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...The EU is concerned that non-western insurance policies may not be effective in the event of an oil spill....
...But firms may be tempted to keep prices higher for longer than they need to be. Regulators should keep a close watch on practices in insurance and reinsurance markets....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...David Furness, director of policy and delivery at the Independent Healthcare Providers Network, an industry body, said: “Nearly nine in 10 companies across the sector feel the market environment for private...
...And despite the threat of tougher enforcement, the policies have never been cheaper, thanks to an increasing number of insurance companies entering the market....
...But it was then hit by zero-Covid policies in its core Hong Kong market, which cut off visitors from mainland China....
...The global insurance sector has about $10bn of exposure to Israel through such political violence and terrorism policies, according to industry estimates....
...Last year saw a record-breaking number of natural catastrophes causing at least $1bn in insurance losses: 37 separate events, according to data from insurance broker Aon....
...While the bulk of Greensill Bank’s €3.5bn deposits were covered by an insurance scheme, the collapse inflicted severe losses on a number of small towns and municipalities who had about €500mn of uninsured...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...“Korean doctors earn so much money because over the past 20 years they have been controlling government policies to maximise their monopoly power,” said Yoon Kim, professor of health policy and management...
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...Their insurance policies also include prevention and early detection services, aiming to reduce claims....
...The FCA later banned price discrimination against loyal motor and home insurance customers....
...There will be serious social problems relating to health insurance, public pensions, education and military manpower.”...
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...Insurers will be asked to provide information about their home insurance policies, premiums, claims and losses at a zip-code level for six years between 2017 and 2022....
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
...The policy was crafted to “seize the opportunity from the development of car exports” and build an industrial cluster bridging car production, shipping and trade, the statement said, while aiming to turn...
...Asked about any impact on underwriter numbers, she said the business was “still hiring and planning to grow”. Hiscox was likely to go live with the model in the second half of 2024, she said....
...Louisiana, which in 2020 was hit by the highest number of storms in any hurricane season on record, has also lost private insurance companies in recent years....
...insurance....
...In a note to clients, RBC Capital Markets analyst Derald Goh said: “The redress relates primarily to pricing in 2022, but also includes some policy renewals in 2023 . . ....
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