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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....
...It is continuing to provide cover to ships transiting the Red Sea, for which insurance rates have jumped as the Houthi rebel group has attacked commercial ships....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...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....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the fourth quarter of 2023, the 25th consecutive quarter of rate increases....
...The Microsoft-G42 deal appears to be the start of a broader alliance between the US and UAE over AI....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...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....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...GFG Alliance said it was “not involved in any insurance arrangements which Greensill had in place and any attempt to link us to the Greensill insurance is misplaced.”...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...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....
...Poste Italiane has excess insurance capital and has hedge protection from interest rate volatility....
...’s largest banks to rebuild its depleted deposit insurance fund....
...In the chart, Commercial Union is listed as still in the FTSE 100, but General Accident is listed as acquired.— Royal Insurance and Sun Alliance & London Insurance merged, forming the company that would...
...Also in the group is Manuel Sánchez Rodriguez, a former top executive at Spanish bank BBVA and a board member, since 2018, of the US government-backed mortgage insurance company Fannie Mae....
...Two of the world’s biggest container shipping lines have announced a new partnership, in a major reshaping of the industry’s commercial relationships....
...That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world....
...a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation....
...Axa’s new strategy and bet on rising commercial insurance prices marks a shift from the group’s last three-year plan, which focused on building up health insurance sales....
...The companies carrying on maritime trade in the Black Sea have ensured that both Russia and Ukraine recognise the downsides of striking each other’s commercial shipping — a lesson sadly lost on the Houthis...
...The US commercial real estate market, which has taken a hit from companies shifting to remote work over the pandemic, had once been seen as a safe place for return-starved Japanese lenders....
...The partnership makes Mistral the second company to provide commercial language models on Microsoft’s Azure cloud computing platform....
...Astrobotic’s Peregrine mission was launched earlier on Monday from Florida’s Cape Canaveral spaceport aboard the Vulcan Centaur developed by United Launch Alliance, a rocket that was also making its maiden...
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