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...In December it agreed a $13bn acquisition of US broker NFP, expanding the business it does with mid-sized companies....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...“Ingosstrakh does not tolerate such clients’ behaviour,” the spokesperson added....
...The private medical insurance sector is booming, with the number of people covered by health insurance hitting 5.8mn in 2022, according to the latest industry data — the highest level since 2008....
...It has said it expects to open a deeper access channel on May 10, following removal of the Dali....
...Does Buffett matter?...
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...While the disposal is relatively small, reducing its stake by a fraction of 1 per cent, it marks a reversal from the previous six years when Ping An tended to buy shares in Europe’s largest lender....
...which cost about $1.5bn....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...One year’s strong performance does not make up for dismal returns. The market’s return on capital was just 3.6 per cent since 2017, even taking account of last year’s 25 per cent return....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Importantly, this lawsuit only involves FCI I and related entities, and does not have any bearing on other Apollo businesses or funds....
...Premiums from its general insurance division, which includes car insurance, also grew....
...At least 10 class actions allege the groups conspired to drive up petrol prices. Here are some of the companies named in the lawsuits. 4....
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...coverage among the country’s 1.4bn population....
...David Furness, director of policy and delivery at the Independent Healthcare Providers Network, an industry body, said: “Nearly nine in 10 companies across the sector feel the market environment for private...
...The attraction is that the insurance premiums provide a cheap source of long-term, stable capital to lend out in the fast-growing and lucrative private credit market, which already has reached $1.7tn in...
...National General implemented rate increases at 10% in 2022 and an additional 12.8% in 2023....
...You might be able to get a new phone on insurance, restore your data from the cloud and have stolen money refunded....
...A new €1.5bn fund, its first targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at...
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