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...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The effort was dropped this month after the company agreed to take up contract talks with the Workers United union....
...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...due to fire-safety issues....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...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 area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...The military said that until the launcher on board the Niels Juel was deactivated there is a risk that the missile can “accidentally” fire and fly “a few kilometres away” from the frigate’s position south...
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...EU leaders gathering in Brussels tomorrow are demanding a fresh push towards forming the long-delayed Capital Markets Union in an attempt to increase Europe’s pool of private finance — and meet the huge...
...Members of the Dartmouth men’s varsity basketball team on Tuesday voted 13-2 in favour of joining Service Employees International Union, according to the US National Labor Relations Board....
...Hankey may be playing with fire again....
...As English National Opera gets down to its spring season, a cloud of unresolved problems continues to hang over the company....
...(It also needs to be passed by the European parliament, and then transposed by member states into national law.) But this is not just about Germany....
...Huawei, a national champion and symbol of China’s ambitions in the tech sector amid tensions with the US, was recently slammed by nationalists for naming its chipset “Kirin”, the Japanese pronunciation of...
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...The Trades Union Congress also slammed a new government code of conduct on the use of “fire and rehire” practices, where companies use threats of dismissal to pressure staff into accepting worse terms and...
...Other suggestions include a different rule book for competition policy, one which considers European companies as competing on a global scale....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...Monday’s report also called for bodies such as the National Infrastructure Commission, an executive agency that provides advice to the government, to be given a “broader remit and be less at the mercy of...
...Responsibility for making capital markets union a success lies with national leaders. They should go further than merely endorsing the eurogroup statement next week....
...The two men share an interest in Mexican “national champion” companies, a mistrust of regulators and an enthusiasm for building mega-projects....
...The data showed the BJP was by far the biggest beneficiary of the scheme and companies operating in heavily regulated sectors such as lotteries, construction and mining were among the biggest donors, lending...
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
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