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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 Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The state-backed group is the second-largest developer by sales in China and is one of the companies that has helped build modern China....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...Rescue operations were being carried out “on the surface of the water, subsurface” and “on the deck of the ship itself”, said Baltimore fire department chief James Wallace....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...for both companies....
...The insurance sector is expecting a hefty bill....
...The West Odessa fire department said the fire was the second largest in US history....
...Tesla insisted its advisers’ analysis suggested that there would be no discount applied to a company in an untested legal environment....
...“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!”...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...This attack will probably prompt more shipowners to avoid the southern Red Sea and Gulf of Aden....
...The demands on the power grid are “top of mind” for Amazon, said the company’s sustainability chief, Kara Hurst, adding that she was “regularly in conversation” with US officials about the issue....
...She has more than $750,000 in winnings from competition (and sold her Dallas-based insurance business for more than $400mn in 2018)....
A dispatch from FT Alphaville’s maritime correspondent
...The votes will take place at the company’s annual meeting on June 13....
...Iran and its proxies such as Hizbollah and the Houthis must not pour oil into the fire....
...company....
...Because a company can file bankruptcy in whatever district any one of its dormant shell company affiliates first files bankruptcy....
...,” which is Florida’s state-run insurance company....
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