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...Warnings are growing from policymakers about an approaching “tipping point” when extreme weather caused by climate change makes insurance unavailable in certain regions....
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...The last significant US bank to fail was First Republic, which was closed by the Federal Deposit Insurance Corporation in early May....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...A version of this article was first published by Nikkei Asia on January 4. ©2023 Nikkei Inc. All rights reserved....
...Walkers argued and produced evidence that, in India, poppadoms may be made with potato in some regions....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...AEL has $70bn in assets that Brookfield’s insurance outfit Brookfield Reinsurance plans to invest....
...Insurance group FWD this week became the latest group to pull plans for a US flotation after warning about the risk of intervention from both Chinese and US regulators....
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...They said 40 per cent of the $98bn Brookfield has raised over the past year has come from those regions, marking a new high for the company....
...[all] regions of Indonesia.”...
...“A lot of credit exposures saw more buying, so the asset mix shifted [from a safe haven play],” said Karim Chedid, head of investment strategy for BlackRock’s iShares arm in the Emea region....
...New workers to the region cannot find adequate housing and longstanding residents are facing rapidly increasing housing costs.”...
...Nationwide, the average rate on a traditional savings account stands at 0.39 per cent, up from 0.06 per cent a year ago, according to the Federal Deposit Insurance Corporation....
...And one of Berkshire’s crown jewels — the Geico auto insurance unit — suffered its sixth consecutive quarterly underwriting loss....
...The annual migration of urban workers to their hometowns in poorer provinces is expected to accelerate the spread of Covid to remote regions, raising the risk of even more severe outbreaks....
...US president Joe Biden has said it will take years, not months, for the region to recover....
...A version of this article was first published by Nikkei Asia on February 27 2023. ©2023 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on December 5 2022. ©2022 Nikkei Inc....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
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