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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...
...The company has not given a date for when the model will be incorporated into its self-driving cars....
...“This shows their confidence in meeting EU CO₂ compliance without the need of other parties — the fact that they don’t need the Chinese insurance policy shows CO₂ bullishness,” said Matthias Schmidt, a Berlin-based...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...However, carmakers are huge global companies with revenues often in the hundreds of billions of pounds....
...Insurance prices have soared to as much as £30,000 a year for drivers of JLR’s cars — which start from £33,000 for the Jaguar XE and go up to £160,000 for Range Rovers — prompting the company to offer its...
...Mike Hawes, head of the Society of Motor Manufacturers and Traders, which represents the UK car industry, said more incentives, as well as cheaper insurance deals and more charging points, were needed to...
...experts said echoed the payment protection insurance scandal....
...However, it remains unlikely that shipping companies will return to the Suez Canal, security experts say. 4....
...The company’s net debt stood at £2.28bn at the end of July, down slightly on the £2.29bn it had a year earlier....
...insurance customers....
...General Motors chief executive Mary Barra said this year that the company had ordered two “giga press” machines with the intention of using the technology for mass-market vehicles....
...One marine insurance expert said the liability insurance payout, including bridge damage, could rival the approximately $1.5bn paid after the crash of the Costa Concordia cruise ship in 2012, a record....
...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...
...They say the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency have exceeded their remit and could diminish the competitiveness of US banks by unilaterally...
...“These astonishing returns make it easy to forget that 2023 saw the collapse of Silicon Valley Bank and the near-demise of many companies in the ecosystem that it helped support,” said Alex Campbell, head...
...The company is already making some small steps towards this....
...Authorities declared an agricultural emergency in two central regions, freeing up funds to help farmers feed animals and provide support for insurance claims....
...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...
...The only payout was made to a promoter trading as Terminal V for its event, Trick Scotland, the Treasury said....
...After a quiet start to the week for earnings, the results calls will pick up during the coming few days with insurance a strong theme in the UK as Aviva, Legal & General, Hiscox and Royal London report figures...
...A few services categories look persistently hot, especially auto insurance....
...Scaringe told a local radio station that the Normal area, with a diverse economy that includes agriculture, universities and the headquarters of the State Farm insurance company, was different from other...
...Last month, the firm merged its credit and insurance arms in the hunt for its next trillion....
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