Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...“If you’re an insurance broker or insurance sales professional, just understand we are approaching your client digitally, as well as through humans, to sell other products and services that by the way we...
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...New frontiers: Insurance broker Aon has moved into the world of online business insurance with the acquisition of CoverWallet, although it was coy about how much the company cost....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...The tie-up between the number two and three brokerage companies in the insurance industry would be a game changer but competition authorities (and rivals) are likely to have something to say about it....
...Colorado was particularly hard hit by recent hailstorms, striking urban areas of Denver, Boulder and Colorado Springs, according to the insurance broker Aon....
...Taking time to create a strategic framework for problem-solving has also paid off for Aon, the insurance and consultancy group....
...Harvey, Irma and Maria made 2017 the costliest year on record for weather disasters, according to Aon Benfield. This time, however, the likes of Mr Greenberg are in no rush to start up new companies....
...) insurance sector”....
...While it’s true rental companies can bring some economies of scale to the market — taking advantage of location, maintenance, insurance, cleaning and vehicle financing synergies — what they gain in those...
...A person familiar with the matter said RSA recently asked its broker Aon Benfield to assess its reinsurance arrangements....
...We’re not controlling them from the centre.” Mr Howden said the new company’s three specialities would be its managing general agency, retail operations and a speciality business across the world....
...Both Re/Code and The New York Times reported the deal would take place this week, but the reported price now is for $90 million in stock.”...
...The insurance industry paid out about $45bn in 2013, lower than the 10-year average loss of $58bn, according to Aon Benfield, the reinsurance broker....
...“They’re always done in a softening market [when prices for insurance are low], because people get desperate for premium growth,” said Mr Brindle, who founded Lancashire in 2005 and transformed it from an...
...“They’re usually crash and burn.”...
...The acquisition should help London’s only listed insurance broker take on the largest companies in the reinsurance subsector – Marsh’s Guy Carpenter, Aon Benfield and Willis Re....
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
...“We’re trying to set up competition on the consumer level,” said Ken Sperling, health exchange strategy leader at Aon Hewitt, the benefits consulting firm that will run the exchange....
...“The main difference between banks and insurers is that this is the core business for an insurance company,” says Katherine Coates, partner at law firm Clifford Chance, who advised Swiss Re on the Akzo Nobel...
...Up until now, United has expanded its commercial income from high-profile deals such as the £80m shirt sponsorship with US insurance group Aon, and the £40m training kit deal with logistics company DHL....
...The move is aimed at expanding Aon’s unit that advises companies on employee pay and benefits. Shares in Aon fell the most in the S&P 500 index, down 7.1 per cent to $35.62....
...Aon Consulting helped arrange the deal....
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