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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....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The dairy products group is looking to sell the rebranded Life & Nutrition to Vamin Tatarstan, a Russian dairy company owned by 29-year-old Mintimer Mingazov, according to documents seen by the Financial...
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...“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....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...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 —...
...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...
...It is a serious price for an asset manager that is only a decade old and manages $20bn. Blue Owl itself manages $165bn for a juicy market capitalisation of just above $20bn....
...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....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...increase this year, according to industry forecasts, even as politicians and consumer groups voice concern about the impact of rising costs on the millions of households reliant on a car for work and family life...
...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...
...This could be covered with a life insurance policy for this period only, since a policy for a fixed term is generally cheaper than a whole-of-life policy....
...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....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...January: cold weather, Blue Monday and the month of that time-honoured ritual of the old insurance policy renewal two-step. You know the dance....
...into bank parent companies....
...A body representing global insurance regulators has called for “enhanced supervision” of private capital-owned life insurers, citing potential “conflicts of interest” and “increased risk-taking”....
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