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...“If you look at any index, any platform, you’d expect that [private investor share] to be higher,” Lloyd’s chief executive John Neal told the Financial Times....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The carmaker is developing a cheaper vehicle to go on sale late next year, but has not yet said where the car — which has been dubbed “Model 2” by Tesla observers — will be manufactured....
...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...
...of £2,877....
...Its underwriting profit reached £5.9bn, up from £2.6bn....
...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...
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Property insurance rates, a particular source of pressure, were up another 6 per cent, and overall prices grew 2 per cent....
...Lending can also be structured to mimic the effective price-insurance provided by acquisition authorities....
...Military spending around the world rose almost 7 per cent to a record $2.4tn last year, the steepest annual increase in 15 years, according to research....
...“Replacing [diesel buses] with a cleaner, greener alternative will be key in decarbonising the transport sector and achieving UK net zero targets,” said UKIB chief executive John Flint....
...Drivers paid out about £300mn in premiums on 2.4mn Gap insurance policies in the UK in 2022, according to the latest data....
...It rose nearly 2 per cent in January without seasonal adjustments....
...Proxy advisers “do serious harm” to the competitiveness of UK companies says the AstraZeneca chair (Report, April 16). They do indeed....
...The retailer also said it would inject more than £2.4bn over the next four years into its operations to accelerate growth, funded by internally generated cash flow, and would open more Waitrose stores and...
...The company’s shares were down more than 2 per cent in morning trading in London....
...People just eligible to drive, at 17 years of age, received quotes of £2,877 on the average policy, according to the data....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...Last year, private equity stalwart TPG attempted to jump on the insurance bandwagon by acquiring the credit specialist Angelo Gordon for $2.7bn. For acquirers, the payoff remains uncertain....
...into bank parent companies....
...john.reed@ft.com...
...John Burn-MurdochYeah. So the number that we really care about here is 2.1 births per woman. That’s what we call the replacement rate....
...Many also claim that bonds provide insurance against the volatility of “risky” equities....
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