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...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Standard Chartered has sounded out UK political heavyweights Sir Charles Roxburgh and Sir Sajid Javid as potential candidates for its next chair when José Viñals steps down....
...The move is an edict from Andy Sieg, who runs Citi’s wealth management division and joined the company last year from Bank of America....
...The company declined to comment. UL Solutions is owned by the non-profit group UL Standards & Engagement....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Standard Chartered’s outgoing head of investment banking has sold £9.64mn of shares days after the bank revealed he would be leaving amid a corporate shakeup....
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...The financial services plan will be launched on Thursday at a Labour business day attended by 400 business leaders, including from companies such as Google, Shell, AstraZeneca, Airbus and Goldman Sachs....
...the company in as many years....
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...into bank parent companies....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...Chief executive, and former JPMorgan banker, Matteo Del Fante has used both to good effect....
...“We still get the calls [from SVB] making sure we stand behind some of these companies, but it feels like there has been a tightening . . . standards have increased.”...
...Better building standards could curb rising losses. More investment in climate change mitigation could do the same....
...The Financial Stability Board, which includes the world’s leading finance ministers, central bankers and regulators, said on Wednesday that after assessing a series of recent market panics, many funds and...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...The expansion has fuelled disgruntlement among bankers, fund directors, insurance executives and others....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...When a bank fails, the least cost standard requires the FDIC to sell the bank to the highest bidder irrespective of the impact on competition....
...The tougher standards would affect not just global behemoths but also those with $100bn or more in assets, many of them supervised by the FDIC....
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