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...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...The head of Tokio Marine has said the Japanese insurance company “cannot run away from” natural catastrophe risk despite deepening concerns among investors and policymakers over rising industry losses linked...
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...Lemonade, whose shares have fallen more than 70 per cent since its first day of trading in New York in 2020, provides a range of insurance including for homes, pets and cars to customers in the US and Europe...
...The lack of affordable property insurance has even driven some to move home....
...The car, home and business insurer, whose results often set the tone for the insurance earnings season, managed an improved combined ratio — claims and expenses as a proportion of premiums — of 85.8 per...
...The ocean had calmed down sufficiently for Grootbos to arrange trips with aquatic tours company Marine Dynamics to spot fleeting dolphins, migratory southern right whales and unfathomable numbers of cape...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...The costs of core insurance products, such as home and motor insurance, have come under increased scrutiny amid a cost-of-living squeeze on UK households....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...The work-from-home trend made for a listless atmosphere at its City headquarters. Now numbers are back to nearly four-fifths of pre-pandemic levels, Tuesdays and Thursdays....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...The overall effect is drastically to reduce the value of works because it discourages buyers who do not live in the country or have homes there. This has curtailed the art market in Italy....
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
...But public car insurance would be even harder to design than flood-zone home insurance: how would any government limit the number it covered?...
...the company in as many years....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
...But her decision came against a backdrop of sharp rises in removals costs — by 38 per cent over the past five years, according to Admiral, the insurance group....
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