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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...They added that a gas pipeline in the Baltic Sea that was sabotaged earlier this month was another concern and “it would be good to have an insurance policy”....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Large energy companies can also use the courts....
...“This is a wake-up call for the financial industry and the insurance industry,” executive director of the European Environment Agency Leena Ylä-Mononen told the Financial Times....
...group of Swiss women, aged mostly in their 70s, who argued that Switzerland had failed to protect citizens from the “serious adverse effects of climate change on lives, health, wellbeing and quality of life...
...first International Atomic Energy Agency summit in Brussels on Thursday, originally planned to close its two newest reactors in 2025 but signed a deal in December with the operator Engie to extend their life...
...“The judgment we are seeking would in effect be the same as legally binding regional treaty . . . that would compel them to rapidly reduce their emissions but would also force them to compel major companies...
...“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....
...Production, The Good Company Represents...
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...In a joint letter to the FT, the leaders of Germany, the Netherlands, Denmark, Estonia and the Czech Republic describe the need to speed up arms supplies as a “question of life and death” for the Ukrainian...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...The company was founded by Charles Hancock, in Bond Street, in 1849, making silverware and diamond jewellery — at a time when London was a major centre for diamond cutting....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...“Imagine what would happen . . . with additional insurance.”...
...But Kuvare has established itself as a canny specialist in the bespoke assets that life insurers invest in. Kuvare joins a growing trend....
...It cited a study commissioned by the European Paper Packaging Alliance that found reusable packaging in the fast-food sector would consume 64 per cent more freshwater over its life cycle than single-use...
...According to the Netherlands, yes, write Andy Bounds and Alice Hancock....
...increase this year, according to industry forecasts, even as politicians and consumer groups voice concern about the impact of rising costs on the millions of households reliant on a car for work and family life...
...Rossi, who became chief executive in late 2022, highlighted the group’s investment performance across its funds and the contribution from the life insurance business as the reasons behind the company’s recent...
...Matt Hancock (Note: As of my last update in April 2023, Matt Hancock has not served as prime minister, but he is included here for completeness in case of any confusion or future relevance.)”...
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