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...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...due to fire-safety issues....
...White Oak, another Greensill investor, claimed in a separate lawsuit this year that some companies listed as owing Liberty Commodities money had “no transaction history whatsoever” with the group....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Co-op Live, a £350mn venue in Manchester backed by US investors Oak View Group, was supposed to open on Tuesday night with the first of two gigs by comedian Peter Kay....
...Its so-called shelf charter is a workaround to traditional curbs on private investors. Lieberman’s group was approved to run a bank holding company once Porticoes actually buys a bank....
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...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...In 1898, Wright used money earned designing glass tiles for Luxfer Prism Company to build a new studio connected to the house....
...Between 2000 and 2008, the Federal Deposit Insurance Corporation issued 1,243 new insured commercial bank charters, an average of 138 a year....
...Hankey may be playing with fire again....
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...supply chain finance company had should pay out....
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...the company in as many years....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...However, Michael Bodouroglou, chair of Athens-based Allseas Marine, said some companies seeking to charter his so called “dry bulk” ships had asked to take out of the contract a standard “wartime” clause...
...By contrast, the amount paid in claims during the quarter was up 11 per cent, as insurers paid out to cover fire, theft, weather, water leaks, and other events....
...Insurance companies have pushed up the costs of protecting homes, cars and valued possessions from loss and damage....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...Under bareboat charters, charterers take charge of crewing and other operational matters....
...The company’s interim payout dipped. Admiral shares should yield just over 5 per cent in 2024, according to Visible Alpha consensus....
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