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...The Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers, to no avail, they added....
...“There was always a cultural split between the Swiss side and the Anglo-American side....
...It has made an annualised return of about 15 per cent since 2015 when it bought the company from insurers Zurich Insurance and Aegon. 7IM — named after its seven founders — has grown over the past eight...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
...Each year, the WEF asks 1,500 of its “community” — elite business leaders, academics, politicians and so on — to cite key risks, and then crunches that with Marsh McLennan and Zurich Insurance Group....
...Zurich’s chief executive warned in December that cyber attacks were on their way to becoming “uninsurable” as disruption to society grows....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Ulbrich is a controversial figure, who has claimed that the American billionaire Bill Gates wanted to use vaccination to reduce the population of Germany to 27mn people — a claim that a spokesman for his...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Artificial intelligence is actually quite retro in the ESG world, according to the chief commercial officer at RepRisk, the Zurich-based due diligence company that has been scouring the web for evidence...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Then an insurance company decided the tree’s roots were undermining the foundations of a nearby house....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...Within insurance, its applications go well beyond motor. Zurich’s Chan highlights home insurance, where image analysis is helping insurers to be more proactive in spotting risks coming down the track....
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...And one scoop to start: Credit Suisse provided funding for Greensill Capital to set up its own in-house insurance firm, weeks after the supply-chain finance company’s main insurer refused to renew its policy...
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...Travel spending by big US companies was “well over 50 per cent” of pre-pandemic levels in March, the chief financial officer of American Express told the FT last week....
...Insurance FY Friday British American Tobacco FY preliminary statement Germany, final CPI data India, monthly industrial production figures Russia, key interest rate decision UK, Q4 and December GDP...
...“It was pretty clear that Hank wasn’t going to retire, so if you really want to run your own insurance company, you had to go somewhere else, and they both did,” Cunningham told the FT....
...The company, backed by private equity group TDR Capital, is seeking £845m from MS Amlin, Liberty Mutual Insurance Europe and Zurich....
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