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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...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...
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...The next key test for the insurance market will be the coming January renewals....
...The insurance industry is seen as having enabled slavery given its importance to global shipping....
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
...“The good news here is the insurance is in force,” said Neal on Thursday. “The boat is insured, the bridge is insured, the port authority is insured.”...
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...But the insurance industry is certainly pulling in its horns when it comes to cyber risks....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...from state-owned insurance companies....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Lloyd’s of London has agreed with its landlord Ping An to stay at its One Lime Street headquarters until at least 2035, in a mark of commitment to in-person trading at the heart of the City’s insurance district...
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
...own insurance cover in an attempt to prevent cancelled orders....
...Insurance companies are creating demand for healthcare insurance, the fastest-growing category. Shares of AIA are down a tenth in the past year....
...Insurance prices in Europe will have to rise, the chief executive of Lloyd’s of London has warned, as insurers react to the spate of extreme weather events over the summer....
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