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...The EU should streamline a defence industry held back by member states’ focus on their own national champions, the head of Italy’s Leonardo has urged — even if it means governments giving up “a bit of national...
...The Metals Company, a Nasdaq-listed, Vancouver-based company at the forefront of efforts to mine the Pacific seabed, has been lobbying US lawmakers for support measures, including federal funds for a proposed...
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...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...
...Rossi, who became chief executive in late 2022, highlighted the group’s investment performance across its funds and the contribution from the life insurance business as the reasons behind the company’s recent...
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...Monday’s report also called for bodies such as the National Infrastructure Commission, an executive agency that provides advice to the government, to be given a “broader remit and be less at the mercy of...
...US regional banks that frankly most Europeans had never heard of but were the size of several continental national champions were dying off as the sharp rise in interest rates exacted a heavy toll....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Most Conservative MPs welcomed the cut in national insurance rate from 10p to 8p, which repeated a 2p cut in the Autumn Statement....
...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....
...The demand has helped push a number of continental European companies to issue sterling debt for the first time in recent months, including German real estate company Vonovia, German truck manufacturer Traton...
...A 2p cut in national insurance would cost about £10bn. The Treasury declined to comment....
...But in terms of the internal battle within the Tory party, the national insurance cut has done its job, in that Rishi Sunak is still prime minister....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
...Some Tory MPs believe income tax should have been cut rather than national insurance. “People don’t really understand national insurance,” complained one....
...The Institute of Directors has requested tax credits for companies that train staff where there are national shortages....
...The boss of one UK business with more than 15,000 employees told the FT his company had given its entire staff private medical cover, in response to the pressures on state healthcare....
...government wanted to “bring national insurance down” in the “next parliament”....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...One Tory MP, when told that Hunt intended to cut national insurance and not income tax, said simply: “Oh no.”...
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