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...While the numbers of departures have not been as high as the worst predictions, many US companies have slowly relocated teams from London and chosen to make new hires in continental Europe....
...The number of tankers shipping Russian oil without western insurance has risen since the introduction of the cap....
...insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...The EU is concerned that non-western insurance policies may not be effective in the event of an oil spill....
...European officials are concerned that some western insurance providers have been given false declarations from Russian oil companies or traders, which must provide written assurances the crude is priced...
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
...Rossi, who became chief executive in late 2022, highlighted the group’s investment performance across its funds and the contribution from the life insurance business as the reasons behind the company’s recent...
...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 —...
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Climate change means your home insurance premiums are probably going up. So are reinsurers’ returns....
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...“The insurance industry has a problem in that region for the foreseeable future.”...
...into bank parent companies....
...Of the 20 vessels that declined the use of the pilots, only three are covered by a recognised western insurance provider....
...The demand has helped push a number of continental European companies to issue sterling debt for the first time in recent months, including German real estate company Vonovia, German truck manufacturer Traton...
...However, it is seeking a new sponsor to cover annual maintenance costs of €200,000 after a deal collapsed last year with a company behind caiz, a sharia-compliant cryptocurrency....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...If you look where the revenue streams are it is southern, continental Europe,” Maffei told the Financial Times. “It’s a great worldwide product....
...There, an ominous-looking chart started doing the rounds, showing that the cost of buying insurance against a default on debt by the German bank had rocketed higher....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...The family owns 46 per cent of tyremaker Continental, and has through its eponymous company agreed to pay €3.8bn in cash for Vitesco, a specialist in electric car parts....
...its own expanding plant, with Continental picking up the bill to retrain them....
...“A lot of people have chosen to become uninsured,” said Xu Yucai, a former health official in the north-western Shaanxi province....
...“It is a huge turnaround from where we were at in the 1970s,” said Harold Hamm, chair of Continental Resources and a shale pioneer....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
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