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...The Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers, to no avail, they added....
...The venture capital arm of the Munich insurance group Allianz X has mandated an adviser to offer its stake in N26 at a valuation of $3bn, people familiar with the matter said....
...In a statement, James Sherwood, general manager for Bupa UK insurance healthcare management, said the company had “carefully considered” how to balance affordability for customers with the doctors’ demands...
...Normally Alphaville doesn’t care too much about insurance company results, but Allianz’s ownership of Pimco — the biggest bond investment group in the world — makes it a good way to understand broader fixed...
...Aviva chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in the group’s general insurance business....
...During the recent annual meeting of China’s rubber-stamp parliament, Yi Gang, former head of the People’s Bank of China, cited the need for an insurance mechanism for presales, which he said would help the...
...Companies that cannot respond to the changes will be wiped out,” said Honda’s president Toshihiro Mibe....
...Some bulk annuity providers such as Aviva and Legal & General are part of broader groups offering other types of insurance and investments but PIC, founded in 2006, is a privately owned specialist in the...
...The IRA’s bombing campaign, combined with a general pullback from reinsurers after US hurricane losses, had created a market failure in terrorism insurance as underwriters held back from offering cover....
...There’s no way the Chinese would ever let a US company run something like this in China,” he added....
...Boots has agreed to transfer £4.8bn of pension obligations to insurer Legal & General in a deal that paves the way for a potential sale of the UK’s largest pharmacy chain by owner Walgreens Boots Alliance...
...Insurance has historically suffered fewer official crackdowns that some other sectors. Beijing has even eased restrictions on foreign insurance companies. About 50 of them now operate in China....
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...He has China to thank for a 3.6 per cent rise in operating profits. Mainland Chinese travellers have returned to Hong Kong and some are buying insurance there....
...global dominance and challenging storied incumbents such as General Motors, Ford and Volkswagen....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...After a quiet start to the week for earnings, the results calls will pick up during the coming few days with insurance a strong theme in the UK as Aviva, Legal & General, Hiscox and Royal London report figures...
...Thus you can buy a “H”, or Hong Kong, share in insurance company Ping An for HK$31 (US$4) or an “A” share in the mainland for Rmb39.4 (US$5.49) but with little hope the two, which are otherwise identical...
...reduction of 2p in national insurance, a move that will benefit 27mn workers, replicating the move made in his Autumn statement....
...With European carmakers set to increase imports of cheap Chinese batteries amid a supply glut in China, analysts at UBS project that Chinese battery companies’ market share in the EU will increase from 30...
...Its home stadium, the Allianz Riviera, was built as part of France’s bid to host Euro 2016, justifying its 36,000 capacity....
...“If all of sudden there was some legal ruling in the United States that said there was an issue with Shein or some other ecommerce company in . . . China that would have an impact.”...
...UN secretary-general António Guterres called on the private sector to join an effort to develop a “networked and adaptive” governance model for AI....
...Sir Keir Starmer is on a mission to reassure business over his proposed reforms to workers’ rights should Labour win the general election....
...“As the Net-Zero Insurance Alliance disintegrates before our eyes, we must ask why these huge companies with their hordes of lawyers did not see antitrust issues as a major obstacle when they founded the...
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