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...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...Most, but not all, of the Ecuadorean bonds have been placed, primarily with pension funds, insurance companies and asset managers....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The marine insurance market has also seen a sharp rise in the cost of travelling through the Red Sea and Suez Canal as a result of a wave of attacks by Iran-backed Houthi rebels....
...Today’s top stories Israel launched strikes against Iran in what appeared to be limited retaliatory action for last week’s drone and missile attack by Tehran....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...If insurance companies and friendly billionaires think he is too big a credit risk, who might help him out instead? What sort of collateral could Trump offer in return?...
...“There are still many companies that do not insure the cargo for war risk until their ships cross into Ukrainian waters and take the risk due to the current high costs of insurance.”...
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
...Jeongmin Kim, lead analyst at Seoul-based information service Korea Pro, said the strikes had garnered limited public sympathy....
...with limited insurance cover that aim to take up the potentially lucrative business of transporting sanctioned goods....
...This has been another form of intrawar deterrence, bolstered by shipping and insurance interests....
...The writer is a general partner at Balderton What do we have? Where do we have it? How long does it take to get it back?...
...A record total of blue bonds has been issued by companies and countries this year, Nordea says....
...Companies: Walt Disney shareholders vote at the entertainment giant’s annual general meeting on whether to award billionaire activist Nelson Peltz a board seat....
...Just Group saw sales leap by 54 per cent to £470mn and Legal & General reported a 27 per cent rise to £575mn....
...So they are an insurance company for insurance companies. They do have a primary property casualty insurance unit, but mostly they’re reinsurance....
...Thus you can buy a “H”, or Hong Kong, share in insurance company Ping An for HK$31 (US$4) or an “A” share in the mainland for Rmb39.4 (US$5.49) but with little hope the two, which are otherwise identical...
...Reeves said Labour would “absolutely” vote for a 2p cut in the rate of national insurance contributions and for the £11bn “full expensing” tax break for company investments in plant and IT....
...Rents earned by the funds from making private direct loans accrue to the general partners, not the limited partners....
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