According to Bloomberg, Meiji Yasuda will acquire full ownership of L&G’s US protection business while also securing a 20% economic stake in its US PRT unit. Additionally, the Japanese insurer will purchase a 5% equity stake in L&G. The transaction is expected to close by the end of 2025, pending regulatory approvals.
Over the next decade, it invested billions in various sectors, including coffee, quick-service restaurants, fragrances and veterinary services, prioritising industries with stable demand. However, after reassessing the returns on those acquisitions, the company shifted its focus to insurance.
Damage to farm buildings was also widespread, particularly to roofs constructed from fibre cement or galvanized steel sheets. Roof debris caused further damage to nearby structures and machinery, while holes in roofs left storage facilities exposed to water ingress, affecting cattle feed, fertilizer and hay. In some cases, asbestos sheeting contaminated animal feed, requiring entire stores to be disposed of.
“WTW delivered a strong second quarter, generating significant EPS growth and margin expansion through robust organic growth, operating efficiency, and the continued execution of our transformation program,” said Carl Hess, CEO of WTW, in an earlier statement on the company’s long-term financial strategy.
“With the UK continuing to experience economic volatility, businesses and households are already faced with difficult financial pressures,” he added. “By investing time, money and efforts into pursuing false claims and dealing with them in the strongest means possible, we can help deter would-be fraudsters and protect our customers.”
“A full-blown trade war is a major concern: the resulting loss of economic activity and the return of inflationary pressures would likely undermine investor confidence, keeping them in a prolonged ‘wait and see’ mode,” said Ana Boata, head of economic research at Allianz Trade. “At the same time, increasing polarisation, already evident in many countries, imposes significant economic costs while intensifying social divisions.”
ARCP allows investors, including smaller funds, family offices, and ultra-high-net-worth individuals, to participate in Lloyd’s risk with a minimum investment of US$5 million through Ariel Re’s Syndicate 1910. The platform eliminates the need for investors to establish a Lloyd’s Corporate Member, making it more accessible to a wider range of capital providers.
KPMG emphasized that reinsurers should seek to limit their handling of PII whenever possible and implement strict security controls to manage sensitive data. Compliance teams play a key role in ensuring adherence to international data protection laws, which may include access restrictions, employee training programs, and response protocols for potential breaches.
“Since joining Lloyd’s as deputy CFO, Alex has played a vital role in improving our financial strength, including recent ratings upgrades, building our investment proposition, and transforming market reporting,” said John Neal, Lloyd’s chief executive officer. “She is a respected member of the executive committee, and I am confident she will continue to drive our strategic priorities as CFO.”
Inside the conference, protesters interrupted proceedings with speeches and theatrical performances, presenting testimonies from individuals affected by climate change. Outside, a model of a green sports car, designed to appear as though sinking into floodwaters, was displayed as a symbol of the perceived consequences of fossil fuel investments.
© 2025 Next Employment. All Rights Reserved. Privacy Policy | Website Terms | Sitemap
