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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....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...European officials are concerned that some western insurance providers have been given false declarations from Russian oil companies or traders, which must provide written assurances the crude is priced...
...Some reinsurers had argued for exclusions of these countries from framework contracts, they added, but had limited success....
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
...“I need to make the best use of my limited savings,” said Li. “Health insurance is not my top priority.”...
...When insurance companies cede risk to reinsurers, they heavily scrutinise them either directly or via careful monitoring of their credit rating reports....
...In response, the Treasury has limited the scope of its data collection to insurance providers that write 1 per cent or more of the US homeowners insurance market....
...The CMA also found that the regulatory framework governing the sector was outdated, and had limited leverage over large groups. “All vets used to be owned by vets....
...Hunt is expected to cut income tax or national insurance....
...Chris Giles: The government consultation is very vague on the definition of a UK company (probably companies listed on UK trading platforms) and collective UK equity investments....
...Jeongmin Kim, lead analyst at Seoul-based information service Korea Pro, said the strikes had garnered limited public sympathy....
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...In the US, more than 90 per cent of sales are completely or partially covered by health insurance, the company said....
...“There are still many companies that do not insure the cargo for war risk until their ships cross into Ukrainian waters and take the risk due to the current high costs of insurance.”...
...The limited flexibility of our banking system creates a challenge for any SMB. And increasingly bigger banks are not the solution here....
...The stock spike probably involved some combination of covering of short positions, limited free float, and paroxysms of AI ecstasy....
...Business loans to limited companies or for more than £25,000 are generally outside the FCA’s regulatory “perimeter”, set by the government and parliament....
...When Britain left the bloc it risked being downgraded to the status of a third country with extremely limited access rights....
...The Company will not conduct any business activities except for activities relating to the ownership, maintenance and promotion of the Artwork, to the extent that such activities shall be limited to a passive...
...As at the end of 2022, US insurers (primarily life insurance companies) held some 20 per cent of all outstanding US commercial mortgage loans, accounting for 9 per cent of the insurance industry’s total...
...The losses limited lenders’ interest in extending new loans, and when they did the terms were often too expensive for private equity firms to turn to....
...Limited deposit insurance has obvious utility in forestalling bank runs and protecting the cash of people of slender means. The problem with extending it is that it increases moral hazard....
...The limited take-up of the scheme, originally billed as a £750mn commitment by the government but later upped to £800mn, reflected the challenge of trying to design a product a year in the pandemic....
...Reeves said Labour would “absolutely” vote for a 2p cut in the rate of national insurance contributions and for the £11bn “full expensing” tax break for company investments in plant and IT....
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