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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...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....
...due to fire-safety issues....
...Under such schemes, governments share losses from natural disasters with the insurance sector, or create structures to pool risk....
...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....
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...“[The union] campaigns on ‘look at what Ford got’,” Belcher said. “They’ve really been pushing $40 [an hour] and free health insurance.”...
...The military said that until the launcher on board the Niels Juel was deactivated there is a risk that the missile can “accidentally” fire and fly “a few kilometres away” from the frigate’s position south...
...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...The Trades Union Congress also slammed a new government code of conduct on the use of “fire and rehire” practices, where companies use threats of dismissal to pressure staff into accepting worse terms and...
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...True, the lack of a proper banking union is a genuine problem in Europe, hence the EBF’s appeal to legislators and not just watchdogs....
...Channel crossing One sure-fire way a Labour victory will change politics is that it will accelerate the speed in which various parts of civic society openly talk about the shortcomings in the UK’s trade...
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...into bank parent companies....
...Workers found escape routes blocked, windows barred and fire extinguishers inoperable. Over 250 of them burned or suffocated to death....
...Hankey may be playing with fire again....
...Today EU leaders will meet to discuss how to push ahead with a long-stymied plan to create a capital markets union across the bloc....
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