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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....
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Tanker owners must be able to prove they hold adequate insurance against spills in order to be allowed to access ports and other facilities....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...It has said it expects to open a deeper access channel on May 10, following removal of the Dali....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Access to quality care remains patchy, particularly in India’s vast rural hinterland....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...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...
...“As risks increase because of climate change, we will need insurance more than ever, but access to insurance may become more limited,” warns Wellcome’s Thomson....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...“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....
...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...
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The company then increased its position twice in 2018 and again two years later, becoming the bank’s largest shareholder. Its sale this week reduces the stake to 7.98 per cent from 8.01 per cent....
...You might be able to get a new phone on insurance, restore your data from the cloud and have stolen money refunded....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...remained “committed to further growth in the German savings and retirement services market” while Axa said it will now retain the business, but had separately entered into a new reinsurance deal with a company...
...Unhedged: Some of your competitors, rather than working on behalf of insurance companies, own insurance companies, or have insurance subsidiaries. I wonder why Blackstone hasn’t done that....
...Premiums from its general insurance division, which includes car insurance, also grew....
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