Hints and tips:
Related Special Reports
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...due to fire-safety issues....
...insurance brokers, told the FT....
...Let me begin today with some news from the weekend. Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...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 squeeze on commissions is bad news for the 1.6mn Americans currently registered to work as real estate agents, as well as the companies that employ them....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...But he added that the companies could be trading at a premium justified by their expected earnings....
...Hartford Financial Services, which writes far fewer home insurance policies, is down just 5 per cent. Some states limit insurers’ ability to raise premiums....
...Having started my journalism career in South Africa, I’ve been following the news from the country over the past year with some concern — from electricity blackouts to August’s tragic fire in Johannesburg...
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...Investors in Belarus’s 2023 bonds include Eurizon, the asset management unit of Italian banking group Intesa Sanpaolo, the State of Wisconsin Investment Board and Philadelphia-based Hartford Funds, according...
...Hankey may be playing with fire again....
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
...Since then, the US backlash against ESG investing has turned its fire on insurance companies, after Texas Republican lawmaker Bryan Hughes reportedly wrote to large insurers with concerns about shareholder...
...the company in as many years....
...In the filing, IAG also claims that Marsh, the world’s biggest insurance broker and the company that placed Greensill’s cover with insurers, “ought reasonably to have known” that the wording of a key 2019...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...By contrast, the amount paid in claims during the quarter was up 11 per cent, as insurers paid out to cover fire, theft, weather, water leaks, and other events....
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
...through two quick-fire deals for rival banks....
...Admiral has traditionally led the wider motor insurance market on prices. Peer Direct Line may be about to report the same uplift in results due next month....
International Edition