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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....
...Core inflation also exceeded expectations due to price pressures in services sectors such as healthcare and car insurance....
...But Tuesday’s rise, largely stoked by services such as motor insurance and health, triggered warnings that the Fed may have to wait longer than previously expected before cutting interest rates from their...
...Some other costs, such as rents and motor insurance, are still rising quickly....
...Yet Sam Day, an insurance adviser who works in the county’s Southlake Mall, said she was in a “really scary spot”, as the soaring cost of living crimped her disposable income....
...Second-most-common were advertising and marketing businesses, followed by fintech, financial services and insurance groups....
...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....
...They have also garnered the support of Republicans in the House, who called on the heads of the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency...
...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...
...Senior insurance industry figures said the sector had pushed to ease trading between the two countries’ specialist insurance markets, where big assets such as planes and pipelines are insured by a range...
...Darren Jones, Labour’s shadow chief secretary to the Treasury, said the UKSA’s verdict on Trott’s comments was “damning” and called on her to “correct the record” in the House of Commons....
...This includes looking at how nature-based adaptations such as better forest management or the restoration of salt marshes can reduce wildfire or flood risk, argues Dave Jones, a former California insurance...
...The insurance sector is expecting a hefty bill....
...But Labour’s Darren Jones said the government is “still taking more money from us than ever before”....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...Additional contributions from Gary Jones and Benjamin Wilhelm...
...Letter in response to this report:No cure for nuisance calls if they come from abroad / From Sylvia Jones, Fairford, Gloucestershire, UK...
...My colleagues Claire Jones and Harriet Clarfelt explain the “last mile” challenges that Washington’s rate-setters must overcome....
...But Sam Day, an insurance adviser living in the county, told the FT’s Claire Jones that she is in a “really scary spot” trying to save while she is “just struggling to get by day to day”....
...In addition, the regulatory changes should bring the US closer to the wider vision of Open Finance: having your entire financial life — spanning your deposit account, pension, mortgage, insurance and share...
...“Rates are attractive here and it seems like it creates a hurdle or disincentive to put cash to work if you can earn 4 per-cent risk free,” said Jim Shanahan, an analyst at Edward Jones....
...Ordinary investors cannot replicate Berkshire’s advantage of a cheap insurance float....
...News round-up AI advertising start-up valued at $4bn after fundraising (FT) Dole scraps sale of vegetables unit after DOJ threatens to sue (Dow Jones) Small investors power Trump Media’s market valuation...
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