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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...
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...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....
...Alongside America’s highways, billboards jostle for drivers’ attention....
...has a great deal of art, and America has a great deal of money.”...
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...One marine insurance expert said the liability insurance payout, including bridge damage, could rival the approximately $1.5bn paid after the crash of the Costa Concordia cruise ship in 2012, a record....
...Some TV shows could only be made in America....
...“I’m aware of certain large deposit-taking banks that have spent over half a billion [pounds],” says Jones....
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...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...Bank of America strategist Savita Subramanian made the case yesterday on CNBC....
...The figures are distorted by movements in the value of its mammoth $353bn stock portfolio, which includes stakes in Apple, American Express and Bank of America....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...But their large deposits exceeded the Federal Deposit Insurance Corporation’s insurance limits and were susceptible to flight....
...from a handful of companies....
...Company earnings Analysts expect software company Adobe to post earnings of $2.48 a share on revenue of $4.53bn in its latest quarter, down from $2.57 a share on revenue of $4.1bn during the same period...
...The cash offer gives the company a value of NKr17.2bn (£1.3bn)....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...And anyone who thinks that it would be good for the United States of America not to have that should call me directly.”...
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...It fell to her eldest daughter, the writer and novelist Doon Arbus, to deal with her still-emergent work as a pioneering photographer of postwar America....
...And because I’m suddenly aware of his view. A vision of Bridget Jones, reporting for Sit Up Britain and sliding down a fireman’s pole towards the camera flashes in my mind....
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...Now with the company seemingly in play, high finance’s biggest and baddest funds may soon be hoping to find their own salvation in America’s heartland....
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