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...“We are not making it more difficult for leaseholders in those buildings,” she said, adding that the group was underwriting 10,000 new leaseholders after opening up its standard property insurance policy...
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...From there, Johnsen narrowed the list down to four fragrances, with two last-minute submissions coming from Epinette (Lesedi La Rona III and V)....
...Verra and Gold Standard....
...Negative publicity fuelled the fire for redress. It is hard to grasp the size of this problem yet. The PPI scandal, initially played down, blew up into a £50bn-plus problem for banks....
...Any new standards would then need to be approved by the organisation’s safety committee....
...It is estimated that, out of 2.3bn people who cook on open fires using charcoal or wood, 950mn live in Africa, according to a McKinsey report....
...For decades, companies (and their customers) have reaped the economic benefits of outsourcing manufacturing to countries with weaker labour and environmental standards....
...The move has drawn fire from critics who say it risks making the insurance sector less stable....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...Companies have yet to seriously start digging underwater, although some countries have an eye on the tax revenues the industry could provide....
...PRA chief executive Sam Woods said the measures would “reduce bureaucracy, facilitate competition, and support UK economic growth and competitiveness without lowering prudential standards or weakening policyholder...
...While it is built to last as long as a standard home, its materials can be recycled or returned to the earth at the end of its lifespan....
...At the moment, some $5.6tn of cash sits in these funds, according to the Investment Company Institute, up from $2.6tn a decade ago....
...Bank lending standards remain tight. The read across from the record-breaking stock market to the real economy is even more unreliable than usual....
...So while it won’t hurt to shift the regulatory Eye of Sauron onto a few specific investors and investment groups, this hopefully won’t lead to them missing the wood for the trees....
...The project combines “low-emission technology and high labour standards,” she said....
...Bank of America boss Brian Moynihan and Standard Chartered’s Bill Winters....
...Sam Woods, chief executive of Bank of England’s Prudential Regulation Authority, told delegates at an insurance dinner that if the government’s proposed changes to rules for the industry were supported in...
...The insurance sector has become enmeshed in the climate culture wars, Kenza reported yesterday with the FT’s insurance correspondent Ian Smith....
...hole in the cold, black woods....
...His Lily of the Valley designs are exclusive to the V&A, as are the giclée prints of illustrations by Beatrix Potter and Edward Lear....
...The sober hall near the Bank of England, with its black-and-white-chequered marble floor and its dark wood counters now has the air of ancient Rome after the sack, with City workers baying for cocktails....
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