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...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...
...Ingosstrakh, a Moscow-based insurer, provides coverage that is essential for its shipping clients to enter ports around the world....
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The company conducted work to compare listing venues....
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...Lloyd’s is the world’s oldest insurance marketplace, and its chief executive John Neal told me that the home insurance market, particularly in coastal America, “has reached a tipping point”....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...But developments in the life business, in particular, suggest that greater attention is due, especially given the implications for millions of retirees around the world....
...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...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...There were a record 37 extreme weather events around the world last year that led to payouts of more than $1bn each, according to figures from insurance broker Aon, with storms, floods and wildfires providing...
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...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...
...Bulk annuity sales, as these deals are known, should pick up from around £28bn in 2022 to £80bn by 2027 say pension consultants LCP — good news, you’d think, for insurance companies that specialise in annuities...
...The chief executive of one of the world’s biggest privately owned insurance brokerages has said commercial insurance prices should level off this year, describing “green shoots” for clients that have been...
...Companies: Brazil’s state-run oil company Petrobras is to release its first-quarter results after the market closes....
...Buyout funds are piling into Indian hospital chains and medical firms, lured by rising spending on healthcare in the world’s most populous nation, with the sector providing a rare bright spot amid a downturn...
...Yet, at the same time, policymakers around the world are ringing alarm bells about this nascent business model....
...Production in allied countries is helping, too. Japan and Europe are investing in foundational chip capacity....
Concerns that lack of suitable projects could undermine post-Brexit reforms designed to boost domestic infrastructure
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Confused.com, on whose platform the index of quotes is based, said it was a “bleak time for drivers and their car insurance”....
...In maintaining the “plumbing” of the internet and resisting the intrusions of nation states and powerful private companies, Icann has preserved the World Wide Web as an open and dynamic space....
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