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...The world’s leading arbiter of corporate climate targets is under fire from staff after a decision to allow controversial carbon credits in dealing with emissions, an approach backed by its key financial...
...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...“We are not making it more difficult for leaseholders in those buildings,” she said, adding that the group was underwriting 10,000 new leaseholders after opening up its standard property insurance policy...
...The only sure-fire way to keep a lid on insurance costs in risky areas is for governments to put more effort into climate mitigation strategies and support for retrofitting, including for flooding, subsidence...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...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...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Any new standards would then need to be approved by the organisation’s safety committee....
...Online delivery problems are a complaints category all of their own (if you ever run out of things to talk about on a date, this is a sure-fire winner)....
...Labour has come under fire from the Tories over its pledge to invest £28bn a year into its flagship green prosperity plan to boost low-carbon energy....
...This evokes memories of the long-running, and very expensive, payment protection insurance scandal. Any lenders funding motor finance should worry about how this problem could mushroom....
...Something akin to this happened in August 2007 — a fire sale liquidation of quantitatively constructed portfolios which revealed a systemic risk in this part of the hedge fund industry....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...By ignoring the legal risks, boards are “playing with fire”, he believes. And this is not the only way in which climate litigation targets Big Oil....
...Following the collision, the JAL plane caught fire as it skidded along the runway....
...Just as with any other area of corporate law, it will be up to the courts to apply a reasonable standard of expected behaviour....
...Co. Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...The move has drawn fire from critics who say it risks making the insurance sector less stable....
...In March, Michael Lodge, secretary-general of the UN-affiliated International Seabed Authority (ISA), came under fire for allegedly steering countries to support certain deep-sea mining projects....
...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....
...Having started my journalism career in South Africa, I’ve been following the news from the country over the past year with some concern — from electricity blackouts to August’s tragic fire in Johannesburg...
...It estimates that this saving equates to 300,000 tonnes of CO₂ annually. Rwanda’s annual greenhouse gas emissions were 2.63mn tonnes in 2018, with livestock being the biggest source....
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