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...The expense ratio — 34.4 per cent last year — is likely to fall by two percentage points over the next few years, says S&P....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Letter in response to this article: Deep-sea mining start-ups should be careful what they wish for / From Aistė Klimašauskaitė and Eoghan P Reeves, University of Bergen, Norway...
...US defence secretary Lloyd Austin was hospitalised last week after complications following surgery to treat prostate cancer, his medical team said on Tuesday, the first significant details to emerge about...
...US defence secretary Lloyd Austin remained in hospital on Sunday as he faced criticism for concealing his medical condition, even from US President Joe Biden....
...The White House has brushed off calls for Lloyd Austin’s resignation as it sought to quell a mounting furore over the Pentagon’s decision to withhold information about the defence secretary’s hospitalisation...
...US defence secretary Lloyd Austin was hospitalised last week after complications from a surgery to treat prostate cancer, his medical team said on Tuesday....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the flash reading of 49.9....
...Lloyd’s insurer Hiscox’s tax charge was 6.7 per cent of profits in 2022....
...Most agree that an insurance sector that took in about $12bn in premiums last year, according to figures from S&P Global Ratings, is by no means large enough to cover a systemic cyber attack....
...The FTSE 100 index is down 4.5 per cent over the past year, compared with 22.96 per cent growth in the US S&P 500....
...Lloyds and Wells Fargo make an interesting comparison, and again Lloyds is tempting....
...German company Hapag-Lloyd, the world’s fifth-largest container shipping group, on Friday said it was “pausing all container ship traffic through the Red Sea” until Monday....
...group, and then reinsure losses above that at Lloyd’s of London....
...HY, Costco Wholesale Q2, Darktrace HY, Elementis FY, Entain FY, Funding Circle FY, Grafton FY, ITV FY, Kier HY, Kroger Q4, Lufthansa FY, Melrose Industries FY, PageGroup FY, Rentokil Initial FY, Robert Walters...
...Lloyd’s of London, the insurance market, has warned that extreme weather will push up insurance premiums....
...Communications Q1 Tuesday Bank of England chief economist Huw Pill speaks at the London campus of the University of Chicago, Booth School of Business EU, France, Germany, India, Italy, Japan, UK, US: S&P...
...S&P Global Market Intelligence has estimated more than 400 tankers operate within the shadow fleet, with estimates of the wider group of vessels at risk of breaching sanctions ranging into the thousands....
...Shares in Barclays, which reports on Tuesday, are down 9 per cent, while Lloyds Banking Group stock has fallen 8 per cent. Lloyds reports results on Wednesday....
...The allies also plan to use advanced AI algorithms on P-8 surveillance aircraft to increase their anti-submarine warfare capabilities....
...Economic data: S&P Global/Sips construction purchasing managers’ index readings for the UK are announced. German factory orders figures are published....
...My favourite building is Frank Lloyd Wright’s Fallingwater in Pennsylvania, the house designed above a waterfall that was built in the late ’30s....
...Here’s what I’m keeping tabs on today: Markets: The S&P 500 will be in focus today after the US equity index closed at a record high on Friday following strong results from Meta and Amazon....
...Lloyds Banking Group will appoint Nathan Bostock as a non-executive director from August. He is a former chief executive of Santander UK. He will replace Alan Dickinson....
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