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Thames Water
Chinese state banks are lenders to Thames Water’s parent company
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
April 4, 2024
US presidential election 2024
Josh Shapiro warns Joe Biden gas stance could hurt election hopes
...Pennsylvania is the US’s second-largest shale gas-producing state after Texas, accounting for about a fifth of the country’s total output....
April 7, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Nippon Steel
Senators urge White House to investigate Nippon Steel ties to China
...Biden’s move was designed to boost union support in Pennsylvania, a key swing state in November’s presidential election that he narrowly won against Donald Trump in 2020....
April 2, 2024
Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
April 7, 2024
Lloyd's of London Ltd
Lloyd’s of London attracts biggest ‘Names’ syndicate since 1990s
...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
March 28, 2024
War in Ukraine
Russian ‘dark fleet’ lacks disaster insurance, leaks suggest
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
March 15, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
UK insurance industry
MS Amlin sets growth plan after underwriting turnaround
...This part of the insurance industry has been hit by four consecutive years of outsized losses from extreme weather....
March 12, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
March 3, 2024
Trade Secrets
Lie back and think of Pennsylvania Premium content
...This time it’s Joe Biden’s insistence that Pennsylvania-based US Steel being taken over by a company from the US’s close ally Japan is a threat to national security....
March 18, 2024
US-China trade dispute
Joe Biden calls for tripling of tariffs on Chinese steel
...US President Joe Biden is pushing for tariffs to triple on Chinese steel and aluminium, as he seeks to boost union support in the swing state of Pennsylvania....
April 17, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...The economy of Pittsburgh, Pennsylvania, has grown far beyond its steel industry roots....
April 18, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
April 18, 2024
UK insurance industry
UK home insurers hit by surge in weather damage claims
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
April 14, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
Zurich Insurance Group AG
Zurich’s sale of $20bn life insurance book to PE-backed group collapses
...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 —...
January 30, 2024
Chinese society
Millions drop out of China’s state health insurance system
...China’s state health insurance system has lost tens of millions of subscribers, as higher costs have put one of the world’s largest healthcare schemes out of reach for many people already struggling in a...
December 10, 2023
Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
April 7, 2024
US Election Countdown
Biden claims $100mn lead over Trump
...“This is critically important to our state.” The shale gas sector is a big employer in Pennsylvania, which is the second-largest shale gas-producing US state after Texas....
April 9, 2024
US trade
Joe Biden declares opposition to Nippon Steel’s takeover of US Steel
...The move caps months of debate within the White House about how to respond to a deal that has sparked a political backlash in Washington and Pennsylvania, a critical swing state....
March 15, 2024
World33 min
Eskom: how corruption and crime turned the lights off in South Africa | FT Film
...At the same time there is a countervailing force within the ANC, which looked at state companies as Eskom, as primary drivers of the economy, and also the engines to create transformation to increase black...
December 20, 2023
LexLloyd's of London Ltd
A Lloyd’s of London revival will require more nimble regulation Premium content
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
March 22, 2024
US presidential election 2024
The six swing states that will decide the US presidential race
...Pennsylvania: rust-belt rejuvenation Biden makes much of his working-class roots in Scranton, Pennsylvania....
March 5, 2024
UK insurance industry
Admiral signals end of car insurance price surge
...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....
March 7, 2024
Lloyd's of London Ltd
Lloyd’s of London delivers best underwriting performance since 2007
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
March 7, 2024

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