Hints and tips:
Related Special Reports
...He was most recently chief executive of American Equity Investment Life, which was just acquired by Brookfield for $4bn....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...It is the second big transaction by a private capital-backed firm to take on long-term life insurance business that has failed in recent months....
...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...
...“You can take a moss that’s been dry for many many years and rehydrate it, and it will come to life.”...
...“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 big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...But towards the end of last year, Kit Malthouse MP, who co-chairs the all-party parliamentary group for choice at the end of life, said that “sentiment in parliament has moved significantly” since 2015,...
...Meanwhile, organisations such as the National Association of Insurance Commissioners (NAIC) and the IMF have raised warning flags about hard-headed financial investors mixing themselves up in the retirement...
...Buffett takes a firmly hands-off approach to Berkshire’s businesses, but makes an exception for insurance, which spans Geico, the National Indemnity Company, and vast reinsurance operations, including Gen...
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...More recently, he collaborated with greenhouse company Alitex and volunteers to repurpose an ex-display greenhouse and install it at Holland Park School, where Grow2Know is turning a previously unused space...
...But a less-followed risk is adding to unease at companies offering life and health insurance: scientists’ warnings, and research findings, that a warming climate is causing an increasing number of excess...
...The private medical insurance sector is booming, with the number of people covered by health insurance hitting 5.8mn in 2022, according to the latest industry data — the highest level since 2008....
...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 —...
...This is a condensed version of what Greg Jackson, founder of one of the UK’s most interesting companies, Octopus Energy, told an FT climate conference the other week....
...Importantly, FCI I never participated in the origination of any life insurance policy....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...“Our whole business and life cycle planning is much more dynamic now.”...
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
International Edition