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...About 26mn customers across the UK are served by building societies, compared with 24.5mn back in 2013, according to data from the Building Societies Association....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The International Association of Machinists District 751, which represents 32,000 workers at factories in the US state of Washington, began contract negotiations with Boeing this month....
...Hundreds of anaesthetists sent letters to Bupa on Friday informing the company of their decision to resign from contracts, according to two people familiar with the revolt....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...national government....
...The firm’s ETFs, the first of which launched in 2013, would “probably cannibalise some of the mutual funds”, Johnson said, but mutual funds would remain popular in the retirement channel, she added....
...Britannia is one of 12 mutual insurers that make up the International Group of P&I Clubs, which take the first $10mn of losses from any one incident themselves, share another slice of losses with the wider...
...Mutuals have, however, made a “comeback” since the financial crisis, according to Building Society Association head Robin Fieth....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...More than half of all American households and 116mn of the country’s 333mn residents hold shares in at least one mutual fund. “The mutual fund has democratised investment....
...The Institute of Directors has requested tax credits for companies that train staff where there are national shortages....
...Wayne LaPierre, the gun rights lobbyist who has led the influential National Rifle Association for more than three decades, will step down from his role as chief executive at the end of the month in the...
...The National Association of Realtors has reached a settlement in a series of lawsuits brought by home sellers claiming that the trade group conspired to inflate agents’ commissions, it said Friday, in an...
...By contrast, the average annual policy cost £561 in the third quarter of 2023, a yearly rise of 29 per cent, according to the most recent edition of the Association of British Insurers’ own index, which...
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...The combined force of Babet, Ciaran and Debi created £352mn in claims for damaged homes, according to the Association of British Insurers, which said it was too early to gauge the scale of damage from the...
...The awards event took place at Gotham Hall, New York on December 4, hosted by FT Live in association with research partner RSGI....
...According to the index, insurance costs were still up more than 80 per cent since the start of 2021....
...National General implemented rate increases at 10% in 2022 and an additional 12.8% in 2023....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...The writer is a former chair of the US Federal Deposit Insurance Corporation and a senior adviser to the Systemic Risk Council Thoughtful shoppers distinguish between best price and best value....
...UK chancellor Jeremy Hunt placed a £10bn cut in national insurance at the heart of a Budget designed to chip away at Labour’s polling lead while leaving the door open for more tax reductions before an autumn...
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