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...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....
...by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn through [its cash] and go out of business”....
...In the three months from December, Kpler, a data analytics company, identified 191 crude tanker voyages leaving Russia’s Baltic ports....
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...Garnier, who has been spearheading a turnaround of the company, said the group had identified around a third of its Castorama stores as the lowest-performing as part of a push to right-size and modernise...
...Mitsui Sumitomo Insurance also recently announced expansion plans for its Lloyd’s insurer. But there is a fragility to this recent success....
...“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....
...Technology, media and telecoms companies made up almost a third of the entire $174bn triple C index as of February 15, while healthcare made up more than a tenth....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...KPMG also failed to properly audit journal entries across a number of subsidiary companies, the FRC said. KPMG was appointed as auditor of M&C Saatchi in 2012 and resigned in September 2019....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Canadian insurance group Manulife has announced a C$13bn ($9.6bn) reinsurance deal with KKR’s Global Atlantic, freeing up C$1.2bn of capital that the Toronto-based insurer intends to return to investors...
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...& officers insurance, where prices have come off....
...S&C lawyers had assisted the company in the chaotic days leading up to its bankruptcy filing — including preparing its petition and appointing Ray, a restructuring expert its lawyers knew well, as its new...
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...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....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Built for comfort, not speed is a good slogan for annuities — an insurance product offering retirees steady, long-term income....
...He predicted that more would come from areas such as insurance-linked securities — where investors put their capital against insurance risks — leading to a “levelling of pricing”....
...The fact reminds us of three simple, but inescapable, truths: a) the global economy is a complex network, perhaps too complex for populist proclamations; b) economics is to a large extent politics, for better...
...No mention of the B-word, then....
...Nearest subway stop is Houston Street Station on the 1 line, but West 4th St (A, C, E, B, D and F lines) is just a short walk away. How much? $20 per person....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
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