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...Ingosstrakh separately confirmed that it reserved the right to cancel cover for vessels caught selling oil above the price cap — even if vessels had avoided using western services....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...most of the rise in transportation-services costs: car insurance!...
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...A new €1.5bn fund, its first targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at...
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...Often, travel insurance is included either as an extra benefit or service through your bank or credit card company as part of a package of services for which you pay a monthly or annual fee....
...James Daley, managing director of Fairer Finance, a consumer group that rates and reviews financial services providers, said the growth in private health insurance was likely to continue, although he described...
...Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
...The drone attack that killed three American service members on Sunday, which the US had attributed to an Iranian-backed militia, was a moment American officials had feared since the war between Israel and...
...But debt markets present a bigger opportunity than equity markets and insurance has proved to be a reliable source of fee-paying permanent capital....
...“Gap insurance can provide a useful service to customers, but in its current form it does not offer fair value and we want to see improvements,” said Sheldon Mills, executive director of consumers and competition...
...guidance from the Centers for Medicare and Medicaid Services (CMS)....
...In some cases, brokers say, companies have been able to buy insurance to cover more than $1bn of tax payments in the event they lose a dispute with the US Internal Revenue Service....
...Big private equity-cum-asset managers buy insurance companies (see also: Apollo/Athene, Brookfield/American Equity) not to cross-sell, but to gain a source of stable capital....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...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....
...Britain cannot promise European levels of public service provision, with American levels of taxation — particularly with the country’s current poor growth rate....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...The notion of a pan-European financial services champion has been much discussed, with little action. The Danish Compromise, at least, gives some reason to reconsider those opportunities....
...Blackstone’s credit and insurance division will buy the US credit card receivables from Barclays for an undisclosed sum, and the bank will continue to service the accounts for a fee....
...“All EU regulators are really down on PE fund owners right now,” one insurance executive told the FT....
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