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...SVB Financial Group has sued the US Federal Deposit Insurance Corporation in a bid to recover $1.9bn in cash that the regulator has kept since it took over the group’s banking subsidiary in March....
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
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...For this reason, the company has developed a training programme for cyber security staff “almost like a mini MBA”, building skills in boardroom communication, risk assessment and calculating returns on investment...
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...“Insurance and grain futures were once distrusted concepts that evolved into the important risk-management tools we know today....
...This can be a retention issue: managers who fail to take climate concerns seriously risk being unable to hire the best staff or losing good employees....
...The IRA has created an opportunity for new kinds of insurance products, too, said Jordan Tamchin, tax insurance practice leader at CAC Specialty, a broker....
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...On Tuesday price comparison group Moneysupermarket reported a 37 per cent year-on-year rise in the quarterly revenues from its “money” division. Third, inflation pushes up premiums....
...José Theotónio, chief executive of Pestana, Portugal’s largest hotel chain with operations in 14 countries, said offering staff health insurance, career progression and training programmes helped the group...
...For the first time ever, because of the rises in tax thresholds made by successive Chancellors people in our country can earn £1,000 a month without paying a penny of tax or national insurance....
...“To have a group to have open conversations [with] was invaluable.” Companies that are inflexible risk losing talent....
...The changes will put 1,600 roles at risk of redundancy but the company said it had about 3,000 vacancies and would seek to redeploy those affected....
...The company cited rising food, energy and staffing costs as well as the increase in the national living wage and additional national insurance tax as reasons....
...Lloyd’s of London swung back to profit in the first half as a stronger underwriting performance at the specialist insurance market marked a recovery from the substantial pandemic-related losses suffered...
...The group was forced to book a multi-billion-dollar writedown in the value of its US life insurance business, Jackson, ahead of its planned demerger next month....
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...It also has big businesses in reinsurance broking — helping insurance companies to reduce their own risks — and investment and retirement consulting....
..., a California-based subsidiary of Zurich Insurance Group....
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