Hints and tips:
Related Special Reports
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...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...
...“All actors need to move,” she told the Financial Times....
...After all, strange things can grow in the dark....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...New York-listed Chubb will pay $350mn to the US state of Maryland, as insurers start to cover the collapse of Baltimore’s Key Bridge in March....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...UK car insurance prices fell at the start of 2024 in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high....
...The insurer voted in favour of all other resolutions....
...and insurance coverage among the country’s 1.4bn population....
...The law firm that brought this current lawsuit has a cottage-industry practice of challenging life settlements all over the United States, including some in which the FCI funds or their subsidiaries are...
...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....
...Car insurance prices have soared in recent years, reaching an all-time high last year according to one industry index, as insurers tried to reprice their policies to absorb spiralling inflation in the cost...
...Conditions in the UK insurance sector are now improving, with the cost of motor cover having risen to an all-time high....
...“All EU regulators are really down on PE fund owners right now,” said one insurance executive....
...This has already occurred in home insurance relating to climate, with US states including Florida providing cover for homeowners who are unable to get it; the UK’s Flood Re is a joint government and industry...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Looking forward, we will pursue rate increases in 10 states to improve margins and in other states to keep pace with increases in loss costs. Used-car costs have, in contrast, declined....
...Within a few years, Dai-ichi will have the chance to buy all of Canyon....
...However, increased demand for private work could take doctors and nurses away from the state’s free-at-the-point-of-use NHS, Warren warned....
...and workplace insurance products such as pensions....
...It takes months to repair all the breaches, and shakes confidence in the system, driving up business costs as regulations stiffen....
...Read up on those transactions in the piece, as well as one relatively opaque deal that hasn’t gotten any media attention at all: an $82bn dividend Berkshire’s biggest insurance unit paid the parent company...
International Edition