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Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
March 28, 2024
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
March 27, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Maritime accidents and safety
Search suspended for missing people in Baltimore bridge collapse
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
March 27, 2024
The Weekend Essay
What I learnt from three banking crises
...So, too, last month: although deposit insurance was supposed to cover only the first $250,000 of SVB and Signature accounts, the government protected them all, at a cost of more than $20bn....
April 6, 2023
Cruise LLC
GM’s Cruise driverless vehicles banned from California roads
...California regulators have barred Cruise’s autonomous vehicles from the state’s roads and accused the company of misrepresenting details about an accident, dealing a sharp setback for the General Motors-owned...
October 24, 2023
Driverless vehicles
China challenges the west for driverless car supremacy
...Beijing is developing nationwide rules to clarify which companies will be liable in the case of an accident....
January 31, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Transcript
What’s going on with car insurance?
...And it’s this idea that in an inflationary period, companies use inflation, in a general inflationary environment, as a co-ordinating mechanism, as a way to all raise prices together....
June 22, 2023
US & Canadian companies20 min
Citigroup and the 'financial supermarket' experiment | FT Film
...And by 2003 and 2004, Sandy Weill, he's out. BROOKE MASTER: Turned out that insurance, at least in America, doesn't sit all that well with banking. This is not true globally....
November 27, 2023
ExplainerEnergy crisis
How the G7’s oil price cap blocked the Bosphorus
...Ünal Baylan, Turkey’s maritime director-general, wrote to shipowners and insurers on November 16 requesting that maritime protection and indemnity providers, known as P&I clubs, provide additional letters...
December 6, 2022
FT Magazine
The reopening of the American mind
...And then grab the rope, and move your foot a little further to the left.” Me: “I’m not sure I have insurance for this.” Blackwood begins to scale the cliff to my rescue....
October 26, 2023
US healthcare reform
US dental benefits: on the cusp of a historic change Premium content
...General healthcare coverage in America is woeful relative to other industrialised countries. But the standard of dental care even worse....
October 10, 2021
News in-depthSupply chains
Gloomy picture for paint highlights depth of supply chain crisis
...Rising paint prices are “a problem for us when we’re repairing so many cars”, said Martin Milliner, claims director at LV= General Insurance, one of the UK’s largest motor insurers....
November 8, 2021
FT Magazine
The fight to overcome vaccine hesitancy among African Americans
...The idea was to sell her educational output to healthcare and insurance companies, but venture capital funds would not back her — they saw her work as worthy but unprofitable....
February 24, 2021
Zurich Insurance Group AG
Zurich points to more price rises for US businesses
...In November the company unveiled a new set of targets, which included 5 per cent earnings growth a year between 2020 and 2022....
February 13, 2020
Equities
Markets Now - Wednesday 15th April 2020
...Looking at recovered 2021 PE still delivers relatively limited upside v recent history for most names. And RBC are sellers of Rightmove....
April 15, 2020
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Special ReportThe Future of the Car
Is the future of car insurance at risk from fewer accidents?
...“The parallel is aviation,” says Lex Baugh, chief executive of North America general insurance at AIG....
June 4, 2019
Coronavirus: free to read
Inside Trump’s coronavirus meltdown | Free to read
...As long as the second V began only after November, Trump might just be re-elected. “From Trump’s point of view, there is no choice,” says Charlie Black, a senior Republican consultant and lobbyist....
May 14, 2020
World
Health threat to migrant workers revealed in new study
...North America and Europe are the two biggest destinations for migrants seeking work....
May 21, 2019
Energy Source
The week in energy: Big Oil faces the energy transition
...They have also said they will oppose the appointment of all of the company’s board. Pressure on oil companies from investors over climate risk has in general been stronger in Europe than in the US....
May 25, 2019
Special ReportEurope’s Road to Growth
How Mate Rimac is supercharging electric cars
...Rimac prepared a 29-page presentation, detailing how and why the accident happened....
November 21, 2018
Due Diligence
Back to the future: Japan dealmaking is in vogue again Premium content
...HNA, Dalian Wanda and Anbang Insurance were struggling to control their high levels of debt. They also were coming under the scrutiny of Chinese regulators for their opulent overseas spending....
September 18, 2018
FT Magazine
Rehab USA: how should America treat its opioid victims?
...The marketing power of drug companies and laissez-faire attitude of doctors has fuelled one of the worst public-health epidemics of modern times, which ended up proving ruinous for De La Rosa and millions...
June 21, 2018
News in-depthFT Alphaville
Cross-currency basis, RIP?
...For the handful of Alphaville readers who don’t remember one of the most exciting stories of 2016, the picture shows the widening difference between the cost of borrowing dollars in America and the cost...
October 11, 2017
Disrupters
FT Top 10 legal innovators for North America
..., “perhaps by accident, hard work or luck”, at the forefront of electronic discovery in the US....
December 12, 2017
Cyber Security
Global insurers worry about cyber crime exposure
...In one case, Travelers Indemnity, an insurance company, asked a federal court in 2014 to rule that a general liability policy it sold to PF Chang did not cover a breach of customer data at the US Chinese...
July 6, 2017

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