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...He hailed a recovery in the unit, which posted an underwriting profit in 2022 for the first time since its takeover of the group....
...It is expected to issue a report next month that will address its role in the trade and explain how it is funding diversity initiatives....
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...US thunderstorms, floods in New Zealand and other natural catastrophes left the global insurance sector holding an estimated $50bn of losses in the first half of this year, the second worst start to a year...
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
...Some developing countries are frustrated at reluctance by higher income countries to contribute to the fund, first agreed at last year’s UN COP27 climate summit....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...It says we must first appoint a new trustee to pay the money to a beneficiary. In other words, my mother has to appoint herself as trustee to pay herself as a beneficiary....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...Poste Italiane has excess insurance capital and has hedge protection from interest rate volatility....
...Last week, Pool Re celebrated its first 30 years with senior industry figures in the reinforced bunker of the Churchill War Rooms....
...Apollo’s interest in PIC was first reported by Sky News. PIC and CVC declined to comment. Reinet did not immediately respond to a request for comment....
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...The marketplace first took form in a seventeenth century London coffee shop but has called the distinctive building home since 1986....
...The activity of first-time buyers ultimately ripples all the way up to houses worth many millions. In the UK, the lower end of the stock market has been hollowed out....
...His team is also working on other initiatives involving drones, health technology and fintech....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...First, mainland Chinese travellers have returned to Hong Kong. Some of them are picking up insurance products as part of their shopping spree in the city....
...The Sunday Times first reported LGIM’s backing of the proposal. Apple declined further comment....
...The London-based broker, which has grown to 15,000 employees after a spate of acquisitions and hires under founder David Howden, has also agreed its first investment through the new arm, Howden Ventures,...
...Hiscox has created an artificial intelligence model in collaboration with Google that can automate the core underwriting process for specialist risks, hailing it as a first for London’s insurance market....
...His comments came as Lloyd’s reported results for the first half of the year, swinging to a pre-tax profit of £3.9bn from a £1.8bn loss in the same period last year as it benefited from both rising insurance...
...First of all, it’s hard to dispute that Carlyle has done well, selling Jagex for a roughly 80 per cent markup on its purchase price....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
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