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...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...In the US, insurers that have taken on exposure to the private equity firm 777 Partners are under fire from regulators and rating agencies for potentially excessive risk-taking....
...Aluminium melts at about 600 degrees Celsius and, although composites would burn at a lower temperature, they reacted differently to fire, said Emile Greenhalgh, professor of composite materials at Imperial...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Beyond hiring, some employers are toying with systems to automatically fire low-productivity workers. But why fire people if you can “help” them choose to leave?...
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...“Fire fighting [is] very difficult” on modern car carriers, said Richard Gunn, a casualty lawyer at law firm Reed Smith, who added that ships tended to be built with several decks that were built as low...
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Whether the Co-operative Group itself is valuing the publicity will become evident on Saturday when it holds its annual general meeting at, you’ve guessed it, the Co-op Live arena....
...But, two decades on, there is much harder evidence of serious military co-operation between Moscow, Beijing, Tehran and Pyongyang....
...They needed their own training, insurance and vital equipment....
...Co. Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Rescue officials told local media that at least seven people had been pulled into the water, with a fire department spokesperson calling the incident a “mass-casualty event”....
...One armoured vehicle appeared to have caught fire after being hit; another was left with a hole in the roof about half the width of the vehicle....
...Bets went sour, Hwang faced margin calls, and was forced to unwind some investments, while banks engaged in a fire sale to cover their losses....
...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....
...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...
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...Having outperformed other financials last year, the S&P Property & Casualty Insurance index is down 7 per cent so far this year. That compares with the S&P 500’s 15 per cent gain....
...“Of course fires are worse than they were — some of those terrible fires that have happened in California, that’s climate change.”...
...We have estimates for the cost of inaction and for what, for example, a major flood event, or forest fire, [costs] in general....
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