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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...But their moves have fallen short of offering direct compensation to victims’ descendants. The insurance industry is seen as having enabled slavery given its importance to global shipping....
...Signal Iduna lent close to €1bn to Signa, people with direct knowledge of the matter said....
...It added that the employee was not a licensed insolvency practitioner, the term for senior professionals who can be personally appointed to run personal or company insolvencies....
...H&F has invested in business services companies such as advertising agencies, advisory firms and insurance brokerages for decades....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...insurance profits as a proportion of revenues — of more than 10 per cent, its target....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Insurance is not supposed to be exciting. But Direct Line needs to offer some zing to its shareholders if it is to shake off the attentions of Belgium’s Ageas....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...A surge in insurance prices has repaired damage to its underwriting margins....
...Ageas said the deal would strengthen its position in the European market and help it rebalance towards non-life insurance business. Direct Line shares jumped 20 per cent to 197.5p on the news....
...Under Dunckley, Grant Thornton moved away from auditing “public interest entity” companies — such as most listed businesses, banks and insurers — in order to reduce its exposure to high-risk clients....
...Professional fees — which include hiring a professional to administer the estate — and send-off costs average £2,749 and £2,768, respectively....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...Apas, the watchdog, last year concluded that EY violated its professional duties “during the audits of Wirecard and Wirecard Bank from 2016 to 2018”....
...The expansion has fuelled disgruntlement among bankers, fund directors, insurance executives and others....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...In its response, the Society of Pensions Professionals, an industry body, raised “grave” concerns about the lifetime provider model....
...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...defence; automotive; chemicals & pharmaceuticals; construction & infrastructure; consumer goods & retail; energy, utilities & environment; financial institutions & services; healthcare & life sciences; insurance...
...They tend to believe that when government does act, it can do so more effectively with market-based solutions than with direct programmes and services....
...with a company run by the brother of Sports Direct founder Mike Ashley....
...Shares in Direct Line jumped 14 per cent after the UK motor insurer agreed to sell its brokered commercial insurance unit for £520mn in a bid to shore up its balance sheet after a string of profit warnings...
...The retail giant struck a deal earlier this month to dispense medication on behalf of Zepbound maker Eli Lilly’s direct-to-consumer service LillyDirect....
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