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...The insurance industry is seen as having enabled slavery given its importance to global shipping....
...The next key test for the insurance market will be the coming January renewals....
...“The [private medical insurance] sector is beginning to look like the less well-off cousin,” she added. Any collective action carries a risk that doctors will fall foul of competition authorities....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...But the insurance industry is certainly pulling in its horns when it comes to cyber risks....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
...A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...from state-owned insurance companies....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Lloyd’s of London has agreed with its landlord Ping An to stay at its One Lime Street headquarters until at least 2035, in a mark of commitment to in-person trading at the heart of the City’s insurance district...
...own insurance cover in an attempt to prevent cancelled orders....
...During the recent annual meeting of China’s rubber-stamp parliament, Yi Gang, former head of the People’s Bank of China, cited the need for an insurance mechanism for presales, which he said would help the...
...Insurance companies are creating demand for healthcare insurance, the fastest-growing category. Shares of AIA are down a tenth in the past year....
...Insurance prices in Europe will have to rise, the chief executive of Lloyd’s of London has warned, as insurers react to the spate of extreme weather events over the summer....
...The legal fallout from the collapse is expected to take years to resolve, with discovery in the Australian insurance proceedings set to stretch into at least next year....
...Hiscox has created an artificial intelligence model in collaboration with Google that can automate the core underwriting process for specialist risks, hailing it as a first for London’s insurance market....
...Moreover, Chinese investors are using insurance to diversify assets. But caution is warranted. This year’s jump in insurance sales reflects the end of pandemic-era travel restrictions....
...The insurance sector is a prime case study. Some — but not all — insurers and reinsurers have yet to include climate change in their stress testing....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
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