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...I believe that now is the right time for the Board to begin the search for my successor and to do so transparently with our stakeholders.”...
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Google’s traditional search engine would remain free of charge, while ads would continue to appear alongside search results even for subscribers....
...It is continuing to provide cover to ships transiting the Red Sea, for which insurance rates have jumped as the Houthi rebel group has attacked commercial ships....
...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...Funabiki also praised UK regulators, which have come under criticism from lawmakers and lobby groups for being slow in approving new insurance securities, as “very knowledgeable and . . . always willing...
...The cache of shipping files, seen by the Financial Times and the Danish media group Danwatch, reveals a number of Russian vessels travelling from the Baltic are relying on insurance that can be easily voided...
...The search for hot artificial intelligence stocks is under way in China as local companies create their answer to ChatGPT....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...Entain said the search for a permanent chief executive “is ongoing and is progressing well”....
...In practice, this means we have designed new choice screens for users, balancing the interests of various groups, including other search engines....
...The price rises have sparked concern among insurance buyers and consumer groups....
...Admiral posted group pre-tax profits of £443mn for 2023, up almost a quarter on rising car insurance premiums but below analysts’ expectations....
...Plus, European defence groups are worried about their reliance on China for crucial military supplies. I’m Kasia Broussalian and here’s the news you need to start your day....
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...manager and adviser to other insurance groups....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...Sitting down for a briefing at the Marine Dynamics headquarters, our group was told that while our chances of seeing great whites would be virtually zero, we’d instead see bronze whaler sharks....
...Penny James stepped down as chief just over a year ago after the group scrapped its dividend following a period of rampant inflation in motor claims....
...Built for comfort, not speed is a good slogan for annuities — an insurance product offering retirees steady, long-term income....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
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