Hints and tips:
Related Special Reports
...Brown sent the Horizon report to Biden, and his position was backed by two other industrial state senators — Ohio Republican JD Vance and Pennsylvania Democrat Bob Casey — in comments to the FT....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
...But state-backed insurers of last resort, which have expanded as private insurers pull back from some areas, are also big buyers of reinsurance....
...It is the second big transaction by a private capital-backed firm to take on long-term life insurance business that has failed in recent months....
...Moreno defeated Matt Dolan, a more moderate state legislator who had received the endorsement of Mike DeWine, the state’s popular Republican governor....
...At full capacity the $600mn plant will employ more than 1,000 workers, giving a jolt to the economy of the rural community on the fringes of Columbus, the Ohio state capital....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...In 2006, New York State resident Martha Barotz was paid $150,000 upfront by Life Accumulation Trust III (LATIII), which took out insurance that would pay out a $5mn lump sum on her death....
...Hielkema said any pan-EU scheme would need to be carefully calibrated to make sure individual states are pulling their weight on adaptation measures, among other considerations....
...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...
...Geico, meanwhile, has ceded market share in recent years, with analysts saying it has been slower than some rivals such as Ohio-based Progressive to adopt technology that is changing how motor insurance...
...New York-listed Chubb will pay $350mn to the US state of Maryland, as insurers start to cover the collapse of Baltimore’s Key Bridge in March....
...But a less-followed risk is adding to unease at companies offering life and health insurance: scientists’ warnings, and research findings, that a warming climate is causing an increasing number of excess...
...In addition to taking on life insurance premiums through reinsurance agreements with primary insurers, it plans to offer outsourced investment management to insurers looking for expertise in private assets...
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...The state of Ohio offered Intel some $2bn in incentives for the project, including a 30-year tax break....
...While it has not been widely approved by the FDA, it is legal for doctors, psychiatrists or in some states nurse practitioners to prescribe the drug “off label” for these new purposes....
International Edition