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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...any loss of life....
...The FCA thinks this could be a risk across a range of insurance lines such as car and home insurance, but also life insurance and pet cover, according to a person familiar with its thinking....
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Last year, the company also completed an acquisition of New York-listed Cigna’s life and health insurance businesses across six Asia-Pacific markets, including Taiwan....
...in accidents drove up motor insurance claims....
...Often companies will offer their employees life cover and other insurance benefits as part of their package alongside the company pension....
...And then grab the rope, and move your foot a little further to the left.” Me: “I’m not sure I have insurance for this.” Blackwood begins to scale the cliff to my rescue....
...The rise in the solvency ratio was fuelled by market movements and £800mn of cash Aviva generated during the period, with sales up across its general insurance and life businesses....
...Insurance cut....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Chubb said on Friday it planned to take over the “life and non-life insurance companies that house the personal accident, supplemental health and life insurance business” of Cigna in South Korea, Taiwan,...
...“The Hartford’s board of directors, after consultation with its financial and legal advisers, unanimously rejected both proposals,” the company said in its results statement....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...The board “reaffirmed its commitment and resolve” to the company’s own strategic business plan, Hartford said....
...“It was pretty clear that Hank wasn’t going to retire, so if you really want to run your own insurance company, you had to go somewhere else, and they both did,” Cunningham told the FT....
...Or the other way to think about it is if like, your list is like, I want a black V-neck cashmere sweater, it’s like, well, what is the best version of that black V-neck sweater?...
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...The idea was to sell her educational output to healthcare and insurance companies, but venture capital funds would not back her — they saw her work as worthy but unprofitable....
...Our insurance company wrote to say we would no longer be covered. The woman who looked after my 88-year-old mother told me she was going to leave....
...The big questions are: will the traditional banking, insurance and fund management companies survive? What strategies should they employ to avoid extinction?...
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
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