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...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...In March, the Biotechnology Innovation Organization (Bio), a US-based trade body that represents more than 1,200 biotechs worldwide, came out in support of the bill and cut ties with WuXi companies, after...
...In response to Glass Lewis, Abrdn said: “Jason provides significant experience as a CFO who has spent several years working in large public companies....
...A string of big home insurers have halted new business in California, for example, in response to a surge in extreme weather losses....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Eli Lilly said that it plans to submit the results to the US Food and Drug Administration and other medicine regulators worldwide to seek approval for tirzepatide as a sleep apnoea treatment beginning this...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Insurers lifted their premiums sharply last year in response to a surge in the cost of their claims, driven by big increases in the price of car parts, second-hand cars and labour....
...Heffner, Stoffen and millions of other homeowners worldwide are on the front line of an insurance affordability crisis....
...“We are convinced that we could have a big worldwide systemic risk claim on cyber,” de Courtois said....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...Disney’s own response was equally cutting....
...into bank parent companies....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...Buberl said Axa had raised prices in response to these challenges and would “help our customers more to find the right doctor”....
...Countries worldwide need to meet renewable energy commitments and electrify sectors such as transportation in response to accelerating climate change....
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...In response, the consultancy expects home insurance prices to rise by 36 per cent over the two-year period....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...Members club group Soho House said that its biggest shareholders are considering taking the New York-listed company private, in response to a short seller report that described its 2021 public listing as...
...“Is it a response to the pandemic? Or will there be a lasting impact?”...
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