Get on your bike to avoid Tube congestion

first_img whatsapp Share whatsapp ANYONE who works in the Square Mile will know how empty it can feel in August as City workers – myself included – decamp for a well earned break. And yet, somehow, this summer downturn appears to have no impact whatsoever on the overcrowded tubes, trains and buses bringing commuters into the City at rush-hour. Of course, this is the price we pay for being one of the world’s leading financial centres, particularly one with a relatively ancient public transport network operating well above its optimum capacity.Transport for London, in cooperation with London’s local authorities and the GLA, is constantly working to alleviate these problems and, as a result, London’s transport links are in a constant state of upgrade and overhaul. With nearly 300,000 people coming to work in the Square Mile every day, the City, quite rightly, is the focus of many of these projects. In addition to the construction of Crossrail and the planned tube upgrades – both of which the City of London has long been pressing for ?– Blackfriars station is in the middle of a comprehensive modernisation programme, similar works on Canon Street are now underway and the long-standing plans to improve Bank junction continue to move forward.All of these projects are vital to the City’s continuing ability to compete with other financial centres overseas – particularly the purpose built business districts with state of the art transport links in the emerging markets of Asia and the Middle East – and the City’s overall business offer will be significantly diminished if they are not delivered on time and in full. In the meantime, City commuters are increasingly looking for alternative ways to get into work. And with the introduction of the Barclay’s Cycle Hire Scheme and the dedicated “cycling superhighways”, this trend looks set to continue.That is why, as part of European Mobility Week (16-22 September), the City of London Corporation is calling on City managers to get on their bikes and raise money for the charity Re-Cycle by taking part in the City Cycle Challenge.With many firms already committed to promoting cycling amongst their employees, this challenge offers business leaders a chance to raise awareness of cycling as a viable alternative to public transport.If you fancy taking part in the challenge, or if you want to see your boss getting on his bike in the name of charity, please visit the City of London website (www.cityoflondon.gov.uk/cyclechallenge) for more details.I remain hopeful that this change in culture amongst City commuters, combined with the forthcoming planned improvements, will help to ease the strain on our public transport network, allowing people to travel in relative comfort – even in rush-hour – and the City to continue to thrive and grow in the years to come.Nick Anstee is Lord Mayor of the City of London Monday 30 August 2010 8:53 pm KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Get on your bike to avoid Tube congestion Show Comments ▼ Tags: NULLlast_img read more

Scottish and Southern ready to up dividend

first_imgWednesday 29 September 2010 11:02 pm KCS-content SCOTTISH and Southern Energy is on track to hike its dividend by at least two per cent above inflation this year, the firm said in a trading update. The gas and electricity provider promised to raise its dividend payments above the retail price index measure of inflation, as well as maintaining dividend coverage. Scottish and Southern said it has commissioned 90 megawatts of new onshore wind farms since the start of the financial year, adding to around 1,000 megawatts worth of projects currently under construction. The firm is half way through its five-year investment drive, which will come to an end in March 2013. Last week, Scottish and Southern agreed a contract with Nissan to provide the carmaker with its own electricity network. Nissan needs a network to allow electric car users to charge their vehicles.The company is set to release its interim results in November. Shares fell 1.5 per cent to £11.18 yesterday. whatsapp Scottish and Southern ready to up dividend Share whatsapp Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼last_img read more

BT cannot hike prices to pay for retirement

first_img BT cannot hike prices to pay for retirement BT will not be allowed to increase the amount it charges rivals to use its infrastructure to help plug its pension deficit, communications watchdog Ofcom ruled yesterday.The move is a blow to the telecoms giant, which had hoped Ofcom would follow the example set by regulators of the postal, energy and water industries, which sometimes allow deficit recovery payments to be included in regulated charges. The decision was welcomed by rivals BSkyB and TalkTalk, which will avoid paying higher prices for the same service. An Ofcom spokesman said: “We believe this is important for creating an environment in which regulated firms, such as BT, and their wholesale customers are willing and able to invest.“The guidelines meet our principal duty to further the interests of citizens and consumers by promoting competition.”BT’S mammoth pension deficit fell by £2.9bn last month thanks to a change that links pension payments to the Consumer Prices Index inflation measure instead of the Retail Prices Index. The fall in deficit, which stood at £9bn in 2009, will immediately have an impact on its interest payments. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Wednesday 15 December 2010 8:23 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Show Comments ▼ whatsappcenter_img Share KCS-content whatsapp Tags: NULLlast_img read more

