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...Additional reporting by Owen Walker and Ian Smith in London...
...The five insurers and reinsurers belong to the A-Cap group, and together held $11.5bn of assets at year end....
...Ingosstrakh, a Moscow-based insurer, provides coverage that is essential for its shipping clients to enter ports around the world....
...market that surrounds it....
...UK businesses are offloading about £50bn a year in pension liabilities to insurers, after rising interest rates improved pension scheme funding levels and fuelled activity in this market....
...The head of the London Stock Exchange Group said last month that it was a “myth” that valuations were higher in the US and that there were no problems with liquidity in the London market....
...Zuirich, which has a market capitalisation of more than $70bn, was helped by a record operating result in its life business....
...Fortegra, the speciality insurer backed by Warburg Pincus, has scrapped plans for a US initial public offering this week, citing “prevailing market conditions” in a sputtering fundraising market....
...Carmakers are preparing for months of lower sales as they reroute shipments away from Baltimore following the collapse of the Francis Scott Key Bridge, while insurers have warned of multibillion-dollar claims...
...The Belgian group had most recently proposed a cash-and-shares preliminary offer that valued the UK motor insurer at £3.2bn....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...US healthcare stocks featured heavily among Wall Street’s worst performers after the White House’s payment rate to private Medicare plans came in below market expectations....
...The rate typically sets how much insurers can charge on premiums, and directly affects profits....
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...Eiopa also wants insurers to simplify their policies....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...Research commissioned by trade body the London Market Group found that lighter-touch regulations could see almost 700 captive insurers either moved onshore, from jurisdictions such as Guernsey and Bermuda...
...Last month Japanese insurer Mitsui Sumitomo said it would increase its underwriting capacity at Lloyd’s and the wider London market that surrounds it....
...The robust performance from Lloyd’s was echoed in the annual results from Beazley, one of the market’s largest insurers....
...R&Q: Shares in the London-listed insurer plummeted 45 per cent after the Bermuda-based company warned that it expected to “realise a significant pre-tax loss for the year”....
...Direct Line has rejected a preliminary £3.1bn takeover offer from Belgian insurer Ageas, as the UK motor insurer attempts a turnaround after a string of profit warnings hit its share price....
...Events: The Bank of England’s monetary policy committee announces its latest interest rate decision, with markets betting rates will stay unchanged....
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