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...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...Europe’s second-biggest insurer, which cemented its focus on property and casualty insurance with the $15.3bn acquisition of XL in 2018, said it would prioritise dividend growth and annual share buybacks...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...companies....
...Yet many of the companies operating there are not insured. According to Axa XL, of the 4,400 operational LEO satellites in 2021, just 47 were covered....
...An index of specialist catastrophe bond funds has climbed 19 per cent in five years, according to insurance database Artemis. What might XL fetch?...
...Hoad said the model could work across speciality lines of insurance, where start-ups’ data edge in niche areas could mean more competitively priced coverage....
...Khokhar singles out AI ethicists as another growth area, a job speciality that has been a facet of Big Tech companies for years. It is now spreading as more advanced AI embeds across industries....
...“Insurance companies are bombarded with . . . information and all of it is different,” explains Richard Hartley, Cytora chief executive....
...But its speciality business agreed to insure thermal coal mining company Global Mining Holding Company, LLC, and its subsidiary Signal Peak Energy for up to $2mn, for the two years to November 2023, according...
...“We have gone from a relatively loss-free market over the past 20 years to a market that is suffering serious losses,” Tom Bradbrook, executive director at Howden’s speciality insurance business, told the...
...Catastrophe insurance is a leading indicator....
...credit and capital markets that are removed from its historical speciality in buyouts....
...Situated at the nose end of a wedge-shaped group of seven ornate 19th-century buildings that used to house the La Equitativa insurance company (more recently Banesto bank and Santander), it is part of a...
...European co-ordinator at Insure our Future Lindsay Keenan said Munich Re’s decision sent a message to the insurance industry and energy companies that they could struggle to find cover if they do not “align...
...In 2019, FIS acquired Worldpay for more than $30bn in a deal aimed at blending its payment processing strengths with Worldpay’s speciality in handling merchant payments....
...The safest bet is to pick a company from day one and run with them until the end....
...Summit Health has more than 370 primary, speciality and urgent care clinics in the US....
...The insurer said its Axa XL unit, a commercial insurance specialist and reinsurer, had shown resilience despite claims linked to Russia’s invasion of Ukraine....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...Those seeking reinsurance in speciality areas such as aviation and marine also had to contend with the “most challenging renewal in a generation, reflecting the potential for large losses from the Russia-Ukraine...
...But that integration has not been without its problems, with the head of Axa XL being replaced in 2020 at the same time that it downgraded an earnings target for the unit....
...About 26mn Americans or 8 per cent of the population do not have health insurance....
...A little clarity emerged in an update from UK speciality insurer Lancashire on Thursday. It estimated its ultimate net losses in Ukraine would be between $20mn and $30mn....
...Capita completed the disposal of four businesses: AMT Sybex, Secure Solutions and Services, Speciality Insurance and Trustmarque....
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