Hints and tips:
Related Special Reports
...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...due to fire-safety issues....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
...“We are not making it more difficult for leaseholders in those buildings,” she said, adding that the group was underwriting 10,000 new leaseholders after opening up its standard property insurance policy...
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...This evokes memories of the long-running, and very expensive, payment protection insurance scandal. Any lenders funding motor finance should worry about how this problem could mushroom....
...supply chain finance company had should pay out....
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...Any new standards would then need to be approved by the organisation’s safety committee....
...By contrast, the amount paid in claims during the quarter was up 11 per cent, as insurers paid out to cover fire, theft, weather, water leaks, and other events....
...The warnings are part of the watchdog’s consumer duty regulations, introduced last year, which require companies to meet higher standards of customer protection....
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...When a bank fails, the least cost standard requires the FDIC to sell the bank to the highest bidder irrespective of the impact on competition....
...Underwriters have put in tougher exclusions on standard cyber policies for major state-backed cyber attacks, meaning such events will not typically be covered, unnerving some big commercial clients....
...For decades, companies (and their customers) have reaped the economic benefits of outsourcing manufacturing to countries with weaker labour and environmental standards....
...The company’s interim payout dipped. Admiral shares should yield just over 5 per cent in 2024, according to Visible Alpha consensus....
...Reeves said Labour would “absolutely” vote for a 2p cut in the rate of national insurance contributions and for an £11bn “full expensing” tax break for companies that invest in plant and IT....
...On Monday, an Ipsos poll for the Evening Standard put support for the party at a record low of just 20 per cent, the lowest level since the company began its tracker poll in 1978....
International Edition