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...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
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...Hartford Financial Services, which writes far fewer home insurance policies, is down just 5 per cent. Some states limit insurers’ ability to raise premiums....
...Something akin to this happened in August 2007 — a fire sale liquidation of quantitatively constructed portfolios which revealed a systemic risk in this part of the hedge fund industry....
...In the new document, Hartford-Davis and his co-author Zoe Bush write that nature-related risk has become more of a threat to directors thanks to a series of developments over the past year....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...Following the collision, the JAL plane caught fire as it skidded along the runway....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...Labour has come under fire from the Tories over its pledge to invest £28bn a year into its flagship green prosperity plan to boost low-carbon energy....
...Since then, the US backlash against ESG investing has turned its fire on insurance companies, after Texas Republican lawmaker Bryan Hughes reportedly wrote to large insurers with concerns about shareholder...
...Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud, The Wall Street Journal writes....
...But it described the accident as “an exceedingly rare event” that had not been included in any of the scenarios outlined by regulators or insurance industry bodies, nor come up in its “millions of miles...
...The thing that’s really going to fire up the stock market in the UK is unlocking these vast pools of pension money....
...“He’s a fighter,” says Bryan Eure, an insurance broker and Trump donor at the February 16 event. “There’s no coincidence that all of these court cases are happening all at once. It’s just ridiculous.”...
...The retraction undermined their original findings that those who signed a declaration at the start of a tax form and a car insurance company claims audit were more honest....
...Eight companies co-authored the report: asset manager Schroders, banks JPMorgan and Barclays, auditors EY and KPMG, insurance market Lloyd’s of London, cyber security company Glasswall and think-tank the...
...The firm alleges some of its senior employees “surreptitiously arranged the mass departure of 22 members” in a “co-ordinated mass resignation”....
...By ignoring the legal risks, boards are “playing with fire”, he believes. And this is not the only way in which climate litigation targets Big Oil....
...In March, Michael Lodge, secretary-general of the UN-affiliated International Seabed Authority (ISA), came under fire for allegedly steering countries to support certain deep-sea mining projects....
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