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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...
...Lawyers’ fees account for just over half of the cost, with another third paid to insurance advisers....
...The Australian businessman’s company Greensill Capital, which counted former UK prime minister David Cameron as an adviser, collapsed in 2021 after failing to renew its insurance cover....
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...One in four of the companies surveyed already offer private medical insurance, rising to almost half for groups employing more than 1,000 people....
...Although prestigious and highly valued, the prime London estate yields less income than riskier ventures and assets....
...With India in the middle of national elections, the incumbent Bharatiya Janata party — led by Prime Minister Narendra Modi — has promised to improve health services....
...Greensill Capital, which once boasted former prime minister David Cameron as an adviser, collapsed after it failed to extend the insurance cover that was crucial to its business of securitised loans....
...The second legal action claims there was a potential conflict in Tripathi’s “close connection” to another company — dubbed “Co V” — which was regularly invoiced by Signifier for “items that were not properly...
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...An Ipsos poll published this week found Tory support had fallen to a record low of 20 per cent, the worst rating for the party since the company began its poll in 1978, suggesting a potential Labour landslide...
...But in terms of the internal battle within the Tory party, the national insurance cut has done its job, in that Rishi Sunak is still prime minister....
...He added: “That depends when the prime minister chooses to call the election.”...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Prime Minister Rishi Sunak promised in 2022 to cut the basic rate of income tax from 20p to 16p if he won the next election....
...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...
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...America’s home insurance crisis: Rana Foroohar uses her own experience to explain the difficulties of finding affordable home insurance in the US....
...Greensill was the eponymous company of Australian financier Lex Greensill, whose connections to former UK prime minister David Cameron sparked a lobbying scandal when the company collapsed....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...Including mortgage payments, mortgage insurance and property taxes, he pays $3,500 per month more today than what he spent on rent at the family’s last home....
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