Hints and tips:
Related Special Reports
...also come under pressure because US regulators have pushed insurance group A-Cap to cut exposure to the group....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...The company will announce on Monday that it has hired Anant Bhalla, a US-based insurance veteran who will become its chief investment officer and a senior partner, to build its new insurance platform....
...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....
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...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....
...Berkshire’s line-up of managers, however, is to P/C insurance what Cooperstown’s honorees are to baseball.”...
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...The pivot will certainly be a challenge. Although JAB has some exposure to the insurance business already — namely, through a stable of pet insurance companies — it’s limited....
...I tried getting another company, Pure, to pick up my policies. They refused because I had a submitted a claim to another company....
...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....
...The global insurance sector is braced for payouts from the disaster running into the billions, with a large share of that ultimately born by reinsurance groups that had offered liability cover to the Dali...
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...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....
...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...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Investors have long considered South Africa to be somewhat of a “poison pill” for the mining company. The company’s largest investor is state entity Public Investment Corporation....
...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....
...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....
...“The dividend is back [above] 51 cents, plus the Canada payment, so the insurance fund is now receiving the kind of money it identified in the first place when it bought,” said a person close to Ping An....
...In a new season of Tech Tonic, longtime FT China reporter Jame Kynge travels around the world to see how China is pushing towards tech supremacy....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
International Edition