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...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...The well-funded political scion Robert F Kennedy Jr, the Green party’s Jill Stein, and progressive activist Cornel West are still in the mix, with the potential to attract protest votes....
...Penner, then partner and chief legal officer at hedge fund Jana Partners, disagreed, arguing that adopting universal proxy would not create “a flood” of activism....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...for a hit of up to $57bn as a result of estimated wind, storm surge and inland flood losses....
...While the BlackRock review was going on, technology companies and venture capital firms were depositing a flood of cash into SVB....
...“You don’t have this level of progressive thinking.” The company is now the second-largest employer in the metro area that includes Normal and neighbouring Bloomington....
...So which of these factors — namely the political backlash or the flood of investment bucks into green projects — will be more dominant in 2023?...
...Vanguard is closing the gap on BlackRock’s lead in the $6.6tn US exchange traded fund market, a pivotal battleground for the world’s two largest asset managers, write my colleagues Brooke Masters and Chris Flood...
...Fewer than 20 per cent of those in the counties worst affected by Ian had flood insurance, and may struggle to rebuild even with federal support....
...Now influential voices on the right have joined them, claiming that corporate America is pushing a radical progressive ideology....
...On Friday, the Treasury responded with a £750m insurance scheme for live events. Better late than never. Many organisers did not dare to go ahead this summer without insurance....
...Clothing manufacturer Under Armour told the SEC its new insurance policies jumped 26 per cent in 2021 for flood and property coverage....
...the US and floods in Europe....
...The insurance market is struggling to price protection against them, and this may prove to be an area, like terrorism and floods, where a government backstop is required....
...“Adoption is accelerating with insurance companies and other institutional investors.”...
...Yet high-profile insurance company bankruptcies are nowhere to be seen....
...heavy weight Progressive....
...“Droughts are impacting crops and hydroelectricity stocks while in other regions floods impact production.”...
...It has also unleashed a flood of emails in my inbox predicting that fintech will challenge fiat money and legacy financial groups, such as Wall Street banks. Maybe so....
...insurance....
...As drug dealers and other shady collectors flood the market, US lawmakers are cracking the whip....
...A version of this article was first published by Nikkei Asia on August 6 2021. ©2021 Nikkei Inc....
...Even before it officially ended, the Jewish festival of Purim, where tradition mandates exuberant public drunkenness, saw hundreds of thousands of costumed youth flood the streets....
...provider Progressive....
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