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...“Home insurers will definitely be seeing some impact on margin from all the storm damage,” said Paul De’Ath, head of market intelligence at consultancy Oxbow Partners, highlighting the string of named storms...
...Paul Weightman is no stranger to high-profile corporate scraps....
.../status/1763857124575125808 Brera’s IPO was underwritten by Revere Securities, not Boustead....
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...Lloyd’s said the agreement with Chinese insurance company Ping An, which has owned the building for a decade, will allow it to continue its renovation of workspaces and make further refurbishments, including...
...Paul Morey, chief executive of Herschel Infrared, said the heating company had been told it owed more than £31,000 to the government despite not receiving the value of an R&D claim in cash or a reduced tax...
...This means that offloading liabilities, and the assets backing them, to insurance companies is becoming a viable option for more businesses....
...Bigger companies mean increased liquidity in the shares, which should broaden investor appeal. Higher valuations will be important in an expected wave of dealmaking, says Paul May at Barclays....
...“The government’s proposal risks making the situation worse by placing more responsibility on savers,” said Paul Waters, head of defined contribution markets with Hymans Robertson, a professional services...
...He joins from Paul Hastings, where he had headed its alternative lender and private credit group....
...The company’s share price has almost halved over the past two years. It fell a further 1.7 per cent on Friday....
...Hunt also copied Labour’s plan to extend a windfall tax on oil and gas companies. Labour had planned to spend £2bn raised from reforming the non-dom levy on the NHS and school breakfast clubs....
...“This is one arm of the government robbing Peter to pay Paul and [as a result] raising the costs of the provision of NHS pharmacy services,” he said....
...Paul Hastings has hired eight partners from law firm Vinson & Elkins to build out its global finance team in Texas. Linos Lekkas, who worked at Citigroup for 13 years, is retiring....
...The aim is to provide insurance for up to 30 ships travelling into Ukraine via its corridor every month, with losses of up to $30mn covered by state funds in effect held in an escrow account....
...“While expensive, military deterrence is a form of economic insurance.”...
...The insurance industry has pushed for such a move to help London’s insurance market catch up with rival hubs such as Bermuda and the US....
...He joins from Paul Hastings, shortly after colleague Bill Brady made the same move. Skadden has hired James Fredricks to join its antitrust and competition group in Washington, DC....
...The appointment is a “positive” for the company, given his roles at Prudential, said Nasib Ahmed, analyst at UBS....
...Paul De’Ath, head of market intelligence at Oxbow Partners, said there was “definitely some momentum still” in the insurance pricing upswing, driven by inflation in claims costs....
...Paul Johnson, director of the Institute for Fiscal Studies, says: “The £10bn or so cut in the national insurance contribution rates pales into relative insignificance alongside the long-term increase in...
...company....
...Paul O’Brien placed the friction firmly on the side of the banks: Bank credit is artificially expensive because of regulations like capital and leverage rules....
...Horsfield said she expected reductions in national insurance, which took effect this month, and possible tax cuts in the government’s March Budget to boost sentiment....
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