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...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
...This will depend on the timing of an election, which Prime Minister Rishi Sunak has said he expects to take place in the second half of 2024, they added....
...The chief executive of Lemonade has criticised “naysayers” that predicted the lossmaking insurance start-up would go out of business after it reported a small rise in its cash and investments in the second...
...Medium-sized German insurer LVM holds a 2.9 per cent stake in Signa Prime Selection, one of the two companies that owns most of the Signa group’s assets....
...This month’s £242mn purchase of the Probitas syndicate will allow it to tap into what it said were the many brokers that prefer to place business via the Lloyd’s market....
...Aviva intends to provide additional capital to the unit. Probitas’s Lloyd’s underwriting syndicate has increased its annual premiums by a fifth every year since 2019, taking in £288mn in 2023....
...— 10 Popular Questions About Monetary Policy (Dario Perkins) — The invisible seafaring industry that keeps the internet afloat (The Verge) — Matt Klein on inflation and car insurance (The Overshoot $...
...LIU had intended to use the funds to invest in Lloyd’s of London, the world’s oldest insurance market....
...Financials Acquisition Corp had already cut the amount it was trying to raise from £500mn, citing the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting...
...Former Japanese prime minister Taro Aso, a senior figure in the country’s ruling party, will meet Donald Trump....
...The deal with Ping An, struck on Friday, gives Lloyd’s — an insurance marketplace where brokers come to find coverage for a variety of commercial risks from individual syndicates — the further option to...
...presented by former prime minister Liz Truss’s government....
...Rishi Sunak has been warned by the IMF to take much tougher action to rein in the UK’s public debt, putting a question mark over the prime minister’s cuts to national insurance....
...Waiting until the autumn would also allow Hunt to hold a tax-cutting Autumn Statement in early September, possibly cutting another 2p off employee national insurance rates if the public finances allow....
...But if the London property market has been booming for prime agents in recent years, it now faces new challenges....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...The reason? A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...The prime minister has until March 26 to decide whether to request a dissolution of parliament and trigger a general election. The omens are not promising....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...The exchange said only 11.5 per cent of companies on its Standard section — which has lower listing requirements than the Prime section — had disclosed plans....
...Greensill Capital, which once boasted former prime minister David Cameron as an adviser, collapsed after it failed to extend the insurance cover that was crucial to its business of securitised loans....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...In 1761, this work was shown in the annual Salon together with the wild strawberries and the companion piece to the melon work, “Jar of Apricots” (1758)....
...He added: “That depends when the prime minister chooses to call the election.”...
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