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...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Highlighting continued caution from regulators, the agency last month delayed an approval decision on donanemab, Eli Lilly’s Alzheimer’s drug....
...The company’s Geico auto-insurer, which had struggled to cope with payouts on claims for much of the past two years, showed improvement....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...There were also high numbers of collapses among German care homes and clinics as they struggled to pass on higher wage and energy costs to the health insurance system....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...The existing-home market is being squeezed by high mortgage rates, but the effects have been offset by the surge in new home sales, up nearly 20 per cent this year....
...A court allowed Tesla to collect vehicle registration plates from the Swedish Transport Agency while a legal case is heard against the agency, but a separate local court in Sweden ruled that the carmaker...
...Where that hits is in three portfolios: the auto portfolio, the home [mortgage] portfolio and the Treasury portfolio. The real value of all those portfolios will go up....
...Insurance companies like Prudential, MetLife and Allianz may push deeper into the alternatives market by striking investment partnerships with large private capital groups, or by acquiring them outright....
...The disclosure came days after rating agency Fitch stripped the US of its prized triple A rating....
...Likewise, for auto loans, people in their 30s are now falling behind on their loans at a faster pace than during the pandemic....
...Investors were buoyed by the fact that Geico, the company’s auto insurance unit, posted a second consecutive quarterly profit after more than a year of losses....
...companies like MetLife, fund filings show....
...But in some roadside locations the usual adverts for churches, auto dealers and drive-through burger joints have been joined by publicity for a more unusual topic: bank capital rules....
...Cars are highly taxed there, so his Mercedes E-Class E200 had cost him $125,000 — the same car in Switzerland, where auto taxes are far lower, costs around $50,000....
...Diyana Mukhadi, 36, an insurance agent in Kuala Lumpur, said she spends hours every day on TikTok and up to 300 ringgit ($66) monthly on home products, cosmetics and skin care products purchased through...
...The price of a typical home rose 32 per cent in Normal between January 2017 and January 2023, according to Zillow....
...But the agency’s primary goal was to resolve Signature in a way that safeguards its depositors. That meant finding them a new home, even if the deal terms were hardly advantageous to taxpayers....
...“El Niño has arrived,” Dwikorita Karnawati, head of Indonesian climate and meteorological agency BMKG, told reporters in Jakarta in early June....
...And one of Berkshire’s crown jewels — the Geico auto insurance unit — suffered its sixth consecutive quarterly underwriting loss....
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...Berkshire’s insurance unit suffered an operating loss of $962mn during the quarter, with Geico warning that higher used auto parts prices and an increase in accidents were weighing on its results....
...The air is simply coming out of all the bubbly EV plays; just as it has for the stay-at-home stocks like Peleton, Zoom and Carvana; just as it has for meme stocks like AMC and Gamestop; just as it has for...
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