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...Home insurance is becoming increasingly unaffordable in areas such as California and Australia, as global warming has made storms, floods and wildfires more frequent and severe....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Almost 10 per cent — $850bn — of the US life insurance industry’s assets were owned or managed by private equity firms by the end of 2021, the IMF said....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...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...
...A string of big home insurers have halted new business in California, for example, in response to a surge in extreme weather losses....
Past performance does not guarantee . . .
...— The Japanese Bid for Foreign Bonds After the End of Yield Curve Control (Brad Setser and Alex Etra) — Why do people let their life insurance lapse?...
...Organization’s brain health unit....
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
...For every woman, that’s about 500 days, or around a year-and-a-half of her life....
...Finally, if you are a UK resident you can apply for a free UK Global Health Insurance Card (GHIC) via the NHS website....
...Bright orange poppies, California’s protected state flower, dotted the verges....
...Here he speaks with HTSI editor Jo Ellison about Sha’s roots in Alicante, Spain, scaling up with new openings in Mexico and Abu Dhabi, and life on the longevity frontier. Can 100 be the new 60?...
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...New Jersey’s problem is too much water to start with — unlike places such as California, which suffer shortages....
...But medtech remains one of the biggest growth segments within life sciences in the UK....
...Blackstone owes the University of California twice as much as it did last quarter as part of a complex transaction to shore up its flagship real estate fund....
...By contrast, the average annual policy cost £561 in the third quarter of 2023, a yearly rise of 29 per cent, according to the most recent edition of the Association of British Insurers’ own index, which...
...“I’ve been a card-carrying member of this organisation for most of my adult life, and I will never stop supporting the NRA and its fight to defend Second Amendment freedom....
...It hasn’t been so straightforward for the family who agreed in 2022 to sell its California supermarket Save Mart to the private equity firm Kingswood Capital Management, which valued the grocery chain at...
...corseting typically used in Sargent’s day to achieve the poised élan of his subjects, but the modern use of laptops, smartphones and chairs to work and slump in has been just as debilitating to our spinal health...
...It is offered with a third-party guarantee in London on March 7....
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