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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...“Waiting for further data before starting the normalisation of our policy rates, gives us additional insurance against upside risks to inflation,” he said....
...One of Cameron’s most inspired casting decisions was hiring Arnold Schwarzenegger to play a cyborg in The Terminator....
...The rebel group says they’re attacking ships in the area in response to Israel’s offensive against Gaza....
...After the inconclusive debate, the G7 group of nations said in a statement on Wednesday evening: “We reaffirm our determination to ensure that Russia pays for the damage it has caused to Ukraine....
...first hurdle, compelling a level of fiscal adjustment that is counter-productive given the growth and strategic challenges the EU is facing,” said Mujtaba Rahman, managing director for Europe at Eurasia Group...
...Melanie Debono, an economist at research group Pantheon Macroeconomics, said: “We expect growth to remain subdued in the first half of 2024, as a lagged response to the rise in interest rates over the course...
...There were also high numbers of collapses among German care homes and clinics as they struggled to pass on higher wage and energy costs to the health insurance system....
Awards highlights include technology, skills, access to justice — and a special achievement award
...The price rises have sparked concern among insurance buyers and consumer groups....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Oil markets have been less affected by the disruptions, with many companies still willing to traverse the Red Sea route, according to Vortexa, despite facing higher insurance costs....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...Penny James stepped down as chief just over a year ago after the group scrapped its dividend following a period of rampant inflation in motor claims....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...Built for comfort, not speed is a good slogan for annuities — an insurance product offering retirees steady, long-term income....
...It called it “flawed” and said the same person could have filled it in multiple times and some of its topics were the responsibility of a wider group than just the president or were outside the union’s remit...
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
...Aviva chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in the group’s general insurance business....
...Total returns for the group’s shares have underperformed the Stoxx 600 insurance sector by a third over the past three years....
...Howden said the progress of his group and others such as US-listed rival Gallagher had led to a broadening of competition in the highest reaches of insurance broking, almost three years after US regulators...
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