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...US-listed Aon has a $65bn market value and employs 50,000 across 120 countries. In December it agreed a $13bn acquisition of US broker NFP, expanding the business it does with mid-sized companies....
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...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Ageas has 44,000 employees in 13 countries. Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...It now employs 16,000 staff across 50 countries and the completion of its acquisition of TigerRisk gave it a significant reinsurance broking business....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...The ABI called for more to be done to “support communities up and down the country to be more resilient” to the weather....
...Some Tory MPs would have preferred Hunt to focus on more “retail-friendly” cuts to income tax....
...Alas, the preferred UK model for delivering CBDC through payment interface providers makes erecting such safeguards difficult....
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
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...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...
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...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....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...“German cities are getting greener and become more attractive places for shoppers to stroll around,” he said, adding that Intersport preferred these locations over shopping malls on the outskirts of cities...
...And despite the threat of tougher enforcement, the policies have never been cheaper, thanks to an increasing number of insurance companies entering the market....
...The investor group will purchase NYCB’s common stock at a price of $2 per share and convertible preferred stock at the same conversion price, according to a press release....
...They also complain the US interpretation is stricter than that of other countries, for example by requiring lenders to phase out any use of internal models to calculate risk weights....
...Last year’s survey showed 38.9 per cent preferred China and 61.1 per cent chose the US....
...Some reinsurers had argued for exclusions of these countries from framework contracts, they added, but had limited success....
...into bank parent companies....
...The chancellor’s headline measure — and intended vote-grabber — was a 2 percentage point cut to national insurance, at a cost of £10bn per year....
...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....
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