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...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...Its underwriting profit reached £5.9bn, up from £2.6bn....
...Revenues from the NHS grew 15.5 per cent last year and PMI by 14.3 per cent. This helped lift operating profits by almost a third to £126.2mn on overall revenues that grew 13.4 per cent to £1.36bn....
...Premiums from its general insurance division, which includes car insurance, also grew....
...Direct Line’s shares were 1 per cent higher in early trading....
...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...
...Maintenance costs (+1 pc) grew faster than repairs and body work (+0.5 pc and +0.7pc) for the month. As for the insurers themselves, it looks like profit pressures are lifting....
...A new €1.5bn fund, its first targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at...
...which cost about $1.5bn....
...Non-store retailing, which includes online, contracted 1.5 per cent in March, while sales in department stores were down 3.8 per cent....
...According to figures published by the forum in November, the UK needs to invest more than £1.3tn to meet its energy, transport and housing infrastructure needs by 2030, and is £615bn short....
...UK motorists are being quoted a new record sum of almost £1,000 for the average annual insurance policy, after a dramatic acceleration in prices that has prompted concerns over extra pressures on household...
...Tirzepatide’s list price is $1,060 for four weeks of supply....
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...L&G posted an operating profit of £1.7bn, broadly flat on the previous year but below analysts’ consensus estimates....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...Its shares were up 2.5 per cent in morning trading....
...’s largest banks to rebuild its depleted deposit insurance fund....
...Cigna shares fell 8.1 per cent while those of Humana dropped 5.5 per cent. The Wall Street Journal first reported the discussions on Wednesday....
...An insurance company “needs to have the longer-term alignment”, Borean said, adding that each situation needs to be viewed on a “case-by-case basis”....
...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...London’s domestically focused FTSE 250 index rose 1.4 per cent after Hunt said a new British Isa would allow an additional £5,000 annual investment for UK equities “with all the tax advantages of other Isas...
...However, the company blames the macroeconomic situation for its recent slowdown. In the 12 months to December, revenue fell 4 per cent while its adjusted operating profit fell 1 per cent....
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