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...cap, while using western-based insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...Intel has been in talks to raise financing for an aggressive buildout of semiconductor fabrication plants as it shifts supply chains from Asia to western Europe and North America and modernises its chipmaking...
...which is owned by MassMutual, one of America’s biggest life insurers....
...Several European carmakers, including Volkswagen and BMW, are unaffected because Baltimore’s Sparrows Point terminal, on the site of an old steelworks, is downstream of the bridge and remains open....
...Apple, Amazon, BMW, Goldman Sachs, KPMG, Walmart and Meta....
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Shares of companies with large auto-insurance businesses — ones that trade without the protection of Warren Buffett’s imprimatur, at least — have started to reflect those issues....
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
...But it described the accident as “an exceedingly rare event” that had not been included in any of the scenarios outlined by regulators or insurance industry bodies, nor come up in its “millions of miles...
...Our research into the $15tn homeowners’ insurance market finds this phenomenon is a result of state-level price regulation, a pervasive feature of the market....
...Future of Asset Management North America Hosted by the Financial Times, in collaboration with Ignites and FundFire, Future of Asset Management North America is taking place on September 27-28 at etc.venues...
...insurance company....
...But one can hardly blame the insurance companies for their reluctance to be in these markets given the rise in the accumulation of risk in disaster-prone areas....
...In 2022, these funds raked in a net $10.9bn in North America, up from what had been a record $4.1bn the previous year, according to data from FactSet....
...“This is not something I have seen before,” said Bryan Armour, director of passive strategies research, North America, at Morningstar. “I think it’s problematic....
...By region, retail sales in Asia Pacific, dominated by China, are expected to be three times the value of those in North America. While retail has led the way in digital migration, it is not alone....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...The move comes just days after VinFast announced plans to build an electric vehicle and battery factory in North Carolina....
...That’s why the company is seeking to buy what it calls “mini-MatchMoves” in markets in central Europe, Latin America and the US, he said....
...It was, amusingly, the exact amount of money I had to my name when I arrived in America from England, five years earlier....
...The company on Wednesday debuted the vehicles in Los Angeles, where it said it would spend $200m to establish a US headquarters as part of a push into North America and Europe....
...Several of the worst-performing companies in the index, including Hippo and Root, focus on personal lines of insurance such as home and auto....
...UnitedHealth Sector: HealtHCARE / HQ: Minnetonka, us America’s biggest health insurer has benefited from an uplift in healthcare spending and increased collaboration between its insurance and services...
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