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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
UK insurance industry
UK car insurance prices fall for first time in two years
...fell as miles driven, and accidents, plummeted....
April 18, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
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
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
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
March 27, 2024
John Gapper
The black box that could ease your car insurance problems
...It would be preferable if I could store my personal data and port it myself between insurers, rather than it being secured (at best) in one company’s database....
January 19, 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
Biden administration warns of lengthy disruption at Baltimore port
...The insurance claim stemming from the accident could reach $1bn-$3bn, Barclays analysts estimated on Wednesday....
March 28, 2024
LexDrones
Drone delivery may be cheap but it doesn’t fly with the public Premium content
...Drone companies cite possible uses in defence, safety, transport, insurance and retail. But healthcare may be the way to win regulatory hearts and minds....
February 11, 2024
The Big Read
The uninsurable world: what climate change is costing homeowners
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
February 13, 2024
Moral Money
Can impact investors help us age? Premium content
...Its platform streamlines access to private programmes and government benefits such as Medicaid, a US government health insurance programme for people on low incomes....
February 5, 2024
LexJapan Airlines Co Ltd
Japan Airlines counts the cost of Tokyo crash Premium content
...Flights in and out of Tokyo’s Haneda airport continue to face cancellation and delays following a fatal accident between a Japan Airlines aircraft and a smaller plane on the runway earlier this week....
January 4, 2024
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...National Indemnity or the BNSF railroad....
February 24, 2024
Aviation accidents and safety
Japan crash transcripts show coastguard plane not cleared for take-off
...The planes collided, causing an accident in which five of the six-member coastguard crew were killed....
January 4, 2024
Your QuestionsLucy Warwick-Ching
Can I claim against my accountant for fees to HMRC?
...In any event, ask whether trustee indemnity insurance is in place, which might offer some reassurance....
April 3, 2024
UK companies
Some pointless charts about the FTSE 100 to celebrate its 40th birthday
...In the chart, Commercial Union is listed as still in the FTSE 100, but General Accident is listed as acquired.— Royal Insurance and Sun Alliance & London Insurance merged, forming the company that would...
January 3, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Hipgnosis Songs Fund
About that knife-edge Hipgnosis continuation vote . . .
...But it does raise questions of competence and also why the cost of providing indemnity insurance to the buyer should be borne by the listed fund and not the manager....
September 29, 2023
Inside BusinessPeggy Hollinger
Space needs a sustainable insurance industry
...This is not only badly needed to help reduce the risk of devastating accidents. It could also help to reassure a volatile space insurance market....
September 27, 2023
US insurance industry
The US insurance storm continues
...It seems to have been caused by the same drivers we’ve been covering and recently discussed with our pals at Unhedged: Repair costs, litigation and accident severity....
August 3, 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
LexUS insurance industry
US insurers/climate change: less reliable models augur poorly for policyholders Premium content
...Hartford Financial Services, which writes far fewer home insurance policies, is down just 5 per cent. Some states limit insurers’ ability to raise premiums....
June 28, 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 Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
February 26, 2024
UK insurance industry
Price of UK car insurance accelerates to all-time high
...Insurers argue significant price rises are essential given the inflation in the value of payouts on accident claims, which reflect the rising costs of labour, car parts and replacement vehicles....
July 18, 2023
Letter
Letter: Russian oil shipments are accident waiting to happen
...Half are owned by Russian and Iranian interests and the other half by shipping interests in India, and the United Arab Emirates and Dubai (“Mystery Mumbai company emerges as big transporter of oil from sanctions-hit...
May 22, 2023
UK insurance industry
Motor insurers endure worst underwriting conditions in a decade
...changes that made it trickier for companies to force prices higher....
June 25, 2023

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