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...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....
...US insurance group A-Cap said last month it would attempt to raise capital and take back control of assets that it had ceded to 777 Re after downgrades of the reinsurer, putting pressure on the funding structure...
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...The sale was a critical step in reducing the group’s exposure to interest rates, Zurich said at the time....
...What to watch today EU foreign affairs and defence ministers meet in Luxembourg, from 8.00am. German Chancellor Olaf Scholz hosts Norway’s Prime Minister Jonas Gahr Støre in Hanover....
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...James Daley, managing director of Fairer Finance, a consumer group that rates and reviews financial services providers, said the growth in private health insurance was likely to continue, although he described...
...Despite Hanover’s relative contribution to the group, we also considered external market factors; and identified risk factors of fraud (as specified in ISA (UK) 240 The auditor’s responsibilities relating...
...It certainly developed differently than we thought, but when we look at the way in which we’re operating, the strong gross margin performance coupled with our inventories being in great shape, it’s evidence...
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
...US insurance group A-Cap, a lender to 777, late last month said it would attempt to raise $400mn in fresh capital and take back control of assets ceded to 777 Re because of credit rating downgrades....
...But as DD’s Antoine Gara reports in this deep dive, the industry is dominated by a small group of dealmakers who cut their teeth competing on arcane deals in the US in the early and mid-2000s when the asset...
...Stephen Kennedy, director at pricing specialists Pearson Ham Group, said there was “heightened anticipation of the potential ramifications of Storm Henk on UK home insurance premiums”....
...The victim — who denied in court that he was a drug dealer and member of the Top Enders gang — was left with life-threatening injuries after he was set on by a group of men who struck him with weapons including...
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...Even if you’re still wedded to CPI, it should come down. OER tends to lag private indicators of rent — see the chart below. Insurance also operates on rolling contracts....
...While the group has invested $3.5bn in more than 350 Chinese start-ups, it somehow hasn’t come under fire in Washington yet, even while rivals like Sequoia Capital and GGV Capital have faced scrutiny....
...“If you’re over 50, you’re probably OK.” Beneficiaries will include “intelligent” blue-collar workers, such as gardeners, plumbers, carpenters and others who can use AI to manage projects....
...Such storms, particularly in the US and Italy, have left in their wake $60bn of insured damage, more than double the previous 10-year average, according to reinsurance group Swiss Re’s research arm....
...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...
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