Sampo Group’s recommended cash acquisition of a majority stake in Hastings Group Holdings Plc SAMPO PLC INSIDE INFORMATION 5 August 2020 at 9:14 am NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. Sampo Group’s recommended cash acquisition of a majority stake in Hastings Group Holdings Plc Following the announcement of Sampo and Rand Merchant Investment Holdings Limited’s (RMI) potential interest in UK Property & Casualty (P&C) insurance company Hastings Group...
Continue reading...
Private investors, it seemed, had pushed Lemonade’s valuation too high. Just over a year ago, the buzzy insurance start-up was valued at $2.1bn (£1.6bn), with investors raving about its “accomplished founders tackling such a sizable industry”. But in the pricing for its float in June, the company said it was aiming for a market capitalisation of just $1.4bn. There were some who weren’t surprised. Lemonade, headed up by London-born entreprenuer Daniel Schreiber, is trying to digitise the insurance market and appeal to younger, millennial customers, using a AI-powered bot to set policies and process claims rather than brokers. Unusually, Lemonade operates what is known as a "giveback system...
Continue reading...
Football for Change UK, a new initiative aimed at aiding young people from disadvantaged communities, has been rolled out by Atlanta Group chief executive Ian Donaldson (pictured) with the backing of Liverpool FC star Trent Alexander-Arnold, retired footballer Jamie Carragher, and Everton FC’s Anthony Gordon. Sponsored by Swinton Insurance, the collaborative undertaking unites business leaders and Premier League stars in offering support to talented young people who face economic and social barriers to fulfilling their potential, as well as providing grants to organisations helping school leavers in deprived areas of the north west. “Football for Change is special,” said...
Continue reading...
The expanding risk of extremely hot temperatures has brought together for the first time a varied list of stakeholders to try to stem the deadly effects: mayors, insurance executives, scientists, building engineers, forest restorers, the Red Cross and more are banding together as 30% of the world already copes with deadly heat waves lasting 20 days or longer. Projections suggest heat waves will impact 75% of the planet’s inhabitants by 2100 if preventive measures are not implemented to mitigate their effects, especially on under-served population groups and major urban centers. The group’s No. 1 priority is a push for a standard practice of naming and ranking heat waves globally, just as...
Continue reading...
There are a number of important factors to think about when it comes to taking out a life insurance policy that is adequate to your needs. Give yourself a chance to explore all of the basic points of a plan and what it will involve. The future is a mystery. While you might not know what waits for you when tomorrow arrives, there are plenty of ways to protect your family and your investments. No matter what life might bring, you can create a better future by taking direct action today. One of the easiest ways to accomplish this is by taking out a life insurance policy. For countless people, life insurance is the difference between a comfortable future and a life of struggle for loved ones....
Continue reading...
BUFFALO, N.Y. (WKBW) — It’s a conversation no one wants to have, but for many it’s necessary. “You don’t know what’s going to happen if one of us is left alone,” said Amy Paoletti of Williamsville. Getting life insurance in a COVID-19 world has Paoletti and her husband looking at their options. “You see so many people of all ages dying and no one has anything covered because it just happened,” she said. Paoletti says with owning her own business, Amy’s Fine Jewelry in Williamsville and her husband working in healthcare, they’re both in contact with many people daily. They’re looking at their life insurance options in case something were to happen to either. “They look at your age, your...
Continue reading...
Longevity risk, insurance and financial risk management, demographics, automobile insurance, agriculture insurance Teaching Interests Life contingencies, financial engineering Background Hong Li's current research focuses on longevity risk, insurance and financial risk management, demographics, automobile insurance, and agriculture insurance. Hong Li is a Fellow of the Society of Actuaries and an Associate of the Canadian Institute of Actuaries. For more information, visithttps://hongliecon.weebly.com/ Recent Publications: Hong Li, Anja De Waegenaere, Bertrand Melenberg (2015). The Choice of Sample Size for Mortality Forecasting: A Bayesian Learning Approach. Insurance: Mathematics and...
Continue reading...
