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...Mitsui chief executive Shinichiro Funabiki told the FT last month that the group had decided to focus its growth plans on London, and MS Amlin in particular, because of the city’s “history and expertise”...
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...The Voluntary Carbon Markets Initiative, an industry group whose supporters include The Children’s Investment Fund, also welcomed SBTi’s decision....
...Legal & General did £3.2bn of deals last year, Just Group £0.4bn in the same period and Pension Insurance Corporation a cumulative total of £2.5bn as at June last year, while Rothesay does not do any, according...
...Corporate records show that Swiss-registered Paramount SA entered voluntary liquidation earlier this month. Troost founded Paramount SA in 2017....
...The price rises have sparked concern among insurance buyers and consumer groups....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The group said its motor business had now “turned the corner” as it pushed up prices, adding that policies sold in the second half were estimated to achieve a net insurance margin — a new measure which calculates...
...Total returns for the group’s shares have underperformed the Stoxx 600 insurance sector by a third over the past three years....
...Some policies may include your children but have a condition that they are in full-time education and travelling with you as part of your group trip....
...group, and then reinsure losses above that at Lloyd’s of London....
...Insurance groups are now bracing themselves for billions of dollars of losses stemming from the accident, with reinsurers likely to foot the bill in a legal fallout expected to last for years....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...That’s partly the result of pressure from climate groups which argue that transition plans should consider risks to stakeholders ranging from oil-rig workers to endangered species....
...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!...
...“2023 was a year of transition and transformation,” Krupa said, adding that this year would be “decisive” for the group’s reboot....
...“The real challenge for both Airbus and Boeing is they are both running behind on their plans to increase monthly production. A lot of that is supply chain pressures....
...Cruise’s response has been straight out of the crisis-management textbook, from the external investigations it has launched into its technology and handling of the accident to the voluntary recall of its...
...In January, it dropped its plans to expand its daily oil production capacity by 2027 in a major policy reversal....
...A surge in insurance prices has repaired damage to its underwriting margins....
...Part D plans....
...Another option is insurance....
...The group has hailed recent momentum in the US, where it says it has sold record numbers of individual life insurance policies this year while cumulative volume from bulk pension deals since 2015 has passed...
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