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UK business insurance platform Simply Business is getting bought by US giant...
LONDON — Simply Business, the UK’s largest business insurance broker, is being sold to US insurance giant The Travelers Companies for $490 million (£400 million).Private equity-owned Simply Business,...
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Tesla owners are already getting insurance discounts for using Autopilot (TSLA)
Tesla owners in Ohio are now eligible for an insurance discount — and the move speaks to a much larger shift in the insurance industry.Root Insurance, a company based in Columbus, Ohio, announced in a...
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London's 329-year-old insurance market is setting up in Brussels to counter...
LONDON — Lloyd's of London said it would open a subsidiary in the heart of the European Union, the day after Prime Minister Theresa May began talks to take the UK out of the 28-state trading...
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This is the playbook used by London's 3 biggest rivals to take advantage of...
LONDON — Policymakers in Paris, Frankfurt and Dublin are aiming for "low-hanging fruit" as part of plans to challenge London's role as Europe's financial centre, according to a study by Sheffield...
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Here's how Warren Buffett used insurance to become one of the world's richest...
Most people know about insurance industry terms such as premiums (the money a policyholder pays every month or every year for an insurance policy) and claims (the money an insurer must payout when the...
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SURVEY: 82% of investors think more firms will set up in Europe because of...
LONDON — More than four out of five institutional investors believe more UK-based financial firms will establish subsidiaries in the European Union due to Brexit, according to a survey.A study by asset...
View ArticleA healthcare expert explains why you should think twice before taking an...
Dr. Elisabeth Rosenthal is the editor-in-chief of Kaiser Health News, author of "An American Sickness," and is a former physician herself. We asked her how to avoid getting huge surprise medical...
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A top financial adviser explains why he thinks annuities are a raw deal
With more than 30 years of experience in the financial industry, Ric Edelman has heard and seen it all, and there's one topic he's sick of: annuities."Annuity products are a very common sales pitch...
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A Warren Buffett-backed insurance tech company is going to help 'uninsurable'...
LONDON — A South African insurance technology company supported by Warren Buffett's Berkshire Hathaway is launching a life insurance product for diabetics in the UK.AllLife has partnered with Royal...
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Insurance companies are freaking out about Trump's Obamacare threats
Insurance companies are getting nervous about President Donald Trump's saber rattling on healthcare.Trump, in interviews and tweets in recent days, has raised doubts about whether the White House will...
View ArticleA healthcare expert reveals why you should fight costly medical bills
Dr. Elisabeth Rosenthal is the editor-in-chief of Kaiser Health News, author of "An American Sickness," and is a former physician herself. Rosenthal explains why you should fight costly medical bills....
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Luxembourg is emerging as the go-to destination for insurers fleeing London...
LONDON — The tiny state of Luxembourg is fast becoming the go-to destination for UK insurers looking to set up subsidiaries in the European Union after Brexit, with several more firms eyeing the...
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Tesla is pushing the insurance industry to prepare for massive disruption (TSLA)
Tesla is forcing insurance companies to seriously consider how policies will change as cars become safer due to advances in self-driving technology.The latest example is Farmers Insurance partnership...
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Some Tesla owners may see their insurance cost surge 30% (TSLA)
Some Tesla owners are about to see a hike in their insurance rates.US insurance provider AAA plans to raise its rates after seeing a high number of claim frequencies among Model S and Model X owners,...
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It just got a lot less expensive to fix your broken MacBook
Everyone has made the stupid mistake of dropping an expensive device.Usually it's a phone, followed moments later with the awful sound of the display cracking into dozens of pieces. Sometimes — even...
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Elon Musk slams AAA for charging Tesla owners more and encourages customers...
Tesla CEO Elon Musk told Tesla owners on Tuesday to consider changing insurers if they belong to AAA.Earlier this week, it was revealed that US insurance provider AAA– The Auto Club Group plans to...
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THE INSURANCE AND THE IoT REPORT: How insurers are using connected devices to...
This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here.Insurance companies have long based their...
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An insurance giant is shifting $130 billion into ethical investments
ZURICH (Reuters) - Swiss Re is switching the entire $130 billion it holds in liquid assets to track ethical indices, the latest move towards principled investments by the insurance industry.The world's...
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Insurance giant Lloyd's of London: Global cyber attack could trigger $53...
(Reuters) - A major, global cyber attack could trigger an average of $53 billion (£40.5 billion) of economic losses, a figure on par with a catastrophic natural disaster such as US Superstorm Sandy in...
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Here's what would happen if you broke your arm in 9 countries around the world
Lawmakers in the United States spent the past few months trying and failing to roll back some health-insurance requirements, but much of the rest of the world has been living under universal healthcare...
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