Hints and tips:
Related Special Reports
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Case also highlighted artificial intelligence as a “very, very substantial” future risk for global business, as well as an opportunity for companies to innovate....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...High spending on customer acquisition has been a concern for investors in Lemonade and other insurance start-ups....
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Rising insurance prices were “a reflection of the risks, and the risks are going up, and they are going up quickly. It’s a call for action”, Hielkema added....
...Motorists were quoted £941 on average for an annual insurance policy between January and March, according to a widely watched index of price comparison site quotes published by Confused.com and insurance...
...This should provide a solid backdrop for earnings reports in the coming days. But the questions about AI are only getting louder. richard.waters@ft.com...
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...In neighbouring Norway, a defence company was unable initially to expand its main factory; a data centre for TikTok, the Chinese-owned social media platform, had taken the region’s remaining power surplus...
...We just invest in America in great companies for the long term. It won’t have any implications for how we allocate our capital....
...a particular challenge for underwriters....
...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....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...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....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...“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....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...It set a new 13 per cent target for this metric to be achieved in 2026....
...For would-be chip rivals, this week’s event was a daunting reminder of the speed at which Nvidia is moving and the sheer range of complementary technologies it is building. richard.waters@ft.com...
International Edition