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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...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...
...Mergers and acquisitions were “on the table” again as part of the group’s international push, Funabiki told the FT this month. Both large-scale and bolt-on global acquisitions were options, he said....
...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...
...Regulators in Brussels will order the US-based group, which owns brands including Oreo, Cadbury and Toblerone, to stop blocking cross-border trading because of the potential harm to consumers at a time of...
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...relation to the group....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...Aviva chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in the group’s general insurance business....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...Faith in Zhang led the local partner at Jeff Yass’s Susquehanna International Group to invest $80,000 in the parent company of TikTok and follow up with another $2mn months later....
...The group has hailed recent momentum in the US, where it says it has sold record numbers of individual life insurance policies this year while cumulative volume from bulk pension deals since 2015 has passed...
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...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....
...This compares with global air passenger volumes, which are only likely to exceed pre-pandemic levels this year, according to trade group Airports Council International....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
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...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
...“Young collector groups assume that new collectors are young, but they could easily be in their fifties or sixties,” says the art adviser Josh Baer, who writes The Baer Faxt, a popular newsletter for the...
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
...Private capital groups such as Apollo, KKR and Brookfield have swept into the life insurance sector since the financial crisis, buying insurers and reinsurers or striking asset-management partnerships....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
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