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Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
April 7, 2024
Live news: Fed poll shows concern that inflation could stall rate cuts
Donald Trump’s $175mn bond should be invalidated, New York attorney-general says
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
April 19, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Donald Trump
Trump’s $175mn bond should be invalidated, New York attorney-general says
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
April 19, 2024
LexShipping
Shipping industry: risk of war has yet to be fully priced in Premium content
...But war is not yet being priced into all insurance cover. Open sea lanes with Russia and Ukraine are critical for grain and other commodity supplies....
September 14, 2023
Insurance
Howden agrees £500mn deal to turn start-ups into underwriters
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
October 16, 2023
Special ReportNext Tech Growth Markets
Software companies line up for share of generative AI spoils
...“Insurance companies are bombarded with . . . information and all of it is different,” explains Richard Hartley, Cytora chief executive....
November 6, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
IPOs
Strong gains by newly listed stocks raise hopes of IPO market revival
...Their performance was helped by a few big successes such as insurance group Skyward Specialty, which has risen 125 per cent since listing a year ago, and Rayzebio, which is up 244 per cent, driven by news...
January 10, 2024
FirstFT
FirstFT: Boeing chief admits ‘our mistake’ after 737 Max mishap
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
January 10, 2024
Insurance
Civil unrest overtakes terrorism in insurance claims
...Russia’s invasion of Ukraine has had a serious impact on political-violence insurers, with payouts for destroyed buildings one of the main areas of claims paid by carriers, typically to western companies...
April 9, 2023
Illumina Inc
Carl Icahn says Illumina directors demanded extra insurance for Grail deal
...“It has become a bigger company and this could create the perception that it needs more insurance,” said Kevin Lacroix, an attorney and executive vice-president at RT ProExec, a unit of RT Specialty, an...
March 24, 2023
FT Magazine
Prediction markets can tell the future. Why is the US so afraid of them?
...“Insurance and grain futures were once distrusted concepts that evolved into the important risk-management tools we know today....
November 10, 2023
US Inflation Reduction Act
Rush for US clean energy subsidies boosts brokers and lawyers
...The IRA has created an opportunity for new kinds of insurance products, too, said Jordan Tamchin, tax insurance practice leader at CAC Specialty, a broker....
February 13, 2023
Insurance
Climate litigation threatens to push up companies’ insurance costs
...Liberty Specialty Markets....
August 28, 2022
FT AlphavilleJamie Powell
Tesla Insurance: worth more than Aviva
...Instead, it simply acts as a broker for State National Insurance Corporation, a subsidiary of insurance giant Markel....
August 24, 2021
Coronavirus: Microsoft to require Covid vaccination for all workers at US offices - as it happened
Covid-related losses shrink at Hiscox
...The company also reinstated its first half dividend....
August 3, 2021
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Tesla Inc
Musk moves into insurance to cut premiums for Tesla owners
...Speciality insurance company Markel writes the underlying insurance policies....
September 1, 2019
Sanjeev Gupta
Gupta’s companies missed payments for steel deal, Tata says in lawsuit
...The details of the correspondence emerged in the claim by Tata, which is suing three of Gupta’s companies — Liberty Specialty Steels, Liberty House Group and Speciality Steel UK — over the partial payment...
May 6, 2021
Aon PLC
Aon chief defends decision to cut staff pay
...Aon is one of the world’s biggest insurance brokers, assisting companies to organise their cover....
July 13, 2020
Insurance
Insurance prices rise across the board as coronavirus hits
...Jon Turner, head of insurance broker Gallagher’s UK specialty business, said: “There was a snowball rolling down the hill and coronavirus has added to that as it gathers momentum.”...
May 24, 2020
Special ReportLuxembourg as a Financial Centre
Luxembourg among biggest winners from Brexit
...Specialist insurers, for shipping or property, number FM Global, Tokio Marine, Liberty Specialty Markets and Hiscox....
September 15, 2020
Cyber Security
UK companies risk being uninsured for data losses and IT problems
...Marsh JLT Specialty....
December 24, 2019
City Bulletin
City Bulletin: Unilever outlines plan to unify as UK Plc Premium content
...Then he co-founded Redemption Roasters, a specialty coffee company with five London shops, a wholesaling operation and a prison roastery....
June 11, 2020
Coronavirus
Euro 2020 football tournament set to be postponed
...“The big, global events will have a very comprehensive policy,” said Edel Ryan, of the special risks practice at insurance broker Marsh JLT Specialty....
March 16, 2020
Special ReportRisk Management: Financial Institutions
Ransom attackers set sights on financial sector ‘big game’
...Sarah Stephens, head of cyber, international, at insurance broker Marsh JLT Specialty, says that ransom demands across the board are rising....
March 23, 2020
Travel & leisure industry
Coronavirus risks downward spiral for events industry
...risks practice at insurance broker Marsh JLT Specialty....
March 5, 2020

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