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...These include the Naxos, a 17-year-old tanker flagged in Panama. On December 14 2023, the vessel moved a cargo of oil from Primorsk....
...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Drivers aged 17 were the only cohort to see the price of cover rise in the first quarter, with the average yearly premium quote up 1 per cent at £2,919....
...Court documents show the Switzerland-based company brought a lawsuit last month claiming that insurers “failed to pay” for damage done by underwater explosions that mangled and deformed the Nord Stream 1...
...UK motorists are being quoted a new record sum of almost £1,000 for the average annual insurance policy, after a dramatic acceleration in prices that has prompted concerns over extra pressures on household...
...The percentage of people in the UK aged 18 to 64 with personal cover jumped from 17 per cent in March 2022 to 26 per cent in September last year, while those taking out cover through company schemes rose...
...Premiums from its general insurance division, which includes car insurance, also grew....
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
...Port Talbot is the UK’s biggest emitter of carbon dioxide; the revamp will reduce total UK emissions by 1.5 per cent. The government is contributing £500mn towards the £1.25bn investment....
...Direct Line’s shares were 1 per cent higher in early trading....
...A new €1.5bn fund, its first targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at...
...which cost about $1.5bn....
...Poste Italiane has excess insurance capital and has hedge protection from interest rate volatility....
...The latest evidence emerged this week, with the news that the average annual quote for car insurance in the UK rose last year by more than 50 per cent to £995, with 17-year-olds now being quoted an average...
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...According to figures published by the forum in November, the UK needs to invest more than £1.3tn to meet its energy, transport and housing infrastructure needs by 2030, and is £615bn short....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...L&G posted an operating profit of £1.7bn, broadly flat on the previous year but below analysts’ consensus estimates....
...The cost is as yet unknown. The insurance sector is expecting a hefty bill....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...An insurance company “needs to have the longer-term alignment”, Borean said, adding that each situation needs to be viewed on a “case-by-case basis”....
...The extent of this split at Hipgnosis is unknown, although the company insists that a high proportion of the music can be fully commercialised....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...The group’s results were buoyed by strong growth in its credit and insurance business, which has $330bn in assets and helped propel Blackstone’s overall assets to $1.1tn....
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