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...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...“We are not trying to poke the bear.”...
...It’s not a shock that corporate debt markets are healthy right now — economic growth is rolling along and rates markets are no longer pricing in recession, reducing companies’ incentive for waiting — but...
...“As long as Bear Bear [her pet] is happy, we are happy,” Hung told me. But there is a grim side to this picture....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...Despite some prominent losing bets like Tesla and some large technology companies, Chanos never lost his sceptical bent, telling the FT in 2020 that “we are in the golden age of fraud”....
...The idea, said Frank Vivier, Richemont’s chief of transformation, was to move beyond the analogue era where insurance companies, watchmakers and police communicated little and victims were left in the dark...
...It is the smaller operators that are expected to bear the brunt, according to Beckett....
...Bears facing extinction?...
...Those incentives might also include tax credits for training, National Insurance deductions for hiring older workers, or pooled provision of occupational health and training for smaller companies....
...One of these days, some life insurance company is going to get whacked on their private credit . . . You can have a run on a life insurance company.”...
...But JPMorgan stole a march on rivals with its purchase of First Republic after the collapse of the California-based lender, hearkening back to the period when the bank scooped up firms such as Bear Stearns...
...Bear in mind that any savings in joint accounts with your spouse will automatically go to them....
...When a scheme’s corporate sponsor pays an insurance company to fully assume the obligations of the scheme they ‘buy-out’. They effectively hand over the keys and walk away....
...private (FT) René Benko’s Signa property group files for insolvency (FT) Deutsche Bank chief says EU should consider scrapping bonus cap (FT) LME wins High Court ruling over cancelled nickel trades (FT) Golden...
...Turkey’s Yasa Holding, which manages the Yasa Golden Bosphorus, said the vessel’s voyages have all used western insurance and complied with the G7 rules, including the requirement that any shipment of Russian...
...Senior executives at a state-owned insurance company have also been told to not wear expensive clothes to work, said another person with knowledge of the matter China’s richest 0.001 per cent own a greater...
...The broader principle, that a company should bear a certain level of legal responsibility for any abuses perpetrated in the making of its products, is by now hard for a reasonable person to dismiss....
...The companies were bound by a shareholding relationship, multiple golden parachutes for retired Sompo executives and a stint of work at Sompo for the Bigmotor founder’s son....
...This playful back-story also bears out the sense of personality that animates Miyazaki’s characters....
...The autumnal hue with their spectrum of reds, oranges and golden yellow leaves....
...SocGen and Brookfield said the fund was expected to meet the needs of insurance companies for investment-grade products....
...“We do not know what Psyche looks like,” said Elkins-Tanton, who suggested it might be a place of giant cliffs and bear the scars of greenish-yellow lava flows from sulphur-rich volcanoes....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
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