Hints and tips:
Related Special Reports
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
...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...
...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...One person with knowledge of its strategy said the company was deciding how to commercialise the technology....
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
...Andy Haigh Director of Climate Positive Solutions, Grosvenor Property UK, London W1, UK...
...General Mills warned that consumers were increasingly value-conscious, as the Cheerio’s maker managed to beat earnings forecasts despite soft demand for its snacks and cereals....
...Universal Music is the largest record company, controlling about a third of the world’s music....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...Several state banks last year unveiled new credit lines to companies including Country Garden as part of government support for the property market. But Country Garden’s sales kept falling....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...TikTok has failed in its attempts to restart negotiations with Universal Music, according to people familiar with the matter, leaving two of the most powerful companies in entertainment deadlocked over money...
...Jakob Stausholm, chief executive of the Anglo-Australian miner, said the property sector remained “challenging”, but Chinese steel mills, the biggest market for Australian iron ore, were “producing flat...
...There are fewer large influential owners, including families or founders, who wield influence over the company....
...Universal on Tuesday accused TikTok of “bullying” and said the company wanted to pay a “fraction” of the rate that other social media sites pay for access to its music catalogue....
...Yet a series of creative financings led by Leiv Synnes, the chief executive parachuted in last year, have kept the company ahead of its creditors....
...General Mills chief executive Jeff Harmening said the Cheerios maker’s media spend was “up high single digits through the first half of fiscal ‘24”, while Mondelez’s Dirk Van de Put said the company’s “double-digit...
...General Mills shares were down 2.5 per cent at the market open....
...Insurance companies are fleeing Florida as costs to insure property have increased dramatically....
...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....
International Edition