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...This part of the insurance industry has been hit by four consecutive years of outsized losses from extreme weather....
...filed with the US Department of Justice....
...“The fact that insurance grew here as an industry and as a business, it means that there is so much history and expertise, experience, skills, knowhow that is fostered here in the UK . . . and I would, as...
...The Vancouver-based group said on Thursday that the loan, which is the largest ever extended by the US Department of Energy to a mining group, will help it develop the Thacker Pass project that will generate...
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...Tysers and HW Wood, two reinsurance broking firms that operate in the Lloyd’s of London insurance market, agreed to pay bribes between 2013 and 2017 to the then-chair of two state-owned insurers, Seguros...
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...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...Nicole Argentieri, head of the US Department of Justice’s criminal division, said Trafigura had “bribed Brazilian officials to illegally obtain business” for more than a decade....
...Nevada: unemployment and the economy Economic messaging will be critical in Nevada, where the Covid-19 pandemic walloped the state’s casinos and the recovery has been slow....
...When both a creditor and the US Justice Department cried foul, the debtor essentially said that is how the system works....
...Though the gambling business is doing just fine — the Vegas Strip generated record revenue of $821mn in November — city and state leaders are also pushing to expand the economy beyond tourism, gaming and...
...Behind the scenes Biden is heading to Nevada and Arizona this week as his campaign builds its political operation in the two swing states....
...The US offers the greatest potential at the closest distance to the earth’s surface, led by states such as Nevada and California....
...However, overall premiums fell shy of the £56bn revenue target set last year, which Keese said was partly a result of firms not writing as much business as anticipated in areas such as cyber and directors...
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...This was offset by a positive contribution from other business lines, such as home insurance and motor rescue....
...Officials in the state have been actively marketing the new court to companies domiciled elsewhere as sophisticated and efficient even as the details of the body and how it will operate are still being finalised...
...In its statement, Ageas said it was “confident in the underlying attractiveness and future opportunities” of the UK personal insurance sector, despite a difficult time for the industry, which has faced high...
..., as it ditched specific targets for its financial services and build-to-rent divisions — a key plank of her earlier vision....
...The chief executive of Saga, the UK insurance and travel business focused on customers over 50, is leaving the company as it hunts for ways to repair its balance sheet....
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