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...The chief executive of Lemonade has criticised “naysayers” that predicted the lossmaking insurance start-up would go out of business after it reported a small rise in its cash and investments in the second...
...In partnership with Johns Hopkins University in Maryland, Lloyd’s is conducting research into the role of insurance in the transatlantic slave trade, through which millions of Africans were forcibly transported...
...Chip designer AMD has launched sales of a product it hopes will break Nvidia’s dominance of the artificial intelligence processor market, which it forecast to be worth $400bn by 2027....
...These types of asset-backed debts have become hotly coveted in the private capital industry as large managers such as Brookfield, Apollo Global and KKR manage insurance-based investment assets, generating...
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...Insurance groups are now bracing themselves for billions of dollars of losses stemming from the accident, with reinsurers likely to foot the bill in a legal fallout expected to last for years....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...Pope has made a name for himself as the designer of idiosyncratic games....
...The agency cites the case of designer Rebecca Minkoff, whose eponymous bag company was acquired for less than $20mn, a figure so modest to perhaps leave her in the accessible luxury demographic....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...Maryland, College Park, who focuses on social media and conspiracies....
...Maryland Governor Wes Moore said he “looks forward to continuing the strong relationship between the state of Maryland and the Orioles . . we are proud that this transaction won’t change that”....
...LIU had intended to use the funds to invest in Lloyd’s of London, the world’s oldest insurance market....
...Vincent Van Duysen, architect and designer I have a collection of vintage furniture, ranging from Brazilian designers like José Zanine Caldas to a lot of pieces by Pierre Jeanneret....
...A group of Wall Street traders maliciously drove down the share price of a Maryland biotech with a promising new brain cancer vaccine, in pursuit of the marginal profits to be made by buying the stock cheaply...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...The presence of Apple’s app store negates arguments of a monopoly. Plus Google Android phones allow users to upload apps from other app stores....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...Down on the street below, polished chauffeured cars purred past, ferrying Zürich’s lawyers, insurance brokers and financiers to their villas out of town....
...The semiconductor designer has grown in recent years as Big Tech companies including Microsoft, Google, Meta and Amazon strive to create more of their own chips, in particular to handle artificial intelligence...
...The full list of award winners is available here....
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