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...The Japanese owner of Lloyd’s of London underwriter MS Amlin plans to boost its underwriting capacity in the capital’s specialist market by half to £3bn in the next five years, as it invests in the UK hub...
...The insurer is due to underwrite about £2bn of business within Lloyd’s this year and then grow that as a central part of owner Mitsui’s five-year strategy to reach £3bn within Lloyd’s and the so-called company...
...Tanker owners must be able to prove they hold adequate insurance against spills in order to be allowed to access ports and other facilities....
...Leaseholders at Canary Riverside won a rare and high-profile victory in late 2022 after a tribunal ruled they had been overcharged £1.6mn in purported insurance-related services and linked taxes....
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...The Premier League, which last year strengthened the tests it carries out on club owners and directors, has been assessing 777 since September....
...Its latest fund, $4.3bn, is almost exclusively invested in the pet insurance sector....
...Two marine experts said this would require the owners to show they did not have any previous knowledge of problems with the ship....
...A 2p cut to national insurance was the main talking point coming into Jeremy Hunt’s Budget speech. He duly delivered that, saying it was a move that would “grow our economy by rewarding work”....
...“All EU regulators are really down on PE fund owners right now,” said one insurance executive....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...This story has been amended to correct a reference to the owner of Eurovita....
...Digging further — shelter is itself driven by “Owners’ Equivalent Rent of Residences”. This is the BLS’ estimate of what owner-occupiers would pay if they rented their homes....
...Eurovita, an Italian life insurer owned by a fund operated by Cinven, the British private equity firm, went into special administration this year after the owner did not provide the level of capital injection...
...Insurer Aviva and Rock Rail, a UK-based owner and asset manager of rolling stock, have teamed up with the UK’s state-owned infrastructure investment bank to come up with a new way of funding the costly decarbonisation...
...Sutherland had previously been critical of Saga’s former owners for leaving it “loaded with debt”....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...“They couldn’t confirm what it would cost at that time,” Skelding said, adding that because they were first-time dog owners, she and her partner had expected insurance cover of £1,000 would be sufficient...
...First, much of the persistent inflation strength has come in shelter costs, and there was a bit of a dust-up over the calculation of owners’ equivalent rent (involving a mass email to economic-data “super...
...As higher insurance makes EVs less attractive, adoption rates will adjust accordingly. Are higher insurance rates for EVs a big concern for owners, or just a passing phase?...
...The private credit industry often points out that they are safer owners of credit assets than banks, because they use less leverage and because they do not take deposits, which can run....
...Data from the Federal Deposit Insurance Corporation shows it remained at a rate of just 1.5 per cent at the end of the third quarter....
...Domaine Chandon, Opus One and Dominus are long-standing Napa wineries with French owners or co-owners, respectively Moët-Hennessy, Baron Philippe de Rothschild and Christian Moueix....
...“All EU regulators are really down on PE fund owners right now,” one insurance executive told the FT....
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