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...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...These challenges mean that some see local capital, not foreign, as the long-term solution....
...The insurance company Chubb was attacked by employees and investors earlier this month after it posted $91.6mn to cover Trump’s defamation damages to E Jean Carroll in the sexual assault case....
...“There are all kinds of reasons why price caps may not necessarily be the solution,” he told the November gathering, arguing that Russian oil exports were necessary to stop food prices soaring....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...In privatised America, it’s starting to seem like utilities and insurance costs are the way everyone pays to fix yesterday’s mistakes....
...American International Group and Chubb have curbed insurance sales to affluent homeowners in high-risk areas....
...It insures more than 850mn accounts at 4,700 lenders, and is charged with finding a solution when any of them fail....
...“Is there ever a perfect security solution? No. It never exists,” he tells me....
...The anniversary, though, offers the chance to ask if the UK is paying a sufficiently broad insurance premium. Possibly not....
...K-SURE, the South Korean government export credit agency, has withdrawn insurance needed to underwrite SK E&S’s investment in the Timor Sea project....
...But Swiss Re Corporate Solutions America, part of the group’s commercial insurance arm, has agreed to provide cover for claims of up to $20mn to Buckskin Mining Company, valid from March 2023 until March...
...And people are hungry for solutions right now....
...Actis has promoted Neda Vakilian, head of the firm’s investor solutions group, and Davi Carvalho Mota, director of its long life infrastructure strategy, to partners....
...Andrew Correll, insurance solutions director of SecurityScorecard, which rates companies on their cyber security defences, predicted confusion in the aftermath of an incident as insurers seek to argue it...
...These solutions aren’t very complex, nor do they require new deposit insurance structures based on economic theories that have regularly failed to conform to our human-centred reality in practice....
...The best solution for the economy in the long run may not be the cheapest....
...The Center for Global Policy Solutions believes robotaxis will cost about $0.75 per mile to run, including insurance and maintenance....
...Blackstone, meanwhile, invests on behalf of insurers such as Corebridge through its insurance solutions division....
...What will Medicare, US health insurance for those over 65, pay for? Pearl didn’t come cheap: without insurance, insulin pumps and supplies cost thousands of dollars....
...But it’s still not a perfect solution. “The fly in the ointment is tax on the rent from the house at 40 per cent,” he says....
...“There is not a solution for every place, but there is a solution for every person.”...
...The agency estimates the deal will cost the insurance fund $13bn. Why was JPMorgan allowed to buy First Republic?...
...Gabon’s deal will be cheaper in part due to the political insurance provided by the International Development Finance Corporation, a development agency backed by the US government....
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