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...The company’s manufacturing processes needed a thorough review, said Clark, adding that its management should put aside concerns about financial performance....
...“To fix Boeing’s issues the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” Clark told the Financial Times on Tuesday....
...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...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...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...Insurance companies have lifted prices drastically in the past couple of years after spiralling inflation in their claims costs — as items such as car parts and second-hand cars became much more expensive...
...“Extreme weather events may not feel so rare as they used to as we grapple with a changing climate,” said Louise Clark, a policy adviser at the ABI....
...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....
...Nearly all of her games with Iowa have sold out this season, and she has built a sponsorship portfolio worth $3.1mn, including blue-chip brands Nike, Gatorade, Buick and State Farm insurance, according to...
...Remote working, by the way, is still most common in sectors such as communications, finance and insurance....
...“To fix Boeing’s issues, the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” said Clark on Tuesday....
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...Fossil fuel companies might come to COPs to talk about prolonging their industry, he said. “But we invented COPs to save the planet,” he added, “not save a few businesses.” pilita.clark@ft.com...
...Pilita Clark rightly chastises the “specious campaigns against so-called ‘woke capitalism’” that are causing big companies to pull back from taking serious action on climate change (“Orwellian doublethink...
...The model, in which Thames Water’s cash flows service different tiers of debt, tends to result in higher investment-grade ratings for top-ranked bonds than standard corporate bonds at companies with similar...
...pilita.clark@ft.com...
...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...
...Better building standards could curb rising losses. More investment in climate change mitigation could do the same....
...The agency reckons global efficiency rates would be doubled if every government adopted policies that matched: Lighting standards in South Africa Building codes in Turkey Car fuel economy standards in...
...“This is a crucial step towards building an AGI,” said Quoc V Le, a DeepMind researcher....
...More than 70 countries have now set a net zero target, along with nearly half of the largest 2,000 companies....
...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....
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