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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...
...This is the fourth outing for Merrick, a high-ranking officer in the British security service, who’s on the trail of a Chinese espionage network infiltrating UK defence companies....
...One year on, bankers and investors still marvel that, for all that drama, the earth continued spinning on its axis, it was far from a Lehman Brothers moment....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...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...
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...Bowie’s archive includes letters, set designs, thousands of slides, contact sheets and transparencies from photographers such as Terry O’Neill and Helmut Newton, as well as costumes made by fashion designers...
...As for the west, it needs to think creatively about how to extend war insurance for the swaths of the country not under threat, a critical factor in encouraging companies to commit to rebuild....
...[MUSIC PLAYING] Marc Filippino Sources tell the FT that US insurance giants Cigna and Humana are considering a merger. That deal would create an American health insurance company worth about $140bn....
...The springy Anna Ol and a playful, expansive Victor Caixeta led the way, while Nina Tonoli and Kira Hilli energetically bent and stretched ballet’s vertical axis....
...Jeremy Darroch, former chief executive of Sky, receives a knighthood for making the company “the most valuable British start-up company created in the last 30 years when he oversaw its acquisition by Comcast...
...Separately, the Frankfurt-based European Insurance and Occupational Pensions Authority warned that greenwashing was having a “substantial impact” on consumers of insurance and pension products....
...It was the tenth anniversary of its spinout from French insurance company Axa, a deal dubbed “the robbery of the century” by a rival, and likely the best deal of Senequier’s investment career....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Longtime CME chair Terry Duffy was relaxed when asked about FMX....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“We have complied with all obligations under the insurance policy, designed precisely for this type of risk in this situation,” the company said....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Axis Re has stopped writing new property and catastrophe reinsurance business altogether. Scor is cutting back. So is Axa. A capacity crunch may already be here....
...His Lily of the Valley designs are exclusive to the V&A, as are the giclée prints of illustrations by Beatrix Potter and Edward Lear....
...The growing environmental disclosure requirements for companies around the world has also increased the risk to businesses, said Terry FitzGerald, head of financial and professional liability at insurer...
...Reinsurers provide crucial financial protection to insurance companies, which are likely to pass on the increased cost in their premiums. The hardening of the market partly reflects surging demand....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
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