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...Thames Water wants to shed a reputation as ripe as the sewage it spilled into two rivers in southern England....
...He replaces Cathryn Ross and Alastair Cochran, who had been interim co-CEOs following Bentley’s exit....
...Cathryn Ross, interim co-CEO of Thames Water, said: “We are deeply sorry for the entirely unacceptable pollution incident into the Gatwick Stream and River Mole six years ago....
...But Alastair Cochran, finance director and interim co-chief executive, on Tuesday said the £750mn infusion was still to be confirmed, despite the submission of the company’s business plan to regulator Ofwat...
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Thames Water deals with a very different sort of run-off. It now wants to shed a reputation as ripe as the sewage it spilled into two rivers in southern England....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Thames....
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...Even in his pink pyjamas, his Bevan has a stature that throws down a gauntlet to today’s politicians across the river Thames. ★★★★☆ To May 11, nationaltheatre.org.uk, then May 18-June 1 at Wales Millennium...
...from state-owned insurance companies....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
...Chen Long, co-founder of research firm Plenum, said offering potential support to Vanke would be tricky for the government because other developers could question why they did not receive similar treatment...
...Many suggest the regulator has allowed this to happen over decades of cosy co-existence. Those people would argue OFWAT is unfit for purpose....
...The Co-op’s director of pensions Gary Dewin said its deal reduced the company’s exposure to future funding risks and helped strengthen the Co-op “for the benefit of our members”....
...Bickerstaffe’s departure had been planned, in a way, since she agreed to become co-chief executive in 2022....
...“It was terrible,” says Valins, who has co-founded the Fairglen Water Crisis Group....
...JAL estimated on Wednesday that the crash would result in an operating loss of about ¥15bn ($105mn), which would be covered by insurance....
...When triggered, the insurance is structured to pay out over time, mirroring how the loans being covered would be repaid....
...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...
...We like the idea of something that works, but also something that can be improved,” said Axa IM’s global co-head of real estate John O’Driscoll....
...Brandon Hall, former FMA co-head, will become deputy chief operating officer....
...Asked whether that was still the intention, notably through reforms to so-called Solvency II rules for the insurance sector, Sunak’s spokesperson responded: “Yes.”...
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