Hints and tips:
Related Special Reports
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...But one government official with direct knowledge of the matter said: “The Treasury is working towards a September fiscal event and will try to cut national insurance by another 2p. That’s the plan.”...
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...“If there’s a spill, voters will demand to know why their governments didn’t do more.”...
...Lloyds is two years in to a £4bn, five-year investment plan to diversify its income away from mortgages towards income streams less dependent on interest rate changes including wealth management and insurance...
...The Chinese group has about 7,000 workers in the US, plus thousands of former employees. Globally, ByteDance employees own 20 per cent of its shares, according to a company statement last year....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Ageas has 44,000 employees in 13 countries. Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...The group’s hiring strategy got it into hot water last year when it accepted that it, and certain executive officers, had “engaged in unlawful recruitment” of about 30 employees from reinsurance broker Guy...
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...The agency alleged that the transaction could harm competition between Capri and Tapestry over employees, potentially threatening wages and workers’ benefits....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Apple has suffered falling smartphone sales in China, where it faces increased competition from Huawei in the premium segment of the market and a crackdown on the use of its devices by government employees...
...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....
...Having soared in the boom times, the company is now regarded as an industry bellwether....
...Companies warn their employees about trading in their employer’s shares. But, presumably, those admonitions now need to be broadened to a wider universe....
...The US government has said insurance payouts should “ultimately” contribute to the construction costs, but it does not want financing concerns to delay the rebuilding effort....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...The Chinese government has significant control over companies that operate in its jurisdiction, including being able to force them to hand over any national security-related data....
...“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....
International Edition