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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Of these, 140 were on vessels that held no insurance from western providers. Many were very old — a hallmark of the dark fleet....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
...Shah’s previous business Health IQ, a life insurance broker that used AI, filed for bankruptcy last year after rising interests hit its ability to meet debt payments....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...The latest evidence emerged this week, with the news that the average annual quote for car insurance in the UK rose last year by more than 50 per cent to £995, with 17-year-olds now being quoted an average...
...It is a serious price for an asset manager that is only a decade old and manages $20bn. Blue Owl itself manages $165bn for a juicy market capitalisation of just above $20bn....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...Under the old pricing system, which had not been updated for half a century, premiums rose on average 8 per cent annually....
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
...It also comes one week after the suspicious death of Russian opposition figure Alexei Navalny in a penal colony....
...The news will also come as a setback to attempts by Lloyd’s to bring more investors into the insurance market, which is a centuries-old hub for specialist commercial insurance and reinsurance....
...Couples who live in US states that allow workers to claim unemployment insurance when they move for a spouse’s job are 40 per cent more likely to move....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...The fate of American assets in the country, including the six-year-old drone base near the northern city of Agadez, is unclear....
...He also questioned whether it made sense for the same fee to be payable for a hernia operation regardless of whether the patient was a fit 21-year-old man with no medical problems, or a 90-year-old chain...
...Separately, one of its portfolio companies, Skydance, is a frontrunner to take control of the US studio Paramount Global....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...In 2021, 63 African penguins from the Boulders Beach colony were stung to death by bees....
...Yuan Lixia, a 45-year-old migrant worker in the southern Hunan province, decided this year to withdraw from the main health insurance policy, which covered less than 40 per cent of a Rmb20,000 ($2,800) back...
...He deftly captures the hypocrisy of the venture when assessing the directors of the 17th-century Dutch trading company that oversaw it in its early years....
...KNDS — the joint venture between German Krauss-Maffei Wegmann and French Nexter that is developing a future tank system — and Boston-based asset management group Wellington Management Company, have pledged...
...The so-called pensions lifeboat takes over the assets and liabilities of failed companies’ pension schemes....
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
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