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...followed reporting by the Financial Times that Dubai-based Paramount Energy & Commodities DMCC had traded a type of Russian oil last year that routinely priced above the G7 cap, while using western-based insurance...
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...The insurance sector is expecting a hefty bill....
...Early on Tuesday, rescue officials in Baltimore said two people had been removed from the Patapsco river....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...river....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...The Environment Agency, the regulator, revealed last month that companies pumped raw sewage into British rivers and seas for a record 3.6mn hours last year, more than double than in 2022....
...Other water companies have high gearing too, built up in the decades since their 1989 privatisations....
...The BBC has agreed to sell the Elstree studio complex that is home to soap opera EastEnders to French insurance company Axa, providing a financial boost of up to £70mn for the cash-strapped broadcaster....
...It’s not a shock that corporate debt markets are healthy right now — economic growth is rolling along and rates markets are no longer pricing in recession, reducing companies’ incentive for waiting — but...
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...“The insurance industry has a problem in that region for the foreseeable future.”...
...Saga’s ocean cruise division exceeded expectations, posting underlying profit before tax of £35.5mn, up from £700,000 in the previous year, while the river cruise segment reported underlying profits of £3mn...
...And despite the threat of tougher enforcement, the policies have never been cheaper, thanks to an increasing number of insurance companies entering the market....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...Barings won a preliminary injunction against the company and key employees in a North Carolina court last month....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...,” which is Florida’s state-run insurance company....
...The River Tyne is a stone’s throw away.At the start of the 20th century, about half of the world’s ships were being made in north-east England, alongside the rivers Tyne, Wear, Blyth and Tees....
...From the river to the sea, Palestine will be free . . . Glory, glory for our martyrs!”...
...Stretching from Third Avenue to the East River — East 79th to East 96th Streets — Yorkville is park-rich, family-friendly and almost entirely tourist free....
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