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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...UK insurer Aviva’s return to Lloyd’s after a two-decade absence is a vote of confidence....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...A trained accountant, he began his career at 3i, one of the UK’s oldest buyout firms, before leaving to join Citibank in 1988....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...“All eyes will be on what state-funded systems like the UK do as they scrutinise the risk-benefit calculation.”...
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...It is “agnostic of location”, one senior insurance figure in the UK said. “[Private equity owners] will pop up in any jurisdiction, they will chance their arm.”...
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...Installing charging points has also not kept pace with sales in some markets, with the number of EVs per charging point rising in Norway, the US and UK....
...Finally, if you are a UK resident you can apply for a free UK Global Health Insurance Card (GHIC) via the NHS website....
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...from state-owned insurance companies....
...The UK’s Government Art Collection (GAC) has committed to buy work on display at this year’s fourth edition of London Gallery Weekend (May 31-June 2)....
...In the UK asset manager’s latest annual review (out last week but we only got around to reading it) co-CIO Maxey revisited his 2022 prediction, and mused on whether the danger has “been averted, or merely...
...Unsurprisingly, this group is led by another co-founder, Rolly Van Rappard, who will chair the listed entity when it’s public....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
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