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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...
...Energy policy is just one of the areas in which the government is failing, according to business groups....
...One of Greensill’s major clients was GFG Alliance, the metals group of Sanjeev Gupta, which had borrowed $5bn from Greensill Capital....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...Decades of low prices have left cash-strapped west African farmers unable to invest in their plantations....
...Andrew Bailey dishes out tough love to British public Aggregate demand: UK homeowners secure £800bn windfall with house price rise Fiscal policy: Lower public borrowing gives Sunak room to stall national insurance...
...Refining and expanding this technology seems a sensible insurance policy in uncertain times....
...Brits may be even more obsessed: the veterinary charity PDSA estimates the UK’s pet dog population at 11mn, with owners spending an average of £1,500 per year on vet bills, kibble, grooming and insurance...
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...Applications of AI in insurance Similarly, AI’s ability to process data, spot patterns and make decisions is finding practical applications in insurance....
...Castleton was exonerated following the 2019 group litigation. Castleton was forced to represent himself after he exhausted legal insurance on a counter claim....
...Earlier this month, Denmark’s climate minister said EU farmers should pay for their greenhouse gas emissions....
...“This rally has Chinese characteristics written all over it,” says John Reade, chief market strategist at the World Gold Council, an industry lobby group....
...Davis Q4, Zurich Insurance Group FY Friday Germany: final Q4 GDP data and Ifo business climate survey Russia: Defender of the Fatherland Day....
...One of the biggest problems facing conservation groups around the world is negotiating with the landowners....
...Yes, freight and insurance rates have risen sharply and ships previously destined for the Suez Canal are being rerouted around Africa....
...The two other opposition groups — the centrist Third Way alliance and the leftist Lewica party — won a combined vote of almost 5mn....
...The insurance group’s life insurance division registered its highest ever profits, driving up group operating profit 12 per cent to $6.5bn....
...Some of its halo is now illuminating soda ash. In all honesty, a lot of FT business writers, me included, did not know what soda ash was until this week....
...Its chief executive Justin Ash said at the time that “last year saw continued change in UK healthcare, with even more people seeking prompt and safe private care”....
...For example, as well as extending loans to farmers, Apollo provides seeds and fertilisers, insurance products and advisory services....
...Real estate and construction groups shot higher: Kiler Holding rose by a tenth while Pasifik GYO and Kizilbuk GYO added 9.8 per cent and 8.7 per cent respectively....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
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