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...But ultimately, banks and investors will become more risk-aware — and risk-averse — only by doing what airline pilots do: prepare for future shocks by studying past accidents or near-disasters....
...The FCA thinks this could be a risk across a range of insurance lines such as car and home insurance, but also life insurance and pet cover, according to a person familiar with its thinking....
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...Both of those categories appear to be for accidents where the covered driver is found to be at fault: Allstate’s Mario Rizzo said in the company’s 1Q earnings call that stabilisation of auto prices was...
...Often companies will offer their employees life cover and other insurance benefits as part of their package alongside the company pension....
...Pharmacists in Illinois have been allowed to dispense Narcan without a doctor’s prescription since 2017, she tells me, and many insurance companies cover the cost....
...in accidents drove up motor insurance claims....
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...Inflation has been pushing up the cost of claims as car parts and labour become more expensive. Direct Line should be raising prices to offset this....
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...You pay me a low salary, and if there’s an accident, I’ll pay for it. (Ethan laughs) That sounds great....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
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...The rise in the solvency ratio was fuelled by market movements and £800mn of cash Aviva generated during the period, with sales up across its general insurance and life businesses....
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...After the first few years of austerity, the price being paid by the health service in longer waiting times and growing deficits was clear....
...Check your insurance cover carefully “Spending 20 minutes out of your life to read your travel insurance policy thoroughly” could be the best investment you make this summer, says Malcolm Tarling of the...
...My wife has suffered from various life-limiting autoimmune conditions for more than a decade and more recently both my children have had serious health problems....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...And later down the line, she had a burglary, and she went to the insurance company to pay out. And they refused her....
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