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04.02.26 - 14:48
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Specialist UK insurer Beazley agrees to £8bn takeover by Zurich (The Guardian)
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Deal values cyber-attack specialist at a 60% premium and marks another loss for the London stock marketA British company specialising in insuring against cyber-attacks which also covers fine art and luxury yachts has agreed to be taken over in a £8bn deal, as it became the latest loss to the London stock market.Beazley said on Wednesday it had agreed the deal with its larger rival Zurich, after the Swiss company raised its bid for the Lloyd's of London insurer Continue reading......
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03.02.26 - 11:12
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4 reasons Lloyds shares might climb to £2 (Fool)
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What factors might spark Lloyds shares into surging all the way up to the £2 mark? Our Foolish author sees four to keep an eye on.
The post 4 reasons Lloyds shares might climb to £2 appeared first on The Motley Fool UK....
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02.02.26 - 16:03
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Radian Completes Acquisition of Inigo, Becoming a Global Multi-Line Specialty Insurer (Business Wire)
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WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that it has completed its strategic acquisition of Inigo Limited (“Inigo”), a specialty insurance group underwriting through Lloyd's of London. With this acquisition, Radian is expanding from a leading U.S. private mortgage insurer into a global, diversified multi-line specialty insurer, significantly increasing the company's product expertise and capabilities, and optimizing the deployment of its excess capital.
“Today marks an important milestone for Radian as we expand from our established position as a leading U.S. private mortgage insurer into a global multi-line specialty insurer,” said Rick Thornberry, Chief Executive Officer of Radian. “This acquisition advances our strategic focus to grow and diversify our business, while staying true to our core strengths in underwriting, risk management, and capital allocation. I am excited to welcome Inigo to Radian and look forward to collaborating with the team to leverage...
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02.02.26 - 08:12
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Lloyds shares: here are the latest growth and dividend forecasts (Fool)
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Lloyds shares have risen more than two-thirds in value over the past year. But can the FSE 100 bank keep rising? Our writer Royston Wild has some doubts.
The post Lloyds shares: here are the latest growth and dividend forecasts appeared first on The Motley Fool UK....
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29.01.26 - 15:24
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Lloyds boss warns bankers must ′reskill themselves′ to survive AI boom (The Guardian)
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Charlie Nunn says banks will be hiring staff with different skill sets as customer experience will 'radically change'Business live – latest updatesThe boss of Lloyds Banking Group has warned that bankers will need to “re-skill themselves” to survive the oncoming AI boom that stands to transform the financial services sector.Charlie Nunn told reporters on Thursday that while he could not predict the full impact that AI would have over the next decade, it was clear that banks would be hiring staff with very different skill sets going forward. Continue reading......
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