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...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...The head of Tokio Marine has said the Japanese insurance company “cannot run away from” natural catastrophe risk despite deepening concerns among investors and policymakers over rising industry losses linked...
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...The lack of affordable property insurance has even driven some to move home....
...The car, home and business insurer, whose results often set the tone for the insurance earnings season, managed an improved combined ratio — claims and expenses as a proportion of premiums — of 85.8 per...
...The ocean had calmed down sufficiently for Grootbos to arrange trips with aquatic tours company Marine Dynamics to spot fleeting dolphins, migratory southern right whales and unfathomable numbers of cape...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Floods in Italy, Germany and elsewhere last year led to further rises in the price of insuring homes and businesses against severe weather....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...The costs of core insurance products, such as home and motor insurance, have come under increased scrutiny amid a cost-of-living squeeze on UK households....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...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,...
...The work-from-home trend made for a listless atmosphere at its City headquarters. Now numbers are back to nearly four-fifths of pre-pandemic levels, Tuesdays and Thursdays....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
...But public car insurance would be even harder to design than flood-zone home insurance: how would any government limit the number it covered?...
...the company in as many years....
...In the UK, home loans are funded in part from deposits and lenders carry the risk of default. Insurance to protect against defaults, widespread in the 1990s, is now rarely used....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
..., who has previously commanded the Home Guard and the army — told me....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...foreign companies, have prompted executives in the West to prioritise shortening their supply chains....
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