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...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Bulk annuity sales, as these deals are known, should pick up from around £28bn in 2022 to £80bn by 2027 say pension consultants LCP — good news, you’d think, for insurance companies that specialise in annuities...
...The act has resulted in tougher reimbursement talks between medical groups and the insurance companies that pay the bills, and meant cash flows have become harder to predict, or even dried up in some cases...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Climate change means your home insurance premiums are probably going up. So are reinsurers’ returns....
...Robinson and other experts have likened the probe to the payment protection insurance scandal, which dates back to the 1990s when banks mis-sold insurance to millions of customers, leading banks to later...
...The South Korean government has given striking trainee doctors until Thursday to end a mass walkout or face suspension and prosecution, as tensions mount over a stand-off that has exposed the country’s demographic...
...US institutions with private fund investments in China are struggling to get their cash out of the country as the regulatory environment tightens and geopolitical tensions mount....
...But analysts and investors argue that the only way UBS will be able to mount a credible challenge in the US wealth market long term is through acquisitions....
...Brokers recommend people approaching retirement with company PMI schemes, start exploring individual policies while they are still in good health....
...The letter says that: “Manufacturers and users of PFAS chemicals are exposed to deep liability and insurance risks, reminiscent of those historically linked to asbestos.”...
...measures against individual companies and operators....
...Those earnings were buoyed by growth in the firms’ overall assets, particularly credit and insurance-based investment operations, which benefited from fast-rising interest rates....
...Other jurisdictions have stolen a march on the UK in developing bespoke regulatory frameworks for captive insurance companies: entities set up within a group of companies to effectively self-insure risks...
...get insurance coverage through an employer....
...Yet in the fourth quarter of 1974, fearful insurance companies, pension funds, investment trusts and unit trusts together sold more shares than they bought for the first and last time during the decade....
...“As a result, much more money is being traded between insurance companies and airlines. These problems will mount up and affect people — we hope there will be kitchen conversations about that.”...
...Aon, the insurance broker, added: “These latest allegations are extremely concerning and we are following the situation very closely.”...
...Ideally, the UK and EU would similarly unite for a common cause to mount their own challenge to the Americans. I’m just spitballing here, but one idea might be to form a union of sorts....
...Pharmacists in Illinois have been allowed to dispense Narcan without a doctor’s prescription since 2017, she tells me, and many insurance companies cover the cost....
...As evidence mounts that global economic activity is slowing, economists, financial markets and most central banks have become convinced that no further rate increases will be needed....
...“It’s a commercial decision,” said one senior manager of a midsized insurance company....
...by the Federal Deposit Insurance Corporation....
...But as environmental pressures mount, some investors are beginning to take the technology more seriously....
...As geopolitical tensions mount, China’s potential to weaponise its control of resources, as Russia has done, puts western economies on edge....
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