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...Of these, 140 were on vessels that held no insurance from western providers. Many were very old — a hallmark of the dark fleet....
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...He restructured the company last year, splitting the creation of new games, where the cells are still kept small, from the further development of existing titles, where Clash of Clans now has 100 workers...
...He has received an award for his “services” to the pro-Russia separatist Donetsk People’s Republic....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Sir Jim Ratcliffe says he wants Manchester United to fight for Premier League titles within three years, as he laid out his vision to rebuild one of the world’s most popular football teams....
...The latest evidence emerged this week, with the news that the average annual quote for car insurance in the UK rose last year by more than 50 per cent to £995, with 17-year-olds now being quoted an average...
...It is a serious price for an asset manager that is only a decade old and manages $20bn. Blue Owl itself manages $165bn for a juicy market capitalisation of just above $20bn....
...Under the old pricing system, which had not been updated for half a century, premiums rose on average 8 per cent annually....
...into bank parent companies....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...Pillars of the old model, such as cheap energy and labour, are creaking and the concerns about future economic growth are being compounded by an impending demographic crisis....
...Lachlan Murdoch, who took over heading the business from his 92-year-old father last year, is also seen as far more interested in taking the company into fast-growing digital channels rather than supporting...
...This is what happened when the FDIC auctioned off First Republic last year, little more than a month after the collapse of Silicon Valley Bank....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...Non-white mothers often can’t take time off work or get childcare to go to the doctor, may not have health insurance or don’t live in areas where medical care is easily accessible, CDC experts say....
..., Signature and First Republic....
...The costs stemming from old, non-modular technology are extremely high and need disrupting....
...But none of that saved SVB, Signature or later First Republic. They relied heavily on big depositors, those with accounts too large to be protected by the Federal Deposit Insurance Corporation....
...The news will also come as a setback to attempts by Lloyd’s to bring more investors into the insurance market, which is a centuries-old hub for specialist commercial insurance and reinsurance....
...Her take is political: she critiques the ruthlessness of the “wellness” industry, and sees the body mass index as essentially a scam by insurance companies....
...Kara describes shocking scenes of poverty, desperation and abuse among exploited “artisanal” miners in the Democratic Republic of Congo in this finalist for the FT/Schroders Business Book of the Year....
...risk before its failure this year, the Federal Deposit Insurance Corporation said on Friday....
...The probe is the first to personally target the 46-year-old former billionaire, whose Signa luxury property group collapsed at the end of 2023, leaving billions owed to shareholders and creditors across...
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