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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...“We are a journalism organisation with high standards and a commitment to truth and fairness,” wrote Peng....
...A year later it was promoted to the lucrative Premier League and Sawiris has since expanded his stable of sports assets under his and Edens’ V Sports, including a stake in Portuguese club Vitória....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...They say the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency have exceeded their remit and could diminish the competitiveness of US banks by unilaterally...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Jay Powell told lawmakers on Wednesday that he did “hear the concerns” from lenders over the US interpretation of capital standards crafted by global regulators that form the Basel Committee on Banking Supervision...
...Its contents were first reported by Austria’s Der Standard newspaper....
...Second-most-common were advertising and marketing businesses, followed by fintech, financial services and insurance groups....
...An investigation by The Insider, Spiegel, ZDF and the Austrian Standard found Marsalek’s entanglement with the GRU, Russia’s notorious military intelligence service, long predated Wirecard’s June 2020 collapse...
...It added: “This relationship is underpinned by a commitment to international standards and a shared belief in the value of open and resilient financial markets.”...
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...Another South Korean-owned company, Hanwha Qcells, will spend $2.3bn on a solar panel manufacturing factory....
...The model, in which Thames Water’s cash flows service different tiers of debt, tends to result in higher investment-grade ratings for top-ranked bonds than standard corporate bonds at companies with similar...
...It is one of the bloc’s most ambitious efforts to raise standards in countries outside the EU, as well as among its member states....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Rooms The Park Hyatt’s rooms are spacious by European standards. There’s no skimping here to squeeze more beds into an ageing Belle Époque beauty....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...There’s a lot of German insurance companies on there. And there are also quite a lot of individuals who lend money to René Benko....
...“The coincidence [of the files disappearing] has crooked optics,” local lawyer Lukas Hock told Der Standard newspaper. “I find it very strange.”...
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