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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....
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Warner’s total revenue fell 7 per cent from a year ago to $10bn, missing forecasts. The company posted a net loss of $966mn....
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
...A bidding war has emerged for French digital music company Believe after Warner Music Group said it planned to make an offer to buy the company for at least 17 euros a share, more than a recent proposal...
...Warner....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new streaming service later this year that will aggregate all of the sports broadcasts offered by their traditional TV networks....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a new sports streaming service later this year that will aggregate all of the games offered by their traditional TV networks....
...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...
...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...
...Like them, the new sports streaming companies hope that there is safety in numbers....
...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....
...The league’s current arrangement with Disney’s ESPN and Warner’s TNT allows for some games to be aired on ABC, Disney’s free-to-air broadcast network, and last autumn Warner began experimenting with simulcasting...
...Meanwhile, Warner is still digesting the acquisition of Warner Brothers from two years ago. This has disappointed on savings and profits. Warner’s shares are since down more than half....
...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....
...Like other legacy entertainment companies, Warner is facing a sharp decline in its traditional television business....
...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....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
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