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...Helen Thomas will be back next week. Have a great week, Nathalie ThomasLex writer nathalie.thomas@ft.com...
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...Confused.com, on whose platform the index of quotes is based, said it was a “bleak time for drivers and their car insurance”....
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...Chief executive Thomas Buberl told the Financial Times the group would ratchet up sales to businesses with fewer than 1,000 employees, pushing traditional products such as property insurance and specialist...
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...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...“While we’re seeing new makes and models on our roads now, these cars typically have more advanced technology or parts,” said Louise Thomas, a motor insurance analyst at Confused.com....
...high, and that it amounts to a federal subsidy for banking companies....
...The company did not respond to a request for comment for this article....
...The company’s short-term Treasury portfolio and cash generated north of $115mn in interest income for Berkshire’s insurance unit every week last year — or some $6.1bn —, eclipsing the $5.5bn it earned in...
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...helen.thomas@ft.com...
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...Banks would be knocking on central bank doors to fend off the impact of insurance company defaults....
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...But this company has a strong foundation, strong liquidity and a strong deposit base, which gives me confidence for our path forward,” DiNello told analysts....
...The standards for allocating this special assessment among banks and holding companies were written to give broad discretion to the FDIC....
...Things I enjoyed this week For those readers who want a broader view of the state of the UK rail network, I did like this column by Helen Thomas....
...This was offset by strong trading in property and casualty insurance, which helped the company generate €4.1bn in underlying earnings....
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