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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...
...Germany has also seen nationwide rail strikes and widespread protests by farmers angry at cuts to agricultural subsidies, while industrial action by Lufthansa ground crews on Wednesday was set to cause severe...
...The Australian businessman’s company Greensill Capital, which counted former UK prime minister David Cameron as an adviser, collapsed in 2021 after failing to renew its insurance cover....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...At the end of 2022, the company that operated the well settled a years-long legal fight with over 15,000 Indonesian farmers who had brought a class action suit against it....
...“Farmers Insurance is well on its way to becoming the Bud Light of insurance,” Florida’s CFO Jimmy Patronis said, referring to the culture wars controversy that embroiled beer company Anheuser-Busch InBev...
...beyond many Chinese residents, particularly farmers and migrant workers who lack access to better urban and private benefit schemes....
...Have rising insurance premiums become a de facto carbon levy for consumers? A Big Read looks at the spiralling cost of insuring against climate disasters....
...Decades of low prices have left cash-strapped west African farmers unable to invest in their plantations....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...It is the same reason why farmers often prefer to bank with their local community banks....
...Refining and expanding this technology seems a sensible insurance policy in uncertain times....
...The study explored how integrating “parametric insurance” (which pays out a pre-determined amount based on the occurrence of a specific event) with loans can enhance financial inclusion for smallholder farmers...
...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...
...Andrew Bailey dishes out tough love to British public Aggregate demand: UK homeowners secure £800bn windfall with house price rise Fiscal policy: Lower public borrowing gives Sunak room to stall national insurance...
...Earlier this month, Denmark’s climate minister said EU farmers should pay for their greenhouse gas emissions....
...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...
...Terminal V did not respond to a request for comment....
...There could be lots of stakeholders who may be interested in the benefits of slowing the flow, whether it's water companies, insurance companies....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...The poor end to the year for farmers also knocked big US insurers such as Chubb, which reported full-year earnings last week....
...“Increasingly it makes no sense for Ukrainian farmers to plant crops as they just lose money,” said Yevgen Osypov, chief executive of Kernel, one of Ukraine’s largest agro-industrial companies....
...But notably, the closure’s cost to the FDIC’s deposit insurance fund — $54mn — eclipsed the size of its entire $48mn loan book....
...For example, as well as extending loans to farmers, Apollo provides seeds and fertilisers, insurance products and advisory services....
...The farmers who kept food on our plates. As part of our plans to grow the economy I want to reform and simplify the taxes paid by the self-employed....
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