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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....
...However, a recent research note by debt rating agency S&P Global said it has annual revenue of more than $2.5bn and earnings before interest, tax, depreciation and amortisation of about $500mn....
...“This is a wake-up call for the financial industry and the insurance industry,” executive director of the European Environment Agency Leena Ylä-Mononen told the Financial Times....
...“From our point of view it is a finely balanced renewal,” said David Flandro, head of industry analysis at insurance broker Howden’s reinsurance broking arm....
...The White House was concerned that the economic impact of the port shutdown would “ripple out” beyond the Baltimore region, Buttigieg said, adding that he would convene with shipping companies on Thursday...
...“We sabotaged Tesla today,” the group said, according to German news agency DPA. Police said they had been informed of the fire, in the district of Gosen Neu Zittau, at 05:15 local time....
...insurance, which is capped at $250,000....
...The chancellor, Jeremy Hunt, has promised unspecified savings to fund cuts to national insurance....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...In a day of high legal drama, Tesla filed twin lawsuits against the Swedish Transport Agency and national postal service over their refusal to deliver number plates for its cars due to action by postal workers...
...That put the agency 42 per cent ahead of its closest rival in terms of volume of deals, French public sector investment bank Bpifrance....
...In a region known for three heavy industries — shipbuilding, engineering and linen — Spirit’s Belfast business is part of the fabric of Northern Ireland....
...The court of appeal overturned a decision by a district court to allow Tesla to pick up the licence plates directly from the Swedish Transport Agency as an interim relief measure....
...“Pet healthcare can cost the equivalent of private healthcare for humans,” said Zoe Cheng, managing partner of IAM Wealth, an insurance brokerage....
...Tesla scored an initial victory when it won an interim judgment on Monday forcing the state to allow the carmaker to collect the registration plates for its new cars directly from the agency....
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...The insurance arrangements potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill. 4....
...Like Regions, Comerica lowered its outlook for interest income for the rest of the year. Comerica’s shares were down just over 6 per cent....
...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...
...K-SURE, the South Korean government export credit agency, has withdrawn insurance needed to underwrite SK E&S’s investment in the Timor Sea project....
...Brazil’s statistics agency publishes services activity data....
...China, WPP’s fourth-largest market, is an increasingly important region for ad groups....
...The turbulence in the Red Sea has coincided with a decline of stocks at the crucial Amsterdam-Rotterdam-Antwerp region, known as ARA, making Europe even more vulnerable to a reduction of supply as its own...
...The foundation also called on the government to strengthen sick pay arrangements, establish a new system of income insurance for self-employed workers and double the number of labour market inspectors to...
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
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