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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....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...development, according to government officials and the property tribunal....
...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Creditors of the two most important companies in the bankrupt Signa property group are pushing to oust management and hand over control to independent auditors, over fears their interests are being sidelined...
...The bill will also extend leaseholders’ “right to manage” their property by hiring or firing property managers, according to a report in The Sunday Times....
...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....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Overall, property insurers paid out £4.9bn to households and businesses last year, with more than half of that to homeowners....
...The former credit rating analyst and his team have worked since 2018, funded by venture capital firm Silverstream, to set up the company and obtain a banking licence....
...Poste Italiane has excess insurance capital and has hedge protection from interest rate volatility....
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...Property insurance rates, a particular source of pressure, were up another 6 per cent, and overall prices grew 2 per cent....
...a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation....
...under pensions, and insurance policies....
...and workplace insurance products such as pensions....
...One sector that has learnt the lessons of workouts past is UK commercial property....
...Reinsurers say that factors including climate change, inflation and property and wealth accumulation in storm-affected areas have forced them to push up their prices....
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...The US commercial property market, the largest in the world, has been sliding....
...This offers customers up to £10,000 to fund resilience measures when they repair their properties. Holiday and caravan parks have been left submerged by days of heavy rainfall....
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