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...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Imperial Brands: Shares advanced 2.8 per cent after the tobacco company embarked on the second half of a £1.1bn share buyback....
...Important because of America’s attempt to reroute its global supply chain away from China. Also shows the nexus of government and private industry that tends to yield bad outcomes....
...But these severe convective storms (or SCS) are bad news for buyers of home insurance. More localised than hurricanes, these are characterised by strong winds and hailstones....
...The Biden administration aims to increase domestic production of advanced chips from zero to 20 per cent of the world’s supply by the end of the decade, amid concerns that they could be cut off by a natural...
...IMF research suggests that a 1 percentage point spike in US rates led to a 90 basis point rise in other advanced economies’ bond yields, and an increase in emerging markets of 1 percentage point....
...“Our initiative garnered attention from major market players, prompting them to enhance the technical aspects of their insurance offerings by incorporating some of our findings,” says Chavez....
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...America,” said US commerce secretary Gina Raimondo....
...Michael Van Slooten, head of business intelligence in global insurance brokerage Aon’s reinsurance division, said there was “clearly more appetite [from reinsurers] out there”, adding: “[But] it’s still...
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...Alejandro Werner, director at the Georgetown Americas Institute, said he hoped that central banks in the region would in future be able to behave more like those in advanced economies and avoid interest...
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...Aon, one of the world’s biggest insurance brokerages, noted in a report this month that reinsurers had looked to “increase price and reduce coverage in a meaningful way” for Israel and the wider region....
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