Hints and tips:
Related Special Reports
...Woods also cited concerns from some insurance executives that regulators would use their new powers to ensure a more conservative approach from companies via the “backdoor”....
...The Treasury is looking to speed up a key post-Brexit reform to unlock £100bn of investment from the UK insurance sector, after growing impatience in the industry and government over the pace of change....
...Insurance group Prudential’s new business profit rose by about 45 per cent to $3.1bn last year, as its core business in Hong Kong continued to recover from the impact of coronavirus restrictions....
...On the regulatory side, the forum said it was considering what it called a “sandbox” idea, where the industry and its regulator, the Bank of England’s Prudential Regulation Authority, could “discuss and...
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...Anil Wadhwani, the new chief executive of Prudential, has promised to “do things differently”. He also says the UK-listed insurer will focus on Asia and on paying dividends....
...the company in as many years....
...The mechanics of the NAIC’s rule change (as described by Barclays, Bank of America, regulators, industry groups and various other sources) are . . . not especially simple....
...Trump’s lawyers last week said his team had spent “countless hours negotiating with one of the largest insurance companies in the world” in order to secure an appeals bond for the full amount, concluding...
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Methodology The FT Americas’ Fastest-Growing Companies 2024 is a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2019 and 2022....
...chair of the Federal Deposit Insurance Corporation has warned....
...I always loved the story that the motifs on the black lamp posts in the City of Westminster — two letter Cs back-to-back — were a loving gesture by the duke to his paramour....
...Schwimmer, chief executive of the London Stock Exchange Group; and Baroness Shriti Vadera, chair of Prudential....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...These companies collectively underwrote about 70 per cent of US homeowners’ premiums, it said. The Treasury’s proposals have highlighted the fragmented nature of US insurance regulation....
...In a speech earlier this year, the Bank of England’s Prudential Regulation Authority, which oversees insurance companies, called for moderation “in the face of considerable temptation” to do deals....
...The excess supply led to a 60-per-cent slide in the price of lithium and drove bankruptcies of companies including Alita and Nemaska in Australia and Canada, respectively....
...China, with the likes of WeDoctor and Ping An’s Good Doctor, pipped many to the post. At the basic end, telehealth providers diagnose and fill prescriptions....
...The Prudential Regulation Authority, the arm of the central bank that oversees insurers, on Thursday issued the first of three consultations as part of this work....
...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...It has taken market share from Delaware, the hub for most Wall Street litigation, fuelled by a post-pandemic influx of big companies moving their headquarters to the state....
...On the insurance side, none of the public insurers are close to the 10% limit, which means it would probably be a heavy lift for them to scale up to maintain eligiblity....
...The writer is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts “Every time a friend succeeds,” said Gore Vidal, “I die a little.”...
...Higher rates wiped almost $7bn from the company’s “embedded value” last year. Embedded value is a key metric in insurance. It is also controversial....
International Edition