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...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....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...That, AM Best reportedly argued, left the market and insurance customers relying on outdated information and left the company at risk of breaching its own policies on prompt publication....
...also come under pressure because US regulators have pushed insurance group A-Cap to cut exposure to the group....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...“Ajit is the person that is by far the most trusted . . . He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...For now, Tristram Hunt remains confident that the V&A can raise the funds to keep the “Deposition” in Britain....
...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for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...Laura Hughes, its manager for general insurance policy, said the government should “guarantee that flood prevention and resilience measures are considered in all planning decisions and building standards...
...Better building standards could curb rising losses. More investment in climate change mitigation could do the same....
...The performance, close to the gold medal-winning standard of human competitors, highlights both AI’s growing proficiency in maths and the obstacles that remain....
...The model, in which Thames Water’s cash flows service different tiers of debt, tends to result in higher investment-grade ratings for top-ranked bonds than standard corporate bonds at companies with similar...
...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...You might be able to get a new phone on insurance, restore your data from the cloud and have stolen money refunded....
...Now the world’s largest tea company owns zero plantations, and just has to worry about ensuring its suppliers adhere to its new ESG standards....
...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...chair of the Federal Deposit Insurance Corporation has warned....
...When a bank fails, the least cost standard requires the FDIC to sell the bank to the highest bidder irrespective of the impact on competition....
...Arm has remained the chip industry’s de facto standard by being neutral. It offers universal, standardised ways for companies to cut development costs while refusing to discriminate by price....
...A-Cap said its businesses adhered to “the highest standards of operational and financial responsibility”, that it worked “closely and cooperatively” with regulators and took “every necessary and appropriate...
...adequate insurance and would not be covered in the event of a spill....
...But the insurance industry is certainly pulling in its horns when it comes to cyber risks....
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