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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...This was the company’s second accident at Courchevel: in 2017 another PC-12 hit the embankment before the start of the runway, damaging a wing and wheel....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...At Unhedged, we’re betting that NYCB is not the last rate-driven market accident we are going to see in this cycle. One good read Is private equity worth it?...
...Private capital groups such as Apollo, KKR and Brookfield have swept into the life insurance sector since the financial crisis, buying insurers and reinsurers or striking asset-management partnerships....
...The most famous aerospace company in the US has a big credibility problem....
...Boeing has not met federal regulators’ request for a list of employees who worked on a door panel that blew out mid-flight, the US’s top accident investigator testified to Congress on Wednesday....
...For now, Tristram Hunt remains confident that the V&A can raise the funds to keep the “Deposition” in Britain....
...— The Japanese Bid for Foreign Bonds After the End of Yield Curve Control (Brad Setser and Alex Etra) — Why do people let their life insurance lapse?...
...The company “must continue to respond to this accident with humility and complete transparency”, he said....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...Even drivers with long records of accident-free motoring have faced sudden jumps in prices for the policies they legally need to hold....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...The insurance claim stemming from the accident could reach $1bn-$3bn, Barclays analysts estimated on Wednesday....
...to the port and any loss of life....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Regulators grounded 171 Max 9 planes on Saturday, following the accident, which are used by fewer airlines than the smaller Max 8....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...The National Transportation Safety Board, the independent federal agency responsible for investigating civil transport accidents, has launched an investigation into the incident....
...California authorities, which suspended the company’s licences to operate two weeks ago, also claimed Cruise executives didn’t initially disclose the car’s second manoeuvre to regulators, though the company...
...The company, a crucial Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage for some aircraft....
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