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...Lemonade, whose shares have fallen more than 70 per cent since its first day of trading in New York in 2020, provides a range of insurance including for homes, pets and cars to customers in the US and Europe...
...in years....
...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
...Lloyd’s has also made progress in reviving face-to-face trading. The work-from-home trend made for a listless atmosphere at its City headquarters....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...It is “agnostic of location”, one senior insurance figure in the UK said. “[Private equity owners] will pop up in any jurisdiction, they will chance their arm.”...
...Bilal Mirza, commercial litigation partner in the London office of law firm JMW Solicitors, says whenever you travel it is vital to have appropriate and adequate travel insurance....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare. Premiums from its general insurance division, which includes car insurance, also grew....
...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....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...A 2p cut to national insurance was the main talking point coming into Jeremy Hunt’s Budget speech. He duly delivered that, saying it was a move that would “grow our economy by rewarding work”....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...He said last year’s 2p cut from national insurance had put 94,000 more people in work, filling more than one in 10 vacancies....
...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....
...Chancellor Jeremy Hunt said there were alternatives to a future abolition of national insurance, including combining it with income tax, a day after he announced a further 2p cut to the rate of NI in his...
...Bulk annuity sales, as these deals are known, should pick up from around £28bn in 2022 to £80bn by 2027 say pension consultants LCP — good news, you’d think, for insurance companies that specialise in annuities...
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the fourth quarter of 2023, the 25th consecutive quarter of rate increases....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...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...
...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....
...Best known for arranging large corporate buyouts, Apollo’s business grew quickest in its rapidly expanding insurance operations, which drew the majority of the $32bn in new capital the group raised in the...
...“There were record numbers using insurance for their treatment in 2023.”...
...Your Big Read on the home insurance affordability crisis (February 14) adds to an ever-growing body of evidence about the effects of climate change and the case for swifter, deeper action....
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