Hints and tips:
Related Special Reports
...Alongside failing to properly communicate the departure of senior personnel, at least one of the consumer funds has delivered disappointing returns, one investor told the FT....
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
...Names were the historical basis of the Lloyd’s market, but also at the centre of one of its biggest controversies....
...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...One person familiar with the situation said the commerce department had notified the companies that would be affected, but did not provide details....
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
...The move would cement the group as one of the biggest underwriters in the London market. This year, the company will write around £2bn of business within Lloyd’s itself....
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...Although JAB has some exposure to the insurance business already — namely, through a stable of pet insurance companies — it’s limited....
...I would hope that the US Department of Justice, Federal Trade Commission or Consumer Financial Protection Bureau might consider looking into how major insurance companies communicate on pricing and coverage...
...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...
...Five people working on the bridge were killed and one is missing, presumed dead....
...With the season ending up a mild one, the decision helped propel the insurance business to one of the best underwriting profits in its history....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...In January, industry data based on policies sold, rather than comparison quotes, showed the average premium paid for insurance was £627 in the final quarter of last year, up one-third on the same period...
...It remains one of HSBC’s biggest shareholders. BlackRock is now the bank’s largest shareholder, according to Bloomberg data....
...The chief executive of FTSE 100 group Admiral, one of the biggest UK car insurers, said its motor insurance prices had peaked, signalling the end of a surge in premiums across the industry that sent the...
...The robust performance from Lloyd’s was echoed in the annual results from Beazley, one of the market’s largest insurers....
...One year’s strong performance does not make up for dismal returns. The market’s return on capital was just 3.6 per cent since 2017, even taking account of last year’s 25 per cent return....
...“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....
...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...
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...We now talk about there being four tier-one reinsurance brokers, and we are one of them.”...
...One industry veteran noted that banks withdrawing from business lending in response to tougher capital rules since the financial crisis was a central factor in the convergence of private assets and insurance...
International Edition