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...cap, while using western-based insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...The mechanics of the NAIC’s rule change (as described by Barclays, Bank of America, regulators, industry groups and various other sources) are . . . not especially simple....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...One marine insurance expert said the liability insurance payout, including bridge damage, could rival the approximately $1.5bn paid after the crash of the Costa Concordia cruise ship in 2012, a record....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...Trump’s lawyers last week said his team had spent “countless hours negotiating with one of the largest insurance companies in the world” in order to secure an appeals bond for the full amount, concluding...
...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....
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
...That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...In total, the 18 healthcare companies had assets of $7bn against liabilities of $8.3bn....
...Although governor Ron DeSantis and Florida lawmakers in 2022 tried to stem the loss of insurance coverage, the threat of hurricanes has insurance companies rushing for the exits....
...The excess supply led to a 60-per-cent slide in the price of lithium and drove bankruptcies of companies including Alita and Nemaska in Australia and Canada, respectively....
...The number of exits also fell sharply to 156, all bar five of which were via M&A. With a handful of companies expected to go public over the next 18 months, selectivity is key....
...These companies collectively underwrote about 70 per cent of US homeowners’ premiums, it said. The Treasury’s proposals have highlighted the fragmented nature of US insurance regulation....
...The fallout has already spread to other sectors including local insurance groups. The sector’s shares fell on the back of investors’ fears about their potential exposure....
...Future of Asset Management North America Hosted by the Financial Times, in collaboration with Ignites and FundFire, Future of Asset Management North America is taking place on September 27-28 at etc.venues...
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...which is owned by MassMutual, one of America’s biggest life insurers....
...It was unbelievable,” said Alisha Alaimo, Biogen’s North America head....
...Alongside America’s highways, billboards jostle for drivers’ attention....
...The North American country “has the potential to be as important as Brazil for us”, said Vélez, citing its large population of almost 130mn and higher income per capita....
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