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...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...She added that since many of the most advanced AI companies were currently based in the US, the American government’s expertise was key to both understanding the risks of AI and to holding companies to their...
...The action, which accompanies orders against two other companies, marks the first move by the department Gove leads to use legal powers under the Building Safety Act....
...People close to the tech companies said they were not legally obliged to change or delay their product releases based on the outcomes of AISI’s safety tests....
...due to fire-safety issues....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The landmark EU AI Act does not apply to AI systems that are “exclusively for military, defence or national security purposes”....
...A preliminary report by the National Transportation Safety Board found that four bolts meant to secure the door to the fuselage were missing....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...Meanwhile, organisations such as the National Association of Insurance Commissioners (NAIC) and the IMF have raised warning flags about hard-headed financial investors mixing themselves up in the retirement...
...The accident, which involved Boeing’s 737 Max 9, is being investigated by the US Department of Justice, the National Transportation Safety Board and the US Federal Aviation Administration....
...But whistleblowers, aviation safety experts and the union representing Boeing engineers have accused the company of retaliating against employees who have raised safety concerns....
...A preliminary probe by the National Transportation Safety Board found four bolts were missing from the door opening when the Alaska Airlines plane left a Boeing factory last year....
...Yet, while it has made its own past strategic mis-steps, Airbus has avoided the quality and safety traps Boeing has fallen into. In response, the US company has not stood still....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...The National Transportation Safety Board said once rescue efforts had concluded it would investigate the cause of the collision between the 300-metre-long Dali container ship and the busy bridge, which carries...
...Jennifer Homendy, chair of the National Transportation Safety Board, on Wednesday said its probe was expected to last 12 to 24 months, and authorities would speak to the pilots on Thursday....
...Monday’s report also called for bodies such as the National Infrastructure Commission, an executive agency that provides advice to the government, to be given a “broader remit and be less at the mercy of...
...According to the Office for National Statistics, the proportion of UK-listed shares held by insurance and pension funds has fallen since 1997 when the two sectors held a combined 45.7 per cent of UK quoted...
...Boeing has scheduled a company-wide safety meeting to discuss its response to a mid-air blowout on a 737 Max last week....
...The insurance sector is expecting a hefty bill....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
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