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...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...to the port and any loss of life....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...CSX, one of the biggest freight railroad companies on the east coast, said customers should expect delays due to the bridge collapse, adding that all international intermodal shipments destined for Baltimore...
...Asked if private companies should cover the damage, he responded: “We’re not going to wait. We’re going to pay for the bridge.” Read more here...
...The company said it expected adjusted earnings per share to be 98 cents, up from previous expectations of 93 cents but below analysts’ expectations of $1....
...Named after a village in County Cork, Baltimore is anything but a straight biopic, although key moments of Dugdale’s life are dropped into the action in what seem like deliberately conventional flashbacks...
...Edgar Allan Poe would have struggled today to recognise the rural calm he sought when renting a modest home outside New York in 1846 for the last four years of his brief, turbulent but productive life....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...The influx of private equity and sovereign wealth fund investment in sports has also contributed to the appreciation of sports companies as an asset class....
...Less than a year ago the US Army Corps of Engineers finalised a Chief’s Report for Baltimore harbour. The report does not predict the collapse of the Francis Scott Key Bridge this week....
...A rescue operation is under way in the US port of Baltimore after a container ship travelling to the Sri Lankan port of Colombo hit a road bridge which collapsed into the Patapsco river....
...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....
...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...
...Consider, for example, the container ship accident that resulted in the collapse of the Baltimore bridge....
...News in-depth The collapse of the Francis Scott Key Bridge in Baltimore after a container ship collided with it has triggered urgent questions....
...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 —...
...payouts on Baltimore bridge Oodles of noodles: how a global favourite became an economic red flag The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
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