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...Jeremy Hunt is targeting cutting another 2p off national insurance in a pre-election September mini-Budget that would allow the Conservatives to boast they had halved the rate of the tax in a single year...
...would buy National Amusements, which holds almost 80 per cent of Paramount’s voting shares, for $2bn....
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...“The large capital base of National Indemnity and the broader Berkshire allows the group to take on more investment risk than is typical for insurance companies,” said Bruce Ballentine, senior credit officer...
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...Meanwhile, organisations such as the National Association of Insurance Commissioners (NAIC) and the IMF have raised warning flags about hard-headed financial investors mixing themselves up in the retirement...
...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...
...Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...As English National Opera gets down to its spring season, a cloud of unresolved problems continues to hang over the company....
...Huawei, a national champion and symbol of China’s ambitions in the tech sector amid tensions with the US, was recently slammed by nationalists for naming its chipset “Kirin”, the Japanese pronunciation of...
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...Bain & Company on Thursday....
...The private medical insurance sector is booming, with the number of people covered by health insurance hitting 5.8mn in 2022, according to the latest industry data — the highest level since 2008....
...Blackstone has appointed Philip Sherrill as global head of insurance. He previously worked for Global Atlantic Financial Group as chief strategy officer....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...national government....
...The data showed the BJP was by far the biggest beneficiary of the scheme and companies operating in heavily regulated sectors such as lotteries, construction and mining were among the biggest donors, lending...
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...According to the index, insurance costs were still up more than 80 per cent since the start of 2021....
...“We tend to be providing loans on some of the bigger ticket items,” Gregory said. The company’s average loan value is about £5,500....
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