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...JAB has in recent years shifted its focus, investing roughly $5bn into petcare and pet insurance companies beginning in 2019....
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Universal, the world’s largest record company, told TikTok to remove its music from the platform at the end of January, criticising the Chinese-owned company for failing to pay fair value for use of its...
...The new licensing deal would lead to “improved remuneration for Universal’s songwriters and artists”, the company said....
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...Universal Music is the largest record company, controlling about a third of the world’s music....
...I would hope that the US Department of Justice, Federal Trade Commission or Consumer Financial Protection Bureau might consider looking into how major insurance companies communicate on pricing and coverage...
...A complex challenge In 2022, the former heads of a climate data initiative at US tech company Palantir founded a start-up to evaluate companies’ exposure to the energy transition — both positive and negative...
...Last month, Chubb’s chief executive Evan Greenberg told analysts that the company’s “exposure is within what we would contemplate and there’s nothing outsize to us”....
...A couple of months ago, my insurance company decided to raise the price of the yearly insurance premiums on our Brooklyn home by 51 per cent over three years, after more than doubling the estimated cost...
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...TikTok has failed in its attempts to restart negotiations with Universal Music, according to people familiar with the matter, leaving two of the most powerful companies in entertainment deadlocked over money...
...The company then increased its position twice in 2018 and again two years later, becoming the bank’s largest shareholder. Its sale this week reduces the stake to 7.98 per cent from 8.01 per cent....
...Universal on Tuesday accused TikTok of “bullying” and said the company wanted to pay a “fraction” of the rate that other social media sites pay for access to its music catalogue....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...remained “committed to further growth in the German savings and retirement services market” while Axa said it will now retain the business, but had separately entered into a new reinsurance deal with a company...
...Premiums from its general insurance division, which includes car insurance, also grew....
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