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...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...However, the government came under fire from the IMF again this week....
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
...Hielkema said any pan-EU scheme would need to be carefully calibrated to make sure individual states are pulling their weight on adaptation measures, among other considerations....
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Copenhagen’s fire may be symbolic as well as catastrophic....
...The Copenhagen-based company’s other vessels have been travelling via the Cape of Good Hope since December....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...[so] you end up with a barrier against the progression of fire.”...
...“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”...
...Axa’s deputy chief executive, Frédéric de Courtois, said a public-private partnership on cyber is a “must-have”, given it is generally only the biggest companies, which have also invested in prevention,...
...China’s state health insurance system has lost tens of millions of subscribers, as higher costs have put one of the world’s largest healthcare schemes out of reach for many people already struggling in a...
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...The Leningrad region governor said there were no casualties as a result of the Ust-Luga fire and all workers had been evacuated....
...Looking forward, we will pursue rate increases in 10 states to improve margins and in other states to keep pace with increases in loss costs. Used-car costs have, in contrast, declined....
...Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
...,” which is Florida’s state-run insurance company....
...This has already occurred in home insurance relating to climate, with US states including Florida providing cover for homeowners who are unable to get it; the UK’s Flood Re is a joint government and industry...
...The Financial Times on Thursday revealed Kemble’s creditors include two Chinese state-owned banks, part of a group of lenders that were involved in a stand-off over extending a £190mn loan due at the end...
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The two funds are investors alongside Dutch pension fund APG in Get Living, a rental housing company set up by Jamie Ritblat’s property advisory company Delancey....
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