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...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...The next key test for the insurance market will be the coming January renewals....
...its own insurance claims when it presented a credit insurance guarantee to the regulator....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Premiums from its general insurance division, which includes car insurance, also grew....
...The global insurance sector is expecting billions of dollars of claims after the Dali container ship struck the Francis Scott Key Bridge on Tuesday, including for repairing damage to the bridge and paying...
...“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....
...Ministers have promoted the Solvency II reforms, which ease capital rules and make other changes to EU-inherited regulation, as a key “Brexit dividend”....
...Crown Castle said the lawsuit was meritless. Miller himself has been seeking board representation at Crown Castle and has been rebuffed by the company....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...Barings won a preliminary injunction against the company and key employees in a North Carolina court last month....
...“Replacing [diesel buses] with a cleaner, greener alternative will be key in decarbonising the transport sector and achieving UK net zero targets,” said UKIB chief executive John Flint....
...Zurich, which has refused to pay out on the insurance, contends that it is void because a key lending programme provided by Greensill Capital to Gupta companies was a “sham”, relevant information provided...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...The insurance sector is expecting a hefty bill....
...Mainland Chinese visitors accounted for around $7.5bn of new insurance premiums in Hong Kong in 2023, according to the city’s Insurance Authority....
...Hunt also adopted Labour’s idea of extending a windfall tax on oil and gas companies, drawing criticism from senior Scottish Tory MPs, including energy minister Andrew Bowie....
...A key early test of insurance appetite will come in January, according to Nelmes, when UK carmakers will have to increase their sales of EVs to meet mandatory targets....
...Iran, a key actor, has sought to prevent escalation, to give just one example....
...White said the materials underlined the relationship between Lloyd’s and the African Company of Merchants, a key slave-trading venture, and revealed the role of several members of the governing committee...
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
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