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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Haymarket also lent $91mn to Jarm Capital, a Delaware company then owned by Josh Wander, co-founder of 777, according to a person familiar with the situation....
...The insurer is due to underwrite about £2bn of business within Lloyd’s this year and then grow that as a central part of owner Mitsui’s five-year strategy to reach £3bn within Lloyd’s and the so-called company...
...The scenario would probably include the collapse of a significant funded reinsurer being used by the life insurer, meaning that the risks are “recaptured” by the primary insurer, the people said....
...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The rate typically sets how much insurers can charge on premiums, and directly affects profits....
...In the UK, insurers have pushed premiums higher in recent years to absorb a sharp rise in payouts....
...Direct Line has rejected a preliminary £3.1bn takeover offer from Belgian insurer Ageas, as the UK motor insurer attempts a turnaround after a string of profit warnings hit its share price....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...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....
...But Brenda Leong, a partner at Luminos Law, said it was “important for companies to understand that [the indemnities] are very narrowly focused and defined”....
...Axa pledged to hike returns to shareholders in coming years through higher dividends and annual share buybacks as the French insurer laid out plans to extend its products to mid-sized companies and sell...
...Court documents show the Switzerland-based company brought a lawsuit last month claiming that insurers “failed to pay” for damage done by underwater explosions that mangled and deformed the Nord Stream 1...
...Eiopa also wants insurers to simplify their policies....
...Higher investment income on fixed-income returns also contributed to the rise in group profits, the company said on Friday....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...Expanding the Tideway approach could “open up more investment by insurers, to other sectors of the economy”, it said....
...This indemnity kicked in last year, and since then money has flowed from Treasury to the Bank....
...More details on what the companies, from Morgan Stanley to Ford, are up to....
...Several companies have also left Florida, which has frequent episodes of flooding and hurricanes; many households are now covered only by the state-backed insurer of last resort....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Lilly’s weight-loss drug tirzepatide significantly reduced sleep apnoea problems in a late-stage clinical trial, the pharmaceutical group said on Wednesday, adding to evidence that could encourage more insurers...
...The struggling UK car insurer knocked back a second and slightly improved offer from Ageas last week....
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