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...While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...For the limited universe of targets, this is the moment to cash in. The Blue Owl deal is a little trickier than meets the eye. Apart from the investment manager, Kuvare also sells annuities....
...Some reinsurers had argued for exclusions of these countries from framework contracts, they added, but had limited success....
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
...Galicia will acquire the entire HSBC Argentina business, including banking, asset management and insurance, HSBC said....
...“I need to make the best use of my limited savings,” said Li. “Health insurance is not my top priority.”...
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...When insurance companies cede risk to reinsurers, they heavily scrutinise them either directly or via careful monitoring of their credit rating reports....
...In recent years, its performance has been blighted by higher than expected compensation payouts linked to mis-sold payment protection insurance....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...Instead, the regulator in its report referenced anonymised companies “[Company A] Bank AG” and “[Company A] Capital (UK) Limited”....
...In response, the Treasury has limited the scope of its data collection to insurance providers that write 1 per cent or more of the US homeowners insurance market....
...Hunt is expected to cut income tax or national insurance....
...Chris Giles: The government consultation is very vague on the definition of a UK company (probably companies listed on UK trading platforms) and collective UK equity investments....
...Jeongmin Kim, lead analyst at Seoul-based information service Korea Pro, said the strikes had garnered limited public sympathy....
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...In the US, more than 90 per cent of sales are completely or partially covered by health insurance, the company said....
...“There are still many companies that do not insure the cargo for war risk until their ships cross into Ukrainian waters and take the risk due to the current high costs of insurance.”...
...The limited flexibility of our banking system creates a challenge for any SMB. And increasingly bigger banks are not the solution here....
...There, an ominous-looking chart started doing the rounds, showing that the cost of buying insurance against a default on debt by the German bank had rocketed higher....
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