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...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....
...That, AM Best reportedly argued, left the market and insurance customers relying on outdated information and left the company at risk of breaching its own policies on prompt publication....
...also come under pressure because US regulators have pushed insurance group A-Cap to cut exposure to the group....
...instruments bought by companies to offset emissions....
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...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
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...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....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...
...Just ahead of the auction, though, a potential heir from outside the family, laid claim on the work, according to Austria’s Der Standard newspaper....
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...“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....
...Because UK handsets operate on the GSM standard, barred handsets can be shipped overseas and used on foreign networks with a new Sim card....
...Now the world’s largest tea company owns zero plantations, and just has to worry about ensuring its suppliers adhere to its new ESG standards....
...The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...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....
...This month, Transnet finally appointed a new chief executive, Michelle Phillips....
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