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...The company expected net cash flow to turn “consistently positive” in the first half of next year....
...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...
...Still, there’s a lot of love, reports the FT....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Those incentives might also include tax credits for training, National Insurance deductions for hiring older workers, or pooled provision of occupational health and training for smaller companies....
...into bank parent companies....
...“Here the wine estates are all still run by families who live here and make the wine themselves, not insurance companies and absentee shareholders....
...It allows life insurers to report negative IMRs — we love a good negative liability — to balance out the declines in cash/assets that come from selling bonds at a loss....
...Kristen Stewart headlines not one but two offbeat tales of star-crossed lovers, Love Me and Love Lies Bleeding, while Sundance royalty Steven Soderbergh (Sex, Lies, and Videotape) returns with the thriller...
...John Neal, chief executive of the Lloyd’s of London insurance market, was among a raft of business leaders who queued for more than two hours in the desert heat to enter the sprawling Dubai Expo City conference...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Duty calls | The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...“I love that red-hot line between sculpture and furniture,” says Ross....
...Other stories that have been keeping us busy this week: Credit companies are having their day in the sun....
...Earlier this month, the president of Sompo Japan Insurance, Giichi Shirakawa, said he would resign....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Every investor should love Next, the UK retailer widely praised for its strong management and clear communications....
...From there, Johnsen narrowed the list down to four fragrances, with two last-minute submissions coming from Epinette (Lesedi La Rona III and V)....
...Banks don’t love these proposals, to put it mildly. Lifting the insured deposit cap would require the FDIC fund to be 70 to 80 per cent bigger, a jump the industry would have to fund....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...This dematerialisation shall be a first approach to infinity. The traveller should physically and mentally feel their action of floating in the universe.”...
...“If you love to watch sports, it’s a great thing.”...
...According to research from Canada Life, an insurance and retirement services company, more than half of UK adults do not have a will, and 13 per cent say they have no plans to write one....
...media companies]....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
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