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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...
...The cash will allow the company, founded in Kenya in 2011, to acquire up to 100,000 new customers a month, according to Jesse Moore, M-Kopa’s chief executive....
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Why, for example, would US deposit holders bother to stick to the Federal Deposit Insurance Corporation limits now?...
...The insurance sector is expecting a hefty bill....
...Maryland Governor Wes Moore said the ship had reported losing power shortly before the collision and issued a mayday call, allowing authorities to limit the flow of traffic over the bridge....
...Sunak’s wife, Akshata Murty, has shares in the company worth an estimated £625mn....
...But the world’s most generous givers on a range of measures include both the foremost superpower, the US, and countries with comparatively meagre resources, such as Liberia and Kenya....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...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...
...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....
...But despite the rising risks and complexity, Mark Bennett, technology and real estate counsel at Hogan Lovells in Sydney, says companies building data centres will be guided first and foremost by return...
...Enjoy your weekend, Elaine Moore Deputy head of Lex...
...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...
...Should deposit insurance be expanded?...
...Terminal V did not respond to a request for comment....
...His son Lachlan will inherit the company and potentially costly legal baggage....
...Then there is the Company School – work created for British and French administrators who took over when the Mughal empire faded....
...Research by LifeSearch, the life insurance provider, found one in six admitted to a nap during work time. In overcoming nap resistance, Moore asks me to examine thoughts holding me back....
...Moore rates highly the company’s in-house chip team, which was built by industry superstar Jim Keller between January 2016 and his departure for Intel in April 2018....
...First and foremost, we must make market-based financing more attractive for EU businesses....
...But while these companies are raising large sums for a European start-up, the scale of the gap with the US is daunting. OpenAI’s latest deal talks could value the company at $86bn....
...Two days after the Federal Deposit Insurance Corporation took control of the bank’s assets, the Treasury, Federal Reserve, and FDIC announced that depositors would have access to all of their money on Monday...
...The Viasat hack, while sophisticated, involved breaking into the company’s computer systems and sending out instructions to the modems that caused them to malfunction....
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