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...In December it agreed a $13bn acquisition of US broker NFP, expanding the business it does with mid-sized companies....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
...With a fortune originally made in banking in the mid-19th century, the aggressive, buccaneering approach of the early buyout groups was anathema to their way of doing business: one focused on good corporate...
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...“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....
...Under the old pricing system, which had not been updated for half a century, premiums rose on average 8 per cent annually....
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
...into bank parent companies....
...Also in the group is Manuel Sánchez Rodriguez, a former top executive at Spanish bank BBVA and a board member, since 2018, of the US government-backed mortgage insurance company Fannie Mae....
...The Isles of Scilly Steamship Company, which since the mid-19th century has operated a Penzance-to-Scilly ferry....
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...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....
...Bridges have suffered from a mix of intensifying use, the increasing age of assets constructed during the US’s mid-20th century economic boom, and lack of funding for repairs....
...the company in as many years....
...More affordable is Britannia Metal – a pewter alloy that’s manufactured rather than traditionally cast, which became prevalent during the mid-1800s....
...The news will also come as a setback to attempts by Lloyd’s to bring more investors into the insurance market, which is a centuries-old hub for specialist commercial insurance and reinsurance....
...Another feature of the council’s mid-century heyday was its kite-shaped, black-and-white swing tag reading “selected for the DESIGN CENTRE LONDON” to products in its Design Index....
...The first horse owner in half a century to notch consecutive wins at Britain’s Grand National, will not be unseated by Boeing’s new handicap....
...Tents surround the building, busy with people cooking meals, washing pans, settling down in the warm mid-June air. Before we leave, we write in the book....
...In its mid-year report, PwC found that volumes for US health services deals were 4 per cent lower than in 2022....
...For most workplace pensions that allow direct contributions from salaries, extra payments are also exempt from national insurance premiums, Little points out....
...Regional banks are essential for a competitive banking system, particularly for mid-sized business clients....
...The Quoted Companies Alliance, based on a survey of 220 companies, said this had resulted in a huge jump in audit costs for small- and mid-cap companies....
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