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...In December it agreed a $13bn acquisition of US broker NFP, expanding the business it does with mid-sized companies....
The artist putting ‘forgeries’ inside the V&A, a history of London’s most emblematic tree and mid-century furniture hunting with the New York design set’s secret weapon.
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
...For 40 years, a 12th-century walrus-ivory carving on loan to the V&A in London has captured the imagination of museum visitors....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...at the V&A....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...Under the old pricing system, which had not been updated for half a century, premiums rose on average 8 per cent annually....
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...into bank parent companies....
...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...Also in the group is Manuel Sánchez Rodriguez, a former top executive at Spanish bank BBVA and a board member, since 2018, of the US government-backed mortgage insurance company Fannie Mae....
...Pollock cites the evolution of “Japanese Modern” furniture — developed in the mid-20th century by designers such as Isamu Kenmochi — as an example of functional craft that blended Mingei and modern design...
...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....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Bridges have suffered from a mix of intensifying use, the increasing age of assets constructed during the US’s mid-20th century economic boom, and lack of funding for repairs....
...The first horse owner in half a century to notch consecutive wins at Britain’s Grand National, will not be unseated by Boeing’s new handicap....
...the company in as many years....
...The news will also come as a setback to attempts by Lloyd’s to bring more investors into the insurance market, which is a centuries-old hub for specialist commercial insurance and reinsurance....
...For most workplace pensions that allow direct contributions from salaries, extra payments are also exempt from national insurance premiums, Little points out....
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