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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Bond fund giant Pimco is holding a smaller than usual position in US Treasuries and prefers the bonds of countries such as the UK and Canada, as it believes inflationary pressures may lead the Federal Reserve...
...Officials are hopeful the ban will be come into effect by the general election, expected next year....
...The UK business and trade department said: “Canada’s decision not to roll over these rules of origin will increase the cost of trade and hurt businesses on both sides of the Atlantic.”...
...The company’s Solvency II coverage ratio, the amount of regulatory capital it holds as a percentage of the minimum required, sat at 224 per cent at the end of the year, above consensus estimates of 217 per...
...Research from the Royal Bank of Canada shows that about C$900bn* worth of mortgages — almost 60 per cent of all outstanding mortgages at chartered banks in Canada — will need to be refinanced between 2024...
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Premiums from its general insurance division, which includes car insurance, also grew....
...After absorbing the companies involved in the deal — the East Ohio Gas Company, Public Service Company of North Carolina and Questar Gas Company — and their 3mn customers across Ohio, North Carolina, Utah...
...Aviva chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in the group’s general insurance business....
...While rivals like Legal & General or privately held PIC chase after the multibillion deals, Just focuses on smaller, sub £100mn transactions, with nearly a third of the market....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Speaking to the Financial Times, David Howden, founder and chief executive of insurance and reinsurance broker Howden, predicted the price of business cover would flatten this year as the supply of insurance...
...Some bulk annuity providers such as Aviva and Legal & General are part of broader groups offering other types of insurance and investments but PIC, founded in 2006, is a privately owned specialist in the...
...most of the rise in transportation-services costs: car insurance!...
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...the company in as many years....
...After a quiet start to the week for earnings, the results calls will pick up during the coming few days with insurance a strong theme in the UK as Aviva, Legal & General, Hiscox and Royal London report figures...
...Trump’s lawyers last week said his team had spent “countless hours negotiating with one of the largest insurance companies in the world” in order to secure an appeals bond for the full amount, concluding...
...to obtain the full amount from an insurance company....
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...figures India: Q2 GDP figures Results: Dr Martens HY, Rémy Cointreau HY, Royal Bank of Canada Q4, Salesforce Q3, SAS FY, Toronto-Dominion Bank Q4, Victoria’s Secret Q3 Friday EU, France, Germany, Italy...
...This year it did the biggest UK deal of its kind, when general insurer RSA offloaded £6.5bn of liabilities to the group....
...But unless the Seattle-based company acquires more healthcare groups, “its overall share of the prescription dispensing market will likely remain in the low single digits for the foreseeable future”, he...
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