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...Higher investment income on fixed-income returns also contributed to the rise in group profits, the company said on Friday....
...But Brenda Leong, a partner at Luminos Law, said it was “important for companies to understand that [the indemnities] are very narrowly focused and defined”....
...This indemnity kicked in last year, and since then money has flowed from Treasury to the Bank....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...GILLIAN TETT: There's a cynical view sometimes expressed on Wall Street which is that when a big company gives a top job to a woman, it's often because the company is in trouble....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...If it is a charitable company, you will also be a director under company law and need to ensure the charity complies with company law requirements in addition to charity law....
...Are hailstones getting bigger, one equity analyst recently asked an executive at Travelers....
...that they wouldn’t sell any stock until they left the company or retired....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...of Omaha said in his annual letter on Saturday that there were very few deals that offer the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity...
...There were, he said, few deals that offered the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity or the BNSF railroad....
...Buried in the announcement was the following line (with our emphasis): In addition, the Company has given an indemnity in respect of any reduction in the value of the rights transferred in the event that...
...— Air travelers are probably wealthier than the average resident — meaning they’re also more likely to afford these drugs....
...As a creditor to the company, Russia could try to force it into bankruptcy, but what would be the point?...
...It also said the audit would use up too much company time given Travelers already had a “thoughtful and comprehensive” approach to diversity and inclusion....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...The release follows a promise this month from Microsoft to provide indemnity coverage to any potential copyright claims arising from using its AI CoPilot services, which integrate generative AI into Word...
...In 1998, Citicorp’s John Reed, in promoting its merger with Sandy Weill’s Travelers Group, said it was Citi’s ability to sell a supermarket of financial products “on a local basis” that would make the deal...
...guarantee and indemnity agreement (the “Guarantee” . . ....
...The fund is managed day-to-day by an insurance services company, Thomas Miller....
...While “Wolf and her fellow travelers . . . are now in open warfare against objective reality”, liberals are also at fault....
...A group of players gathered for the Travelers Championship in Connecticut this week met PGA Tour leaders on Tuesday at the private golf course TPC River Highlands....
...In contrast, some central banks such as the RBA, do not have indemnities....
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