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...While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...The company says it still has “reinsurance relationships with some non-Russian entities”. The company is part owned by the Italian insurer Generali, but its stake has been “frozen” since the invasion....
...London was “still . . . very investable” despite Brexit and political instability, he added....
...Even if it blows past that figure, says Rasgon, its AI business would still be a “rounding error” compared with Nvidia’s sales to data centre customers, which Wall Street expects to approach $100bn....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...This is the beginning of the end for Thames Water in its current form. The process will still be tortuous and lengthy. nathalie.thomas@ft.com...
...The culture still needs improvement. But it met its short-term goal of filling 35 per cent of leadership roles with women....
...The company said it still hoped to agree a business plan with Ofwat that was “affordable for customers, deliverable and financeable for Thames Water, as well as investible for equity investors”....
...Thames Water said its shareholders would no longer provide £500mn of fresh equity by the end of the month, noting that conditions imposed by the industry regulator made the company’s business plan “uninvestable...
...The EU late last year discussed the possibility of Denmark inspecting and, if necessary, blocking tankers of Russian oil sailing through its waters without western insurance, under laws permitting states...
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...The group’s hiring strategy got it into hot water last year when it accepted that it, and certain executive officers, had “engaged in unlawful recruitment” of about 30 employees from reinsurance broker Guy...
...One quarter of the world’s population lives in countries facing extreme water stress — that is, using 80 per cent of their supply annually. Climate change will put supplies under still greater strain....
...richard.waters@ft.com...
...individuals still alive,” said Rear Admiral Shannon Gilreath....
...The next potential trigger is a £190mn lending facility at its ultimate parent company, Kemble Water. It requires repayment in April....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...But Direct Line shareholders would still be taking half the £3.1bn value in Ageas equity....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...It was still expensive, so consider those without my status advantages....
...The requirement for water companies to install event duration monitors since 2015 has transformed public awareness of sewage discharges and sparked the biggest outcry against the water companies since they...
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...According to the index, insurance costs were still up more than 80 per cent since the start of 2021....
...The proposal is still under review but has received strong opposition from legal experts. Nongfu Spring and Seven & i Holdings, 7-Eleven’s parent company, did not respond to requests for comment....
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