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The Latest Breaking News from Insurance

Historic insurance market Lloyd’s of London appoints new chief executive

Internal candidate Patrick Tiernan takes the top job, as the marketplace also transitions to a new chairman and finance chief.

Evening Standard

Moneysupermarket parent group saw energy deals surge ahead of price cap rise

Mony Group said it is on course to meet its full-year profit guidance after a surge in its energy and home services business.

Evening Standard

Insurer ordered to pay $750k for misleading contracts

HCF has been fined after a judge found the company misled customers with unfair life insurance contract terms.

AAP

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read the most diverse news in one place.

Has UK-India trade deal ‘sold out British workers’ as Farage and Badenoch claim?

Row over exemption of national insurance contributions for Indian short-term workers overshadows deal

The Guardian - UK

Five people break down their wellness budgets: ‘incredibly expensive and time-consuming’

Groceries, fitness classes and therapy all go under the wide umbrella of health expenses – and it all costs money

The Guardian - US

Ethical super fund says QBE ‘not joining the dots’ between fossil fuel projects and rising premiums

Australian Ethical, which holds $56m worth of QBE shares, calls on insurer to overhaul its policies which allow it to underwrite oil and gas projects without restriction before AGM

The Guardian - AU

NordVPN now includes identity theft recovery in its Ultimate bundle in the UK

NordVPN now offers identity theft recovery insurance for UK users.

TechRadar

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Lemonade Delivers Sweet Results, Price Reversal to Accelerate

AI-powered insurance provider Lemonade is on track to reach profitability next year and may exceed forecasts in 2025 because of increasing leverage.

MarketBeat

Tory Brexiters contradict Badenoch criticism of UK-India trade deal

Senior Conservatives praise deal and say tax exemptions for seconded workers are routine

The Guardian - UK

Claims for weather-related damage to homes and possessions hit record £226m

The ABI said it is the first time that quarterly claims for weather-related damage have topped £200 million.

Evening Standard

UK-India deal does not undercut British workers, says Trade Secretary

Opposition politicians have criticised a provision in Tuesday’s deal exempting some temporary Indian workers from national insurance payments.

Evening Standard

UK politics live: Kemi Badenoch talking ‘rubbish’ over trade deal criticisms, say Indian officials

New Delhi officials say Tories previously agreed to a two-year national insurance exemption which Kemi Badenoch now claims amounts to ‘two-tier’ tax

The Independent UK

Musk says SpaceX vision for Mars will save humanity as he continues to push human extinction fears

Elon Musk claimed Mars offered humanity ‘life insurance’ as part of a multi-planet civilization before Earth’s incineration by the sun

The Independent UK

Starmer in 'two-tier taxes' storm as Indian workers exempt from NI under 'landmark' trade deal

PM faces backlash after it emerges workers coming to the UK and their employers have been granted major tax exemption as part of free trade deal

Evening Standard

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Kiplinger

How to Get Your Finances Back on Track After a Divorce

Taking charge of your money after a divorce will feel daunting, especially when you're faced with a lower income. The key is tackling your to-do list in stages.

Evening Standard

Tariff cuts and tax exemptions for some workers agreed in UK-India trade deal

Ministers say the long-coveted agreement will add £4.8 billion a year to the economy by 2040.

Latin Times

Elon Musk Tells FOX Host That Mars Mission is 'Insurance' For Human Life, Predicts The Sun Will Eventually Destroy Earth

Elon Musk called Mars colonization "life insurance" for humanity in a Fox News interview, warning that Earth will eventually be destroyed by the sun.

Fortune

Hollywood runs a trade surplus and Trump’s tariff idea could jeopardize it

Unlike other trades Trump has sought to protect, the U.S. film industry runs a $15.3 billion surplus—more than that generated by the telecommunications, transportation, healthcare and insurance sectors.

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The Guardian - UK

‘A great perk’: seven ways to make the most of your employee benefits

From maximising your pension to free health checkups and discounts on holidays, your job probably has you covered

The Guardian - UK

Wes Streeting: I will defend the tax rises funding 8.3m GP appointments

Exclusive: Health secretary to challenge Reform on how it would fund investment in NHS

Barchart

Is Wall Street Bullish or Bearish on American International Group Stock?

Insurance giant AIG has notably outperformed the broader market in recent months, and analysts remain moderately bullish on the stock’s prospects.

The Independent UK

More than half of homeowners ‘improving rather than moving as costs bite’

The Compare the Market home insurance team revealed the cities where homeowners are most likely to be moving or staying put.

The Conversation

How Donald Trump’s tariffs threaten Canadians’ access to prescription drugs

If the United States imposes 25 per cent tariffs on exports from Canada, nearly all economists agree a recession is inevitable. Estimates are that between 600,000 to 2.4 million jobs are at risk.

The Independent UK

Who is Greg Abel, successor to Warren Buffett and Berkshire Hathaway’s ‘CEO in waiting’?

Billionaire investor Buffett – who will turn 95 in August – announced Abel as the man to take over his investing juggernaut back in May 2021

Salon

This might be the year of the layoff

The federal government isn't the only employer purging. Major companies are also letting workers go

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