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...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...Those earnings were buoyed by growth in the firms’ overall assets, particularly credit and insurance-based investment operations, which benefited from fast-rising interest rates....
...The Association of British Insurers welcomed how the government’s plans “focus on ensuring a level-playing field” for insurers....
...Given where you live, you may feel relatively insulated from devastating wildfires plaguing distant California. You think insurance premiums in California must be very expensive....
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...Insured losses from natural disasters in the US topped $275bn between 2020 to 2022, the most ever for a three-year period, according to the American Property Casualty Insurance Association....
...At the end of last year, Scott, who works in tech and is the sole earner for a family of four, bought a home in Orinda, California, in need of renovation....
...After a quiet start to the week for earnings, the results calls will pick up during the coming few days with insurance a strong theme in the UK as Aviva, Legal & General, Hiscox and Royal London report figures...
...The gap was particularly wide in the aerospace, government, education, insurance and transportation sectors, it found....
...It should remove the need for expensive regulatory approvals, insurance and safety provisions that in contrast add costs to new fission power plants....
...Allstate cited the growing bill from wildfires as among the reasons it paused selling new home insurance policies in California last year....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...Ken Stoller, assistant vice-president at the American Property Casualty Insurance Association, an industry body, highlighted the rejection of pandemic claims in many federal courts, in state high courts...
...With our emphasis: The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations...
...Almost all are family-owned, according to data from the Napa Valley Vintners trade association....
...In-force premiums in the sector more than doubled between 2018 to 2021, according to the North American Pet Health Insurance Association (Naphia)....
...Both hospitals she worked for in California stopped allowing her to come to work....
...“A doctor’s visit can become prohibitively expensive for people who are uninsured . . . and many young people on their parent’s insurance would not want them to know they are getting birth control pills,...
...Relationships became more important, says Sally Guyer, chief executive of World Commerce and Contracting (WorldCC), a trade association that represents contract, procurement and supply chain managers....
...The firm represented an association of 76 energy companies to lobby for, and draft, new legislation allowing the securitisation of billions in debt so that repayments due could be spread over two decades...
...Richard Wulff, executive director at International Credit Insurance and Surety Association, a trade body, stressed it was a “unique case, in lots of different aspects . . . the risks involved, the way the...
...In the US, states including California, Michigan and Massachusetts now ban or limit the practice of using credit scores to determine insurance costs....
...A spell at PwC (“consulting was not really for me”) was followed by a switch to Aon and the Lloyd’s of London insurance market....
...Stephen Ubl, the president of the industry association PhRMA, called the Democrats’ proposals “disastrous”....
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