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...But ultimately, banks and investors will become more risk-aware — and risk-averse — only by doing what airline pilots do: prepare for future shocks by studying past accidents or near-disasters....
...Chubb said on Friday it planned to take over the “life and non-life insurance companies that house the personal accident, supplemental health and life insurance business” of Cigna in South Korea, Taiwan,...
...This is no accident....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Materials and Financials have usually been the best performing sectors after significant market troughs, in particular Construction Materials, Metals & Mining, Diversified Financials and Insurance....
...“Those three weeks were hell,” says Rimac, and capped “the worst year of my life” as the company lurched from one funding crisis to another....
...And when the pills started to run out, many turned to heroin. In 2016, 42,200 Americans died from an overdose, more than from either car accidents or gun violence....
...Floods, livestock disease, plummeting milk yields and nasty accidents are staples of the script, interwoven with family feuds, triumphs and tragedies....
...We’re going to bring forward reforms to the compensation culture around minor motor accident injuries. This will remove over £1bn from the cost of providing motor insurance....
...Over six months the FT gathered data from more than 30 of the City’s top employers in banking, insurance, asset management and the professional services and interviewed more than two dozen people, including...
...insurance scheme that allows them to have larger insureddeposits, in just the same way as for an ordinary person, there will always be, one day in the year or in their life when they have a much larger...
...Metlife’s move into accident and health insurance comes as US insurers shift their focus away from products such as life assurance, where profits depend on long-term investment returns....
...The flagship investment is in the South African company AllLife, which specialises in life insurance for HIV positive people and diabetics....
...Wallace Stevens, as well as being America’s greatest 20th-century poet, was also a career professional in the insurance industry, rising to become a vice-president of the Hartford Accident and Indemnity...
...Wilful blindness had started life as a legal concept in the nineteenth century. A judge in Regina v....
...It was indisputable that women lived longer than men and that young men had more car accidents, the court’s critics said. To prevent insurance companies taking this into account was silly....
...As an insurance company, AIG was regulated by the US Treasury and by state regulators, so it was far from obvious why Willumstad was Geithner’s problem....
...and Lehman Brothers, and now from the spreading sovereign debt crisis in the eurozone....
...life....
...National Life Insurance – $148m 6) Nuveen Advisory Corp – $124m 7) Genworth Life Insurance – $113m Principal Life Insurance – $97m 9) AIG Annuity Insurance Co – $93m 10) Hartford Life Insurance Co – $91m...
...Consolidated net profit, however, fell 27.5 per cent to Rs6.51bn on losses in the banking group’s life insurance business and UK subsidiary....
...Joined Goldman in 1986 and became a senior analyst for non-life insurance stocks in 1992. Named a managing director in 2002....
...Good long-standing customers will also no longer forfeit their no claims bonus in the event of an accident. Axa also wants to make life less difficult for young drivers....
...A US life assurance company hired her there and moved her to its headquarters, in Hartford, Connecticut, to help build an asset management firm in Japan. ?That?s what I like to do,? she says. ?...
...An annual study of Germans’ fears, conducted by the R+V insurance group since 1991, shows falling purchasing power, economic weakness and unemployment topping their concerns this year, with terrorism in...
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