraser, senior partner at insurance broker JLT Specialty, says the number of companies buying disgrace insurance has risen by at least 30 per cent in the past three years....
...V&A’s robot-made web London’s Victoria and Albert Museum, has launched a season of exhibitions and events focused on the “unsung role” of engineering in society....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...Among the many tradeoffs emphasised by economists are guns v butter, public v private, efficiency v equity, quality v quantity or cost and short-term v long-term performance....
...We also need the tech companies to acknowledge the disruption they cause and do far more to benefit all aspects of our lives. john.thornhill@ft.com...
...Lloyd’s insurer Hiscox says gross written premiums increased 12.9 per cent in the first nine months to £1.5bn....
...While the company trades at a premium of 43 per cent to book value, Hiscox is on 81 per cent and Beazley 69 per cent....
...Potts, a leading company law advocate, drew attention to the famous case of Carlill v Carbolic Smoke Ball Company....
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