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Company reveals results that show impact of inflation on general insurance business.
Life Insurance Corporation garners $71bn valuation after government sells 3.5% of group
The dominance of the Mumbai-based group is now under threat
Rising premium prices lift revenues for German insurer as well as for Swiss rival Zurich
Industry executives back Amanda Blanc, who was told she was ‘not the man for the job’
Total costs over Allianz Global Investors’ ‘structured alpha’ fund settlements rise to €5.6bn
FT Money readers reveal mixed results as they renew their premiums
Financial Conduct Authority concerned about rising costs for leaseholders since 2017 Grenfell Tower fire
George Culmer ‘flabbergasted’ after series of comments aimed at senior women at insurer
The Ping An chair engineered an activist attack on HSBC, demanding the lender split its Asian and western operations
Group estimates hit of $283mn including likely aviation losses and warns this may rise
Insurer warns rising cost of claims is not reflected in market prices
Bank is caught between Washington and Beijing
‘Hard market’ to be extended by billions of dollars of payouts and inflation, say experts
Largest shareholder adds to pressure on UK bank struggling to balance Chinese and western interests
Vote hands big victory to insurer’s chief in boardroom battle that has gripped corporate Italy
The biggest cloud hanging over insurers exposed to the conflict relates to commercial airliners that remain stranded in Russia
Government says reform of EU’s Solvency II regime will unlock billions for green projects
Finance ministry official defends ‘right sized’ offering for giant state-owned insurer
Departure will take place once a successor is in position at UK savings and investment group
Seven-month fight over Italy’s largest insurance group has raised fears over lasting recriminations
The Ukraine crisis demonstrates how far businesses have become a target for sanctions or retaliation
Safest course for minorities is to assume low-cost derivatives may feature in the strategies of both factions
Cost of living squeeze may drive short-term switching, but rule changes point to decline over longer-term
Climate group Extinction Rebellion barricades one of City’s best-known buildings
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