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...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...New York-listed insurer Assured Guaranty had more than $12bn of exposure to UK water companies at the end of 2023, with more than $2bn to Thames Water alone....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...New York-listed insurance company Assured Guaranty has amassed more than $10bn of exposure to some of the most heavily indebted UK water utilities, underlining how the risks in the troubled sector have spilled...
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...Better building standards could curb rising losses. More investment in climate change mitigation could do the same....
...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...When a bank fails, the least cost standard requires the FDIC to sell the bank to the highest bidder irrespective of the impact on competition....
...The company says it will lend up to six times the borrower’s income, far higher than the standard 4.5 times from high street banks....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...Underwriters have put in tougher exclusions on standard cyber policies for major state-backed cyber attacks, meaning such events will not typically be covered, unnerving some big commercial clients....
...Reeves said Labour would “absolutely” vote for a 2p cut in the rate of national insurance contributions and for an £11bn “full expensing” tax break for companies that invest in plant and IT....
...,” which is Florida’s state-run insurance company....
...On Monday, an Ipsos poll for the Evening Standard put support for the party at a record low of just 20 per cent, the lowest level since the company began its tracker poll in 1978....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...Yet many of the companies operating there are not insured. According to Axa XL, of the 4,400 operational LEO satellites in 2021, just 47 were covered....
...A second approach would be to adopt the Insurance Capital Standard (the ICS) being developed by the International Association of Insurance Supervisors, tailoring it specifically for reinsurers....
...Lloyd’s itself caused controversy when it insisted on an exclusion in standard cyber insurance policies for big state-backed attacks....
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