Hints and tips:
Related Special Reports
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The Russian dark fleet’s insurance arrangements with Ingosstrakh potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill....
...Mutuals are run for their members. It’s high time the sector got the respect it deserves. Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
...Hielkema said any pan-EU scheme would need to be carefully calibrated to make sure individual states are pulling their weight on adaptation measures, among other considerations....
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...states....
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...Looking forward, we will pursue rate increases in 10 states to improve margins and in other states to keep pace with increases in loss costs. Used-car costs have, in contrast, declined....
...Several big US insurers, including State Farm and The Hartford, have paused their underwriting of new home policies in the state of California....
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...Some UK companies have pointed to higher valuations when choosing to list in New York rather than London....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...This has already occurred in home insurance relating to climate, with US states including Florida providing cover for homeowners who are unable to get it; the UK’s Flood Re is a joint government and industry...
...Mutual funds got another boost in the 1980s, as big companies started shifting away from defined benefit pensions....
...Suppliers have been reluctant to develop new factory capacity because of uncertainty around turbine sizes and the level of state support for wind farm developers....
...However, Labour refused to say how much GB Energy would commit to the floating wind farms, saying only that Flow would be the new state-owned company’s “first priority”....
...When I chaired the FDIC during the financial crisis, we sold the failed the mortgage lender Washington Mutual to JPMorgan. It was our only bidder and was prepared to take over WaMu immediately....
...The move has already caused ructions among direct insurers, contributing to the decisions of insurers such as State Farm to stop underwriting new home cover in California....
...It was 2003 when the 98 state-of-the art machines were erected. Now their age is showing....
...Axa’s deputy chief executive, Frédéric de Courtois, said a public-private partnership on cyber is a “must-have”, given it is generally only the biggest companies, which have also invested in prevention,...
International Edition