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...Fidelis will work with Hampden, the largest agency at Lloyd’s allowing wealthy investors to participate in the market by putting their capital against insurance risks....
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...“[The union] campaigns on ‘look at what Ford got’,” Belcher said. “They’ve really been pushing $40 [an hour] and free health insurance.”...
...Insurance also operates on rolling contracts. Right now, auto insurers are perhaps pushing up premiums to make up for higher post-pandemic costs. Both should settle, but it will require patience....
...its surplus, making it look safer than it actually is....
...Don Hankey, a Los Angeles-based subprime auto loan billionaire, has said two of his biggest early-career mistakes were to only do business with honest people and to trust his gut to pick those people out...
...Second, auto-insurance prices — our favourite CPI component from the past year! — has also been more muted in the PCE, the Fed’s preferred inflation gauge....
...Still, the trend towards non-bank lending looks unstoppable....
...We need look no further than the unfolding failure of the US auto sector to compete with new Chinese companies on electric vehicle technology and price, to see the absurdity of describing recent policies...
...AM Best, a rating agency that specialises in insurance, has raised concerns about the quality of assets held by 777 Re, which are invested to support annuity contracts sold by A-Cap and another insurer,...
...It looks like the EU’s Ageing Working Group – who set common discount rates across European statistical agencies – haven’t checked their Bloombergs in a while....
...RS: Noaa is roughly a $7bn a year agency. If I look at the requirements for everything that we do, I could justify probably twice as much in terms of an investment....
...The Big Read Earlier this week, Knight Insurance Group, one of a handful of companies owned by Los Angeles-based subprime auto loan billionaire Don Hankey, put up the $175mn bond for Donald Trump....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...Brazil’s statistics agency, IBGE, is scheduled to release service sector growth numbers for January, and Peru’s state statistics agency, Inei, releases monthly economic growth data....
...,” said Olu Sonola, head of US economic research at Fitch rating agency....
...Perhaps no group of analysts in the world is as influential as the team that produces the International Energy Agency’s reports on the energy sector and its green transition....
...Three international energy agencies provide benchmark forecasts for demand and supply changes for the oil market: the International Energy Agency, America’s Energy Information Administration and Opec....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Highlighting continued caution from regulators, the agency last month delayed an approval decision on donanemab, Eli Lilly’s Alzheimer’s drug....
...In the consumer price index, most of the remaining inflation overshoot is in two categories: auto insurance and shelter....
...Meanwhile, President Joe Biden is expected to join the picket line with the United Auto Workers in the state of Michigan today. It’s a historic move for a sitting US president....
...Republican board directors at the Federal Deposit Insurance Corporation have called on the agency’s chair to recuse himself from an investigation into allegations of widespread sexual harassment and discrimination...
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
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