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...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...According to the business department, taxpayers could be liable for £2mn in redundancy payments that were paid to staff of Greensill Capital’s management company by the National Insurance Fund....
...In a statement, James Sherwood, general manager for Bupa UK insurance healthcare management, said the company had “carefully considered” how to balance affordability for customers with the doctors’ demands...
...national government....
...Office for National Statistics data on Wednesday showed that an index based on car insurance prices had fallen by 1 per cent in January, the first month-on-month drop since February 2022....
...Here’s more on the spectacular celestial event that turned day into night. Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...The insurance arrangements potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill. 4....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...The bond, which Trump had to post in order to pause the enforcement of the judgment while he appeals against it, was underwritten by the Knight Insurance Group in California, according to a filing to a Manhattan...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
...The boss of one UK business with more than 15,000 employees told the FT his company had given its entire staff private medical cover, in response to the pressures on state healthcare....
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Cyber insurance is one of the fastest-growing markets as companies look for coverage following a surge in ransomware attacks....
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...International tax laws: The ability of rich companies and individuals to use complex legal structures to outmanoeuvre national regulators cries out for simple, blunt rules, writes Rana Foroohar....
...This was offset by strong trading in property and casualty insurance, which helped the company generate €4.1bn in underlying earnings....
...Insurance prices have soared to as much as £30,000 a year for drivers of JLR’s cars — which start from £33,000 for the Jaguar XE and go up to £160,000 for Range Rovers — prompting the company to offer its...
...Additional reporting by David Sheppard, Michael Peel and Ian Smith in London...
...It noted that after a grace period of a year spent working in the UK, employer and employee are liable to national insurance contributions, in the same way as a UK local hire....
...The only payout was made to a promoter trading as Terminal V for its event, Trick Scotland, the Treasury said....
...Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...Here’s what else I’m keeping tabs on today: Economic data: The Federal Reserve Bank of Chicago issues the National Activity Index for August while the Federal Reserve Bank of Dallas issues the Texas Manufacturing...
...My diary of events begins with the end of the National People’s Congress in Beijing on Monday....
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