Hints and tips:
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...Highlighting continued caution from regulators, the agency last month delayed an approval decision on donanemab, Eli Lilly’s Alzheimer’s drug....
...The statement followed a downgrade from rating agency Moody’s on Tuesday, which cut the bank’s overall credit rating to junk....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...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...
...Also the highly leveraged cruise liners Carnival and Royal Caribbean, which could face serious trouble in a recession, are both up 55 per cent in the rally....
...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....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...Going green The Royal Bank of Canada is trying to pivot towards a low-carbon future without disrupting its lucrative business with fossil fuel companies, Bloomberg reports....
...On Tuesday, the agency reported that real wages rose in the three months to November, while nominal pay growth slowed....
...The disclosure came days after rating agency Fitch stripped the US of its prized triple A rating....
...Industries led by media and entertainment, banking, insurance and logistics were most likely to predict job losses. The survey was conducted by PwC ahead of this week’s World Economic Forum....
...Other commercial partners have also cut ties with him, including his publisher Bluebird, an imprint of Pan Macmillan, which was due to bring out a book in December, and the Curtis Brown-owned talent agency...
...Drugmakers pay rebates to ensure their treatment is placed on the lists of drugs covered by insurance companies....
...via the government body charged with resolving disagreements over the cost of hospital care, according to an official tally published by the Centers for Medicare and Medicaid Services, a US government agency...
...Tepezza costs approximately $350,000 for a six-month course of treatment, while an annual supply of Krystexxa costs $650,000, according to the agency....
...“It underestimates the consequences of the structural reforms adopted in the last few months by the French government, [notably] the reforms on unemployment insurance, pensions and production taxes.”...
...Rating agencies typically treat preferred stock deals more favourably than run-of-the-mill loans....
...The National Cyber Security Centre, which advises UK companies on combating cyber crime, said on Wednesday it was working with the National Crime Agency to understand the impact....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...The BBC operates under a royal charter agreed with the UK government, which enshrines its independence from the state....
...Once companies have addressed the main risks, they can move to cover any residual risk with cyber insurance....
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