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...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....
...Lloyd’s, which dates back to a 17th-century London coffee shop, apologised three years ago for its role in the trade, whereby insurance offered in the market underpinned the trade of enslaved people, who...
...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....
...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 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....
...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....
...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....
...For most workplace pensions that allow direct contributions from salaries, extra payments are also exempt from national insurance premiums, Little points out....
...In its mid-year report, PwC found that volumes for US health services deals were 4 per cent lower than in 2022....
...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....
...Regional banks are essential for a competitive banking system, particularly for mid-sized business clients....
...Small and mid-capitalisation stocks have predictably fared worse, casualties of consolidation among brokers and the rise of index funds....
...deposit insurance fund had to cover, from the bank failures last year....
...Axa pledged to hike returns to shareholders in coming years through higher dividends and annual share buybacks as the French insurer laid out plans to extend its products to mid-sized companies and sell...
...They include antique tiaras — which remain very popular and an item Hancocks once made — and rare Victorian, Edwardian and mid-century jewellery....
...But the data indicated that the banks on the list were either small or mid-sized lenders....
...Take a break from the news A quarter of a century after their relationship ended, food writer Tim Hayward and his ex-wife went to dinner in London....
...Lloyd’s said the agreement with Chinese insurance company Ping An, which has owned the building for a decade, will allow it to continue its renovation of workspaces and make further refurbishments, including...
...Shares in the bank were flat by mid-morning on Thursday....
...century....
...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....
...apocryphal insurance policy of chastity....
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