Hints and tips:
Related Special Reports
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...The market has been trying to make its reporting and financial frameworks more user-friendly to attract individual investors....
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The cache of shipping files, seen by the Financial Times and the Danish media group Danwatch, reveals a number of Russian vessels travelling from the Baltic are relying on insurance that can be easily voided...
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...We are now in earnings season proper, and a host of financial companies report. Keep an eye out for Goldman Sachs, Bank of America, Blackstone and American Express to name a few....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...Monday UK: Deloitte releases the results of its survey of chief financial officers of large companies for the first part of 2024, gauging the executives’ outlooks and priorities for the year ahead Switzerland...
...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...“Some insurers were quite heavily hit by large losses, which speaks for our risk-taking,” said Lloyd’s chief financial officer Burkhard Keese....
...Premiums from its general insurance division, which includes car insurance, also grew....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...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...
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
...Speaking to the Financial Times, David Howden, founder and chief executive of insurance and reinsurance broker Howden, predicted the price of business cover would flatten this year as the supply of insurance...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
International Edition