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...While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...On Universal’s earnings call on Wednesday, Grainge said: “We’re friendly people. My phone is open, unfortunately, 24 hours a day . . ....
...That, AM Best reportedly argued, left the market and insurance customers relying on outdated information and left the company at risk of breaching its own policies on prompt publication....
...One person with knowledge of its strategy said the company was deciding how to commercialise the technology....
...“It’s going to benefit the biggest player, Universal, because they’re the ones with the resources to invest in that....
...Ping An has cut its stake in HSBC days after it voted against the re-election of the bank’s outgoing chief executive Noel Quinn....
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Earlier this year, US insurance group A-Cap said it would attempt to take back control of assets ceded to 777 Re after the reinsurer had its credit rating downgraded, and US and Bermuda regulators have been...
...Those people are not having a good month and, apologies, we’re about to make it worse....
...We’re unlevered as a firm. And we felt that we’d be best served if we did the same thing here in insurance. We probably could have grown a little bit faster had we bought an insurance company....
...Re....
...Re-lining the furnaces that use coking coal to treat iron ore can bring down emissions, but can also lock in polluting infrastructure at a time when climate activists are urging steelmakers to switch to...
...backed by listed reinsurer Munich Re....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...“As risks increase because of climate change, we will need insurance more than ever, but access to insurance may become more limited,” warns Wellcome’s Thomson....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...Despite law’s focus on precise definitions, the sector lacks a universal taxonomy — a scheme of classification of legal terms — even within the same jurisdiction....
...However, Swift has defied her label, Universal, with the rollout of TTPD....
...“We’re now beginning to see some green shoots,” said Howden. The challenge, he added, is that there has been “a shortage of new capital coming into the market.”...
...But it is a problem if you’re in the business of star-making....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...For the limited universe of targets, this is the moment to cash in. The Blue Owl deal is a little trickier than meets the eye. Apart from the investment manager, Kuvare also sells annuities....
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