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...The group this month trimmed its full-year adjusted profit guidance because of increased claims from natural catastrophes such as Hawaii’s wildfires in August....
...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...Before the lawsuit was filed, Corinthia said that “any claims . . . would be without basis and vigorously defended”, adding: “We understand and expect that all exiting Barings employees will meet their enforceable...
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
...With a recent cancer diagnosis, Dixon feared that she would lose her health insurance if she lost her job....
...BCC, which is owned by Japanese group Tokio Marine, has targeted the “commercially unsupportable” fee in its latest filing in Australian court proceedings that bring together a series of insurance claims...
...The company’s Geico auto-insurer, which had struggled to cope with payouts on claims for much of the past two years, showed improvement....
...Throw in retail sales rising 2 per cent in the past three months, Visa card volume growth solid at 9 per cent, rock-bottom unemployment insurance claims, and the New York Fed high-frequency economic data...
...Victims of the fire in Oregon have sought more than $7bn in damages and the company has also been defending itself against claims from California residents....
...UnitedHealthcare said it disagreed with the decision to award damages and noted Envision had asserted many claims that the arbitrators had denied....
...Several readers pointed out the fact that Berkshire has low-cost, embedded leverage in the form of the “float” — premiums paid, but not yet used to pay claims — from its insurance businesses....
...Amgen also said the FTC’s claim that it would do this in the future was “entirely speculative”....
...Under the new rules, which will come into force from April 2025, a person will be able to claim the privileges for four years, down from 15 now....
...Investors were buoyed by the fact that Geico, the company’s auto insurance unit, posted a second consecutive quarterly profit after more than a year of losses....
...The claim is contained in the latest salvo of criticisms levied by the activist investor against the world’s biggest genome sequencing company....
...Adding Horizon would give Amgen excessive leverage in such horse-trading, the FTC claims. Healthcare spending accounts for about a fifth of US economic output....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...His much-vaunted “float” from Berkshire’s insurance segment now totals $165bn....
...Loss adjuster Sedgwick on Monday registered a surge event, meaning that subsidence claims it received from insurers were for two weeks more than 200 per cent above normal levels....
...In September, it floated its life insurance and asset management business, rebranded as Corebridge Financial, raising $1.7bn....
...The deposits will sit with Goldman, which as a licensed bank has access to US government-backed insurance....
...Medicare, the federal US insurance scheme for people aged over 65 and with disabilities, does not cover obesity treatments....
...The “god” claim follows Sompo’s $500mn investment two years ago in Palantir, the US specialist in big data analysis, and its taking of a 22 per cent stake in a Japanese AI start-up, Abeja....
...And one of Berkshire’s crown jewels — the Geico auto insurance unit — suffered its sixth consecutive quarterly underwriting loss....
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