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...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...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...
...The Shenzhen-based company’s founder and chair Li Yi hopes between 10 and 30 per cent of this year’s revenues will come from EV equipment, up from “almost nothing” in 2023....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...of stifling the inspectorate’s work, including regularly delaying release of its reports, redacting parts on opaque national security grounds and “obstructing” access to contracts between government and companies...
...“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....
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...The insurance sector is expecting a hefty bill....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Mainland Chinese visitors accounted for around $7.5bn of new insurance premiums in Hong Kong in 2023, according to the city’s Insurance Authority....
...The company confirmed it was raising the price on its Model Y SUV by Rmb5,000 ($695) from April 1....
...In the wake of three of the largest bank failures in US history a year ago, the US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are all pushing...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...William SandlundWell, the government has come out with recent reforms where they’re starting to use the market valuation of these companies to assess senior management....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...The EPA had called the rule “the most ambitious pollution standards ever for cars and trucks” when the proposal was floated, boosting the US’s chance of achieving pledges under the Paris climate agreement...
...Their moves have raised doubts about the long-term viability of operating an exchange under the city’s new crypto standards, even as new companies seek approval to operate in one of the world’s most active...
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...The idea, said Frank Vivier, Richemont’s chief of transformation, was to move beyond the analogue era where insurance companies, watchmakers and police communicated little and victims were left in the dark...
...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...
...These companies collectively underwrote about 70 per cent of US homeowners’ premiums, it said. The Treasury’s proposals have highlighted the fragmented nature of US insurance regulation....
...Additional reporting by Aime Williams, Stefania Palma and Alice Hancock...
...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...
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