Hints and tips:
...The Army Corps of Engineers will work with the US Coast Guard to remove the collapsed bridge from the bow of the ship....
...2011 and 2021, according to Aon, an Illinois a global consulting firm and reinsurance broker: The main takeaway so far is that Allstate could be at risk for downgrades from ratings firms, say CreditSights...
...In the global room, a 2012 photograph by Alexander Luna feels symbolic of this never-ending fight for first peoples’ rights....
...The predictive models, insurers said, are not keeping up with the acceleration in the frequency and severity of extreme weather caused by global warming....
...Global warming is changing the nature of extreme weather events causing them to be more frequent and intense because of the rise in global temperatures of at least 1.1C as a result of human activity since...
...Biden’s immediate goal of bringing oil prices down also undercuts one of his three main priorities — tackling global warming. Remember the “three C’s”?...
...JPMorgan Chase’s global head of credit trading, Guy America, is leaving the bank, according to Reuters....
...And a big chunk of the insurance companies’ own losses, in turn, were covered by reinsurance groups like Munich Re....
...In Apurímac on Wednesday, indigenous villagers forced Chinese-controlled mining company MMG to halt production at Las Bambas, which accounts for some 2 per cent of global copper supply....
...finance minister, testify in front of a parliamentary finance committee about the sovereign wealth fund Poland, Constitution Day marking the constitutional declaration of May 3 1791 Japan, Constitution...
...Its new measures affect exports to Russia from outside of America if they are made using US technology....
...For many of its domestic advocates, American exceptionalism offers the comforting notion not only that America is globally best — by dint of wealth, power, constitution, ethos, geography or any other advantage...
...In years when there were few natural catastrophes such as 2014, 2015, 2016 and 2017, the investors who had put money into reinsurance instruments earned returns of about 5 per cent, according to S&P Global...
...Follow the money (2): Insurance and reinsurance companies are likely to pull back their investments in insurtech because of the crisis, according to The Insurer....
...SoftBank’s interest comes at a critical time for the reinsurance industry, which has been beset by years of falling prices — and profits — as a flood of new capital has entered the sector....
...It added to its stakes in Bank of America, US Bancorp and the Bank of New York Mellon....
...Weil, Gotshal & Manges has hired Joseph Pari as a partner and co-chair of its global tax department. He joins from KPMG. Barclays named 85 new managing directors. See the list here....
...SoftBank and Swiss Re have confirmed the collapse of talks over the Japanese company taking a minority stake in the reinsurance group....
...The toned-down coverage of Made in China 2025 has been accompanied by an unusual reduction of state media coverage of Mr Xi....
...In addition, the catastrophes are a reminder of the relevance of large global re/insurers and their role in tackling the large worldwide insurance protection gap.”...
...A superfluity of that is depressing returns in global reinsurance. Net profits have fallen at a compounded rate of 12 per cent over the past three years....
...His latest deal, the attempted purchase of a 20-30 per cent stake in reinsurance group Swiss Re, certainly looks right out of the Buffett playbook....
...Greg Abel, who runs the Omaha-based company’s energy division, and reinsurance chief Ajit Jain were both elevated to the board of directors at the sprawling US conglomerate and investment house, bringing...
...Multinational insurers with US operations have hit out at the Republican tax plan that is on the brink of becoming law this week, claiming the reforms will make them victims of “America first” protectionism...
...An attempt to acquire up to 30 per cent of Swiss Re, the reinsurance group. The question everyone is asking is, why?...
International Edition