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...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...The regional lender also appointed Joseph Otting, a former Comptroller of the Currency in the Donald Trump administration, as its new chief executive....
...The statement followed a downgrade from rating agency Moody’s on Tuesday, which cut the bank’s overall credit rating to junk....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...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...
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...The disclosure came days after rating agency Fitch stripped the US of its prized triple A rating....
...Drugmakers pay rebates to ensure their treatment is placed on the lists of drugs covered by insurance companies....
...But it was the SEC’s third chair, Douglas, aided inadvertently by Whitney, who really gave the agency its swagger and many of the teeth that allow it to help keep the markets clean today....
...via the government body charged with resolving disagreements over the cost of hospital care, according to an official tally published by the Centers for Medicare and Medicaid Services, a US government agency...
...Tepezza costs approximately $350,000 for a six-month course of treatment, while an annual supply of Krystexxa costs $650,000, according to the agency....
...“It underestimates the consequences of the structural reforms adopted in the last few months by the French government, [notably] the reforms on unemployment insurance, pensions and production taxes.”...
...We will set up a new NHS staff app to make it easier to roster electronically and end the use of expensive off-framework agencies....
...Rating agencies typically treat preferred stock deals more favourably than run-of-the-mill loans....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...Harris’s agency appointed the FDIC as Signature’s receiver....
...On Sunday night, the Federal Deposit Insurance Corporation announced a deal to transfer much of Signature Bank to New York Community Bancorp....
...technology lived up to its promise, it would also bring “significant disruption” to the labour market, exposing the equivalent of 300mn full-time workers across big economies to automation, according to Joseph...
...Furthermore >90% of balances were over the $250k FDIC insurance limit....
...Such was the profusion of advertising talent that in the late 1940s, future novelists Joseph Heller and Mary Higgins Clark briefly worked for the same New York agency....
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