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...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...The criticism comes as payouts by water companies have become a politically controversial issue amid public outcry over sewage pollution into coastal waters, rivers and lakes....
...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...
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...As insurance companies recover from recent losses, and inflation falls, there should be scope for more competitive pricing....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...The company had to comply with the Code after last year saying it had rejected a takeover offer from Aim-quoted Harland & Wolff. The Lakes Distillery, a Cumbria-based spirits maker....
...Keir Starmer’s team is helped by the silliest thing Hunt did in his Budget: cutting national insurance and meeting his fiscal rules only by pencilling in his own implausibly sharp cuts to public expenditure...
...The expense ratio — 34.4 per cent last year — is likely to fall by two percentage points over the next few years, says S&P....
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...Silver Lake’s money helps Viavi do a deal that looks a good strategic fit. The private equity group, meanwhile, gets a downside-protected route into a company’s share capital....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Keese said he expected the cost of insurance to “level out” over the next four to five years rather than fall, arguing that reinsurers had failed to earn their cost of capital in recent years....
...chief says EU should consider scrapping bonus cap (FT) LME wins High Court ruling over cancelled nickel trades (FT) Golden Goose: polished valuation aims to capitalise on derelict chic (FT) MPs call for national...
...Silver Lake agreed to buy the company at a $13bn valuation alongside executives of Endeavor and new investors, including billionaire Michael Dell’s family office....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...A hard market, in industry parlance, is a period of rising prices where supply falls significantly behind demand....
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...Monday’s report also called for bodies such as the National Infrastructure Commission, an executive agency that provides advice to the government, to be given a “broader remit and be less at the mercy of...
...According to the Office for National Statistics, the proportion of UK-listed shares held by insurance and pension funds has fallen since 1997 when the two sectors held a combined 45.7 per cent of UK quoted...
...Hong Kong-listed Chinese technology shares fell on Thursday after a US Senate committee approved a national security bill, with medical devices maker WuXi AppTec opening down more than 14 per cent....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...Land continues to rise and fall after losing its ice-age burden....
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