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...The Tories are eager to build on cuts in national insurance in two successive Budget rounds as they seek to address the rising overall tax burden....
...A later inspection identified 11 faults with the vessel, including issues with its emergency power system and firefighting equipment....
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
...Her new venture is rich in fashion-world cachet – Camilla Lowther, founder of CLM and mother of Vogue cover star Adwoa Aboah, is a co-founder in The Steam Bar, as is Jamil Shamasdin of talent management...
...“It’s not beyond the realms of possibility that [underwriters] could process 10 times the volume,” said David King, co-founder and co-chief executive of Artificial Labs, which offers fully automated underwriting...
...The lack of affordable property insurance has even driven some to move home....
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Co-founder Steve Koltes will also sell about 2mn shares in the initial public offering, netting him a windfall in the tens of millions of euros, the prospectus shows....
...Before you travel, always check to see how much you are paying or at least the value of the travel insurance element of the package and what you are covered for....
...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....
...Aviva, one of the largest providers of health insurance in the UK, reported that its “protection and health” premium sales were up 23 per cent in the third quarter of last year compared with the same period...
...”, when the cost of insurance fell as miles driven, and accidents, plummeted....
...Insurance executives have also highlighted the risk of a misalignment of interests between the long-term nature of this insurance business and the shorter timeframe of ownership through a PE fund, rather...
...deal would mark the start of a new phase for the former subsidiary of the Co-op group after years of turmoil....
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
...The US Federal Aviation Administration, which has grounded some of the plane maker’s 737 Max 9 aircraft pending inspection, has opened a formal probe into the incident....
...the private equity house, who co-led the strategy....
...But public car insurance would be even harder to design than flood-zone home insurance: how would any government limit the number it covered?...
...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....
...The chief executive of FTSE 100 group Admiral, one of the biggest UK car insurers, said its motor insurance prices had peaked, signalling the end of a surge in premiums across the industry that sent the...
...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
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