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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Russwurm said business supported the green transition, but ministers had failed to explain to companies “what happens when the wind doesn’t blow and the sun doesn’t shine”....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance company, according to people familiar with the matter....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...Other health insurance companies, such as Humana, have also warned of rising medical costs....
...Cigna is in talks to merge with Humana for a deal that would create a US health insurance giant with a combined enterprise value of about $140bn, said people briefed on the matter....
...CVS Health has cut its full-year earnings guidance as its insurance unit faces rising medical costs, following similar warnings from rivals Humana and UnitedHealth last month....
...UK insurers have called for new public-private partnerships to help funnel a promised £100bn of investment unlocked by post-Brexit regulatory reforms into green infrastructure projects....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...The chief executive of one of the world’s biggest privately owned insurance brokerages has said commercial insurance prices should level off this year, describing “green shoots” for clients that have been...
...Miranda Green Yeah. Well, absolute to pick up on this idea of pensioners not benefiting from the national insurance cut. Claer Barrett Quite radical for the conservatives. Miranda Green Yes....
...The sector faces political and ESG challenges Pension funds, insurance companies and other investors in private equity groups are pressing them to invest in the energy transition amid heightened environmental...
...Investment: The CBI and BCC want more government investment in green industries, raising spending on green targets from £10bn a year to £50bn a year by 2030....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...T V Narendran, the Tata Steel chief executive, said last week he did not rule out such a plant, if conditions were right....
...America’s home insurance crisis: Rana Foroohar uses her own experience to explain the difficulties of finding affordable home insurance in the US....
...Some analysts argue that commitments from big insurers such as Aviva to insure EVs as part of their green transition strategy will ensure there will be enough cover available in the market in the long term...
...What comes first — tax cuts or green investment?”...
...“It’s the freeport tax breaks that will make the difference, that’s the clear feedback we’ve been getting from both UK and international companies.”...
...At Humana, the figure is expected to come in at the high end of its guidance of 86.3 per cent to 87.3 per cent this year. A higher number means the company makes less money....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...“Society, including insurance companies, has globally not been strict enough on prevention,” says Frédéric de Courtois, deputy chief executive of Axa....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Assets equivalent to the size of the European-listed sector could come to market this year as private owners, including pension and insurance funds, bail out of commercial property....
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