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...The five insurers and reinsurers belong to the A-Cap group, and together held $11.5bn of assets at year end....
...“We’re going to sit here until it’s safe, as determined by clinicians,” said Munjal Shah, the company’s founder and chief executive....
...Edi Truell, the veteran financier, is winding down his Pension SuperFund five years after launch, blaming the regulator, government and the insurance sector for making his controversial business model “uninvestable...
...The PBoC and Safe did not immediately respond to requests for comments. Analysts said the PBoC may now merely implement policy rather than shape it....
...The organisers said they had briefed all the teams to ensure they were “as safe as possible”....
...The events, executives say, amount to the biggest challenge yet to private capital groups’ foray into the life insurance sector....
...“[The current regulatory approach] is rightly in the interests of policyholders — to keep their money safe — but it narrows the funnel of investable projects,” the report stated....
...“No plastics are known to be safe and circular.” Others are more optimistic, though....
...ClientEarth, the non-profit legal group that filed the suit on Wednesday, said it was aimed at industry practices broadly....
...to merge Credit Suisse with UBS was an “unhelpful” way to deal with a failing global bank and US regulators would not shrink from a full shutdown in a similar situation, the chair of the Federal Deposit Insurance...
...Environmentalists have argued that this activity could cause irreversible damage, in the absence of convincing evidence that it is safe....
...He got a degree in industrial management at Georgia Institute of Technology and joined the Navy, serving two years in Pearl Harbor, before getting a Harvard MBA....
...The World Health Organization says that some 3.2mn people a year die prematurely of diseases attributable to household pollution from open cooking fires....
...The pilots are provided by Denmark to help safe passage through the Danish Straits, which are narrow, shallow and difficult to navigate without expert knowledge....
...The industry’s effort to tackle carbon emissions collectively culminated two years ago in the establishment of the Net-Zero Insurance Alliance, a UN-backed group of insurers that promised to shrink the emissions...
...Well, there is one big group of buyers that could be driving a short-term scramble for new corporate bonds: Life insurers....
...The letter says that: “Manufacturers and users of PFAS chemicals are exposed to deep liability and insurance risks, reminiscent of those historically linked to asbestos.”...
...“We are a committed long-term shareholder in Cadent and are supporting significant investment across the network to maintain the safe, secure and reliable supply of gas,” the group said....
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...no longer using fabrics that contribute to plastic pollution....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...The fallout has already spread to other sectors including local insurance groups. The sector’s shares fell on the back of investors’ fears about their potential exposure....
...AQI Air pollution is measured with an Air Quality Index, or AQI, which is calculated as a combination of different types of pollution, such as small particulate matter, nitrogen dioxide and ozone....
...After insurance payouts, the French group will book a non-recurring charge of $213mn before tax in the fourth quarter of 2023....
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