Hints and tips:
Related Special Reports
...That, AM Best reportedly argued, left the market and insurance customers relying on outdated information and left the company at risk of breaching its own policies on prompt publication....
...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...“The SEC is searching for a problem,” Griffin told us....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...Better building standards could curb rising losses. More investment in climate change mitigation could do the same....
...“This is a crucial step towards building an AGI,” said Quoc V Le, a DeepMind researcher....
...The model, in which Thames Water’s cash flows service different tiers of debt, tends to result in higher investment-grade ratings for top-ranked bonds than standard corporate bonds at companies with similar...
...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...“We have argued strongly in favour of regulation to raise standards across the industry and protect consumers,” the company added....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...When a bank fails, the least cost standard requires the FDIC to sell the bank to the highest bidder irrespective of the impact on competition....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Underwriters have put in tougher exclusions on standard cyber policies for major state-backed cyber attacks, meaning such events will not typically be covered, unnerving some big commercial clients....
International Edition