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...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...most of the rise in transportation-services costs: car insurance!...
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...Results at BofA, like its large competitors, were also dragged down by costs tied to last year’s regional banking crisis after the Federal Deposit Insurance Corp imposed another round of fees on the nation...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...The attorney-general’s office added Knight’s management had been “found by federal authorities to have operated affiliated companies within KSIC’s holding company structure in violation of federal law on...
...Motor vehicle insurance is driving the transport services bar. So what? Calculations of OER are dubious (it is imputed based on rents for comparable rental housing)....
...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...
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Deposit Insurance Corporation has warned....
...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...Strong economic data in the US and mounting tensions in the Middle East have pushed back the date when the US Federal Reserve is expected to cut rates....
...The writer is a former chair of the US Federal Deposit Insurance Corporation and a senior adviser to the Systemic Risk Council Thoughtful shoppers distinguish between best price and best value....
...the company in as many years....
...medical insurance-funded services is ‘very positive’ or ‘positive’ so independent providers are upbeat about the[ir] prospects.”...
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...Often, travel insurance is included either as an extra benefit or service through your bank or credit card company as part of a package of services for which you pay a monthly or annual fee....
...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...
...As BofA puts it: Much of the firmness in March came from motor vehicle insurance, which rose 2.6% on the month and 22% y/y, and medical care services, which rose 0.6% on the month....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...But debt markets present a bigger opportunity than equity markets and insurance has proved to be a reliable source of fee-paying permanent capital....
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
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