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...Of these, 140 were on vessels that held no insurance from western providers. Many were very old — a hallmark of the dark fleet....
...“The dividend is back [above] 51 cents, plus the Canada payment, so the insurance fund is now receiving the kind of money it identified in the first place when it bought,” said a person close to Ping An....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...On Saturday, Caribbean leaders called for an emergency meeting in Jamaica with the US, Canada and France to seek a way out of the spiraling gang violence, according to AP....
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...In April, Blue Owl Capital spent $750mn buying Kuvare Asset Management, a decade-old asset manager dedicated to insurance, which resembles Bhalla’s venture....
...Aviva said Lloyd’s, a centuries-old market selling specialist insurance and reinsurance covering everything from cyber attacks to hurricanes, was a “major source of untapped growth” for the FTSE 100 group...
...Companies from these countries were eligible to participate: Argentina, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Mexico, Nicaragua,...
...The scrutiny of outside investors would help the company avoid the “traps” family businesses can fall into, he said....
...The deal values the 15-year-old company at over €1bn, one of the people said. Eldridge and Hayfin were not immediately available for comment....
...Growth is hard, sustaining it even harder, so the stars of today are not necessarily the stars of tomorrow. Take Canada first....
...Long-dated insurance premiums are becoming the funding of choice. The shift is sufficiently seismic that once overlooked credit firms are now the subject of bidding wars....
...The latest evidence emerged this week, with the news that the average annual quote for car insurance in the UK rose last year by more than 50 per cent to £995, with 17-year-olds now being quoted an average...
...Under the old pricing system, which had not been updated for half a century, premiums rose on average 8 per cent annually....
...into bank parent companies....
...the Federal Deposit Insurance Corporation has warned....
...face the company’s next generation of leaders....
...What does the expansion of this pipeline mean for Canada’s oil industry?...
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...This is what happened when the FDIC auctioned off First Republic last year, little more than a month after the collapse of Silicon Valley Bank....
...Canada’s Brookfield Asset Management also studied a bid but decided not to move forward, said two people briefed on the matter....
...This year HSBC has completed the sale of its Canada unit and its French retail banking business. It has previously agreed to sell its operations in Greece and Russia....
...The survey, published on Thursday, found more than half of 13-year-olds have drunk alcohol in England as have a third of all 11-year-olds, prompting child health advocates to call for more measures to protect...
...Analysts at Royal Bank of Canada estimate that Close Brothers will be hit with a £200mn redress bill....
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