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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...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....
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...The company conducted work to compare listing venues....
...insurance brokers, told the FT....
...Grosvenor, the Duke of Westminster’s property company, is launching a £900mn lending business focused on residential development, as real estate investors opt for debt investments over the risk of buying...
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
...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....
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...Rani Snyder, a vice-president at the John A Hartford Foundation, which specialises in programmes for the elderly, told me that impact investing for quality ageing needs to go hand in hand with philanthropy...
...But the insurance industry is certainly pulling in its horns when it comes to cyber risks....
...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...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...from state-owned insurance companies....
...It also intends to take the company private after acquiring the 51.1 per cent stake Pasona owns in Benefit One....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...Lloyd’s said the agreement with Chinese insurance company Ping An, which has owned the building for a decade, will allow it to continue its renovation of workspaces and make further refurbishments, including...
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