Novartis will acquire Genoptix for $470m

first_img Tags: NULL Share KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org NOVARTIS announced yesterday that it has entered into a definitive agreement for the acquisition of Genoptix, a specialised laboratory providing diagnostic services to haematologists and oncologists. Under the terms of the agreement, Novartis will commence a tender offer for all outstanding shares of common stock of Genoptix at $25.00 (£15.70) per share in cash. This represents a total equity value of $470m and an enterprise value of $330m. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Novartis will acquire Genoptix for $470m center_img whatsapp whatsapp Show Comments ▼ Monday 24 January 2011 7:10 pmlast_img read more

Football clubs in record £215m transfer frenzy

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Football clubs in record £215m transfer frenzy by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ whatsapp KCS-content ENGLAND’S top football clubs last night defied the downturn by embarking on a record-breaking £215m transfer spending spree.Chelsea’s £50m signing of Fernando Torres and Liverpool’s £35m purchase of Andy Carroll were the day’s biggest deals as sides raced to recruit before the 11pm cut-off – their last chance to do business until the summer.Deadline-day spending which exceeded £100m boosted the total for the entire January transfer window to around £215m, smashing the previous winter high of £170m in 2009.The frenzied activity was in stark contrast to last January, when Premier League teams spent a meagre £30m.Chelsea were the biggest spenders, shelling out more than £70m as billionaire owner Roman Abramovich abandoned his recently acquired taste for caution and returned to the largesse that followed his takeover in 2003. In addition to Spain striker Torres, the league champions agreed to pay Portuguese outfit Benfica £21m for the Brazilian defender David Luiz.The departure of Torres from Liverpool prompted the Merseyside club to launch a dramatic final-day bid for Newcastle forward Carroll, who is now the most expensive British player of all time despite being just 21.Experts said the “ripple effect” of clubs selling players and then ploughing money back into the market, as well as the unusually close nature of this season’s league, had contributed to the record outlay.Dan Jones, of Deloitte’s sport business group, told City A.M.: “A couple of big deals can really move the needle.” Jones added: “If people are trying to make that next step or hold onto their current status that definitely makes an impact on how much they’re willing to spend.” center_img Tags: NULL Share whatsapp Monday 31 January 2011 9:23 pm last_img read more

Hayward may join Abu Dhabi firm

first_img Share Hayward may join Abu Dhabi firm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Former BP chief executive Tony Hayward has been approached to launch a new oil firm backed by an Abu Dhabi sovereign wealth fund, it is understood. Hayward is understood to be in the early stages of considering an offer from Mubadala, a fund aimed at diversifying Abu Dhabi’s economy. Hayward and Mubadala could not be reached for comment yesterday. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo whatsappcenter_img whatsapp Show Comments ▼ KCS-content Sunday 6 February 2011 10:14 pm Tags: NULLlast_img read more

CBI: UK must cut its deficit

first_img whatsapp Share KCS-content THE government must persevere with plans to cut the UK deficit, the Confederation of British Industry (CBI) said yesterday, ahead of today’s launch of its economic forecast.“You cannot underestimate the calming effect of ‘Plan A’,” commented Ian McCafferty, the CBI’s chief economist. A ‘Plan B’ of fiscal relaxation could harm confidence and damage the economy, he said.The CBI said the “restoration of fiscal health” was of prime importance to its members, which total almost a quarter of a million businesses.The deficit will hit £149.7bn this financial year, the CBI forecasts – a more pessimistic outlook than the most recent predictions of the government’s own fiscal watchdog.And while the CBI wants a “neutral” budget next month, it called for a “signal” from George Osborne that personal tax rates will be cut in the future. The UK will deter key entrepreneurs if it is seen as a high tax country, CBI director general John Cridland said.The economy will grow by 1.8 per cent this year, the CBI forecast, and 2.3 per cent in 2012. The forecast is down from its previous estimate, but McCafferty blamed changes in GDP arithmetic, “rather than a fundamental change in the outlook.” Show Comments ▼ Tuesday 8 February 2011 9:28 pmcenter_img CBI: UK must cut its deficit by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULLlast_img read more

Verdes hired by AssetCo investors

first_imgWednesday 30 March 2011 8:16 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndo Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share KCS-content whatsappcenter_img whatsapp Shares in troubled fire engine provider?AssetCo jumped 5.9 per cent yesterday after turnaround specialist Verdes Management said it had been appointed to help certain shareholders – although it insisted it was not planning a bid. “AssetCo is regarded by certain shareholders as a business of significant value which is in danger of not being realised by the recent actions taken by the board,” Verdes said in a statement. Show Comments ▼ Verdes hired by AssