Hints and tips:
Related Special Reports
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...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....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...French energy company TotalEnergies is fighting to defend its claim to be aiming to hit net zero emissions by 2050....
...The Marseille-based transport group, the world’s third biggest container shipping company, will also give up its seat on the board of Air France-KLM....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...They’re either not allowed by insurance policies in their companies or not comfortable,” Smith told reporters....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...But the bosses of Lufthansa and Air France-KLM said their airlines have slashed their direct flights to many major Asian economies because of competition from Gulf airlines, which often offer cheaper fares...
...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...
...Rival Air France-KLM also reported booming demand for travel on Thursday, but its shares fell nearly 10 per cent in morning trading after the company posted a €256mn fourth-quarter loss, which it blamed...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Premiums from its general insurance division, which includes car insurance, also grew....
...The company proposed a dividend of 30 cents per share — its first since the pre-pandemic year of 2019....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...“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....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Nearly half came from its Athene insurance unit....
International Edition