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...“We are not making it more difficult for leaseholders in those buildings,” she said, adding that the group was underwriting 10,000 new leaseholders after opening up its standard property insurance policy...
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Now the world’s largest tea company owns zero plantations, and just has to worry about ensuring its suppliers adhere to its new ESG standards....
...Online delivery problems are a complaints category all of their own (if you ever run out of things to talk about on a date, this is a sure-fire winner)....
...This evokes memories of the long-running, and very expensive, payment protection insurance scandal. Any lenders funding motor finance should worry about how this problem could mushroom....
...Any new standards would then need to be approved by the organisation’s safety committee....
...For decades, companies (and their customers) have reaped the economic benefits of outsourcing manufacturing to countries with weaker labour and environmental standards....
...He lives in north Wales where he runs a web design company, plus a YouTube channel that dispenses investment tips. “I’m at around £250,000 now,” he says....
...The move has drawn fire from critics who say it risks making the insurance sector less stable....
...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...
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...A record total of blue bonds has been issued by companies and countries this year, Nordea says....
...At the moment, some $5.6tn of cash sits in these funds, according to the Investment Company Institute, up from $2.6tn a decade ago....
...But that is not necessarily a sure-fire signal of a strong economy. What matters is the nature of those jobs — and which way the market is headed....
...“I’ve had a few companies sell [for] 90 cents on the dollar to make sure they make payroll. All of these companies have the SVB effect,” said one venture capital investor....
...Last month the Prime Minister set out the new Advanced British Standard to ensure all school leavers reach minimum standards in maths and English....
...There have been multiple ESG-related incidents this year, including a platform fire that killed two workers in July and a February storage terminal fire that killed five....
...From April sixth, employees National Insurance will be cut by another 2p, from 10% to 8%. And self-employed national insurance will be cut from 8% to 6%....
...The thing that’s really going to fire up the stock market in the UK is unlocking these vast pools of pension money....
...“Fire safety is obviously very important,” says Engi Meacock, “but unfortunately a lot of biomaterials have yet to be certified for fire safety (due to the complexity and cost of the process), which can...
...However even if more investment is poured into the companies it’ll take time to fire up, so the UK is likely to lag other advanced economies, which are forecast to cut interest rates more quickly....
...Switzerland is a common destination for one percenters in need of relocation reassurance thanks to its favourable taxes, high standard of living and superb schools....
...Parts of that network are financially fragile: rating agency Standard & Poor’s estimated in June that the mainly state-owned distribution companies that supply consumers had accumulated losses of about $70bn...
...The three banks clubbed together to fire off letters to regulators at the Fed, Federal Deposit Insurance Corporation and Office of Comptroller of the Currency, claiming that the change would allow them “...
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