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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Aviva and Phoenix Group did not provide figures when asked by the Financial Times....
...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...One of the leaseholders said the insurance broker acting for the block informed the residents that Aviva would cover the building only if the cladding was removed....
...“Some companies are refusing to deal with Russian-owned businesses rather than correctly interpret sanctions regulations or perform effective due diligence,” said Sunil Samani, XTX Markets’ co-head of legal...
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare. Premiums from its general insurance division, which includes car insurance, also grew....
...Aviva intends to provide additional capital to the unit. The deal comes after a long period of rising prices have lifted the specialist insurance market....
...UK insurer Aviva’s return to Lloyd’s after a two-decade absence is a vote of confidence....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare, while premiums from general insurance such as car insurance also grew....
...Baroness Nicky Morgan, chair of the Investment Delivery Forum, which includes groups such as Aviva and Phoenix, said the next stage for insurers would be to start pilot investment projects with local and...
...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...
...Aviva, one of the largest providers of health insurance in the UK, reported that its “protection and health” premium sales were up 23 per cent in the third quarter of last year compared with the same period...
...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 the private equity house, who co-led...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Aviva’s UK general insurance business reported a 96.1 per cent combined operating ratio in 2022, worse than the previous year but still profitable....
...Co. Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...A week ahead of half-year earnings seen as a crucial test of its progress, the insurer said Winslow, head of Aviva’s UK and Ireland general insurance business, would join at the beginning of next year....
...Existing members, which include UK’s Aviva and Italy’s Generali, were “fully committed to the net zero transition and are engaging with a broader community of stakeholders on the evolution of the NZIA”,...
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...Some analysts argue that commitments from big insurers such as Aviva to insure EVs as part of their green transition strategy will ensure there will be enough cover available in the market in the long term...
...In fact, Aviva withdrew insurance policies for some Tesla models earlier this year before reinstating cover a few months later....
...Separately, insurer Aviva said “strong rate increases” in general insurance had helped it manage higher costs....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Elsewhere, Aviva said “strong rate increases” in its general insurance business had helped it manage the inflationary environment, as it released half-year results....
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