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...A CO₂ storage adviser to BP and a director for CO₂ storage at the Norwegian Petroleum Directorate also contributed to the report....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...IDS is working with Goldman Sachs, Bank of America and Barclays. The postal business remains regulated....
...The insurers, which offer life insurance and annuity products to families across America, accused the rating agency of a “fixation” with 777 Re, the Bermuda reinsurer linked to the Miami investment group...
...Lloyd’s is the world’s oldest insurance marketplace, and its chief executive John Neal told me that the home insurance market, particularly in coastal America, “has reached a tipping point”....
...Unlike at Royal Mail, these other earnings have helped Poste Italiane cope with the burden of last-mile deliveries. andrew.whiffin@ft.com...
...“The dividend is back [above] 51 cents, plus the Canada payment, so the insurance fund is now receiving the kind of money it identified in the first place when it bought,” said a person close to Ping An....
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...EP’s working with JPMorgan Chase, Citigroup and BNP Paribas, while Royal Mail’s owner is working with Goldman Sachs, Bank of America and Barclays....
...Targets have so far ranged from big international companies such as miner Anglo American to groups including International Distributions Services, the owner of Royal Mail....
...In the UK, the median cost of home insurance policies rose 36 per cent over 2023, according to Go Compare. In America, some states have experienced 40 to 60 per cent increases since January last year....
...Finding enough of these could get harder, especially as competition and scrutiny mount. Royal London, another UK life insurer, said Friday it would enter the bulk annuities market in earnest....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...Cocini has been co-head of Bank of America’s global financial institutions group, which will continue to be led globally by Gary Howe, and in Emea by James Gill....
...The violence escalated in February when an alliance of rival gangs launched a series of co-ordinated attacks while Henry was in Kenya for talks on a UN-authorised multinational force to shore up his authority...
...While KKR will soon raise flagship buyout funds in North America and Asia, it is seeing its fastest growth in newer businesses targeting credit, insurance and infrastructure-based investments, which are...
...Charles I was beheaded in 1649; the House of Hanover was dogged by sex scandals; George III lost his mind and he also lost America, which wasn’t terribly popular....
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...A declination is a case that would have been pursued except for the company’s voluntary disclosure, full co-operation and remediation of the matter....
...It will be part reinsurer, taking on $10bn to $15bn of long-dated insurance liabilities and investing a portion of the underlying funds in private credit and other alternative assets, and part investment...
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