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...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...The company conducted work to compare listing venues....
...about their ability to attract and retain talent and Britain’s corporate competitiveness, many boards and investors are now increasingly willing to benchmark executive pay against their higher-earning transatlantic...
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
If regulators win US banks would look expensive
...and reinsurance recovers....
...Reinsurance prices have surged over the past 18 months, squeezing insurers and their customers....
...Oddly, it is not — yet — for the reinsurance industry. Insured losses of $108bn for 2023 were broadly in line with the five-year average....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...The company confirmed the change in fees days later....
...Following attacks by Yemeni rebels linked to Iran, the world’s biggest shipping companies and oil producers are halting vessels sailing towards the Suez Canal....
...When insurance companies cede risk to reinsurers, they heavily scrutinise them either directly or via careful monitoring of their credit rating reports....
...“We have not really seen a willingness on the part of the reinsurance community to step back down,” said David Priebe, president of reinsurance broker Guy Carpenter....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...The performance was helped by a quiet year for hurricane claims as well as a rapid run-up in reinsurance prices over the past 18 months....
...The pay was significantly lower for the heads of transatlantic peers....
...In the UK, the Bank of England has proposed limits for so-called funded reinsurance deals....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...There is a 20-year age gap between him and Humm, but even for innovative chefs, there is safety in numbers at times — or at least they welcome the company....
...“In order for the sector to have social licence to grow we need to see net declines in carbon emissions,” said Jack Duckworth, a partner at LEK Consulting, which advises transport companies....
..., which, in turn, was adjacent to a reader’s letter with the headline “Targeting consumption is fairer way to tax global companies” (March 8)....
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