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...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...After successive years in which global claims from disasters such as hurricanes and wildfires topped $100bn, some big insurers have pulled out of climate-exposed areas while reinsurers have driven up their...
...Updated filings show that this is in line with the company’s latest market valuation forecast. The RSUs could be worth about $21mn....
...“The retail investor just sees that ‘Oh, you got $40mn of funding and you’re going to be able to increase product lines, and better revenues mean the company fundamentals will go up’,” said Mark Basile,...
...Insured losses of $108bn for 2023 were broadly in line with the five-year average....
...The vast majority of catastrophe bonds offer floating rates, meaning that their yields can be put up in line with Treasury bond yields, without their prices falling....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Aviva said Lloyd’s, a centuries-old market selling specialist insurance and reinsurance covering everything from cyber attacks to hurricanes, was a “major source of untapped growth” for the FTSE 100 group...
...exposed Climate change: The new era of stronger hurricanes Changing spaces: Britain and the US are poor societies with some very rich people Changing places: Why are UK home energy bills going through...
...This is in line with Airbnb, which set aside about 7 per cent of its IPO offering for hosts. The public now has 15 per cent of Airbnb shares available for trading....
...As the companies have matured, user growth has settled into the low double digits (note Twitter has some missing data and Pinterest reports monthly rather than daily active users, but the slopes of the lines...
...Here’s the 2024 guidance in full from the corrected release, with the relevant line highlighted. In what world could 500bp be right?...
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
...According to Gupta Media, an ad agency, a $10 CPM is higher than TikTok or YouTube has received in the past three years, and in line with the highest CPMs Meta has recently earned....
...The first is the dollar-yen exchange rate — a line that tracks the yen, in early 2022, broke out of the narrow trading range it had occupied since 2016 and fell towards the multi-decade lows of about ¥150...
...His father built bridges and railway lines for the city of San Diego, where the family settled down. Samii remembers his father poring over architectural plans to work out engineering failures....
...The joy of this trend lies in the way that it has split households right down those old-school gender difference lines....
...Its $416.8bn mutual fund line, meanwhile, leaked $25.5bn, the database shows....
...That figure is down from $3.9bn in the same period last year, when Hurricane Ian pummelled Florida....
...The central government announced Rmb1tn in surprise borrowing in the fourth quarter, which analysts think will raise China’s fiscal deficit above 3 per cent of GDP — loosely considered its red line....
...Higher fee levels are set to kick in several months down the line, or once an ETF reaches a certain asset value threshold — with the exception of Grayscale Investments’ bitcoin ETF, which maintains a hefty...
...Kassan charged UTA for private jet flights, it said, that were “personal in nature and had no rational business purpose . . . in short, Kassan erased any line between his personal and business expenses”....
...There was also a revamp of its “Fashionistas” line, with more diverse ethnicities, which met mixed reviews. Mattel persisted, releasing the ad “Imagine the Possibilities” on YouTube....
...The Federal Aviation Authority has grounded 171 of the Max 9 aircraft pending inspections of the production lines as well as suppliers....
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
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