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...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...Brindle’s partnership underwrites risks for New York-listed Fidelis Insurance, which floated last year and has a $2bn market value....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create high-yielding 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....
...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....
...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....
...In March, the boss of Admiral said the sector was in a “different situation” and that the FTSE 100 company had even put through a “small price decrease” recently to win business....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...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...
...It was a busy, buzzy Friday night at Notting Hill’s Coronet Theatre, where the 30-artist, 16-day Taiwan Festival was entering its second week with Taipei’s Hung Dance company....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...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....
...Mitsui Sumitomo Insurance also recently announced expansion plans for its Lloyd’s insurer. But there is a fragility to this recent success....
...& officers insurance, where prices have come off....
...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....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...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”....
...But in a statement early on Thursday, the company expressed regret over the tragedy....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
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