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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....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance 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....
...by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn through [its cash] and go out of business”....
...Rising insurance prices were “a reflection of the risks, and the risks are going up, and they are going up quickly. It’s a call for action”, Hielkema added....
...Fuad Mohammed Abubakar, head of the Ghana Cocoa Marketing Company, said he was not worried. “Farmers in Ecuador are producing near-optimal yield levels,” he said....
...Shopify can typically charge a relatively high transaction fee of 2-3 per cent to small and medium-sized merchants, notes Harshita Rawat, a payments analyst at research company Bernstein — and she says that...
...As the national weather service predicts warmer and wetter winters, farmers have warned that the UK’s food security — and their own profitability — is under threat....
...As insurance companies recover from recent losses, and inflation falls, there should be scope for more competitive pricing....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Squeezing smaller companies out of the market will hurt African economies....
...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...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...Lloyd’s of London has delivered its best underwriting performance since 2007 and signalled that commercial insurance prices are likely to stay high in the coming years....
...Swipe fees — otherwise known as interchange fees — have long been a point of contention between merchants and credit card companies....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...’s picks of the week If companies can use artificial intelligence rather than advertising agencies to market their brands, what’s the point of ad executives who ply their trade by selling creative concepts...
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...The large increase in imports has exacerbated farmers’ protests over soaring costs and regulation....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
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