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...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
...The Financial Conduct Authority said providers accounting for 80 per cent of the market for so-called guaranteed asset protection (Gap) insurance had agreed to the temporary ban while they implemented unspecified...
...most of the rise in transportation-services costs: car insurance!...
...Dating back to Denmark’s spell as EU president in 2012, the compromise was a supposedly temporary exception to Basel rules for European banks with insurance businesses....
...Often, travel insurance is included either as an extra benefit or service through your bank or credit card company as part of a package of services for which you pay a monthly or annual fee....
...Bain also pointed to lower attrition when offering some London consultants redundancy with six months’ pay, partly paid temporary leave, or an option to relocate to one of the firm’s offices abroad....
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Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...They are banking on Giles Wilson, Dr Martens’ incoming finance chief who previously ran aviation services company John Menzies when it was listed, to lead the turnaround....
...Hunt is expected to partly fund a personal tax cut — a reduction in national insurance rates is the other option — by cutting spending plans in the next parliament, further squeezing public services which...
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...from state-owned insurance companies....
...The Treasury said that between 2016 and 2022, UK trade in financial and insurance services with Switzerland grew by 53 per cent — reaching £3.28bn in 2022....
...Dubbed the “inside-out” building with services such as water pipes and lifts running down the outside, One Lime Street has been compared by some to an oil rig and a motorcycle engine....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...International Container Terminal Services, a Filipino company, will run Durban port after a deal was clinched with unions to protect jobs....
...Account holders who receive a sudden large payment — such as from the sale of a house or an insurance payout — are covered for up to £1mn for six months after receipt of the money, a change introduced in...
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