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...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
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...The Grenfell fire killed 72 people when it spread through the external cladding of a west London tower block....
...due to fire-safety issues....
...Insurance prices are surging as companies look to repair their margins after years of significant losses from severe weather to insured properties, exacerbated by inflation in rebuild costs....
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...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
...How mapping is saving Ukraine’s history Skeiron, a tech company from Lviv, is utilising and refining many of the techniques used by the city planners creating digital twins....
...On Sunday two 7-Eleven stores in the eastern city of Changzhou in Jiangsu province told Chinese media they had removed all Nongfu Spring products from their shelves, with a “special notice” put up saying...
...“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!”...
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...You’re quickly given a range of fun tools to help you navigate the environment: you can zip through forests and cities using a grappling hook, glider and horse....
...“Disney is stupid because I’m not trying to fire [chief executive] Bob Iger, I want to help him,” he says, unsolicited. “We don’t fire CEOs.”...
...Cities that rely on taxes associated with valuable commercial property are now facing shortfalls, The New York Times writes....
...Hankey may be playing with fire again....
...The company sold half of the KaDeWe building in Berlin — the city’s most famous department store — to Thailand’s Central Group, which already owns half of the KaDeWe operating company....
...the medium- and long-term success of the City of London.”...
...While the vessel was operating on behalf of Singapore-based Trafigura, its registered owner is Oceonix Services, a company based in the City of London....
...supply chain finance company had should pay out....
...the company in as many years....
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...If more shipowners avoid the Suez Canal and take the long route around Africa’s Cape of Good Hope for journeys between the same cities, this could add an additional six days to their journey....
...The funding crisis in England’s local authorities is “forcing them to the pawnshop” in a fire sale of assets....
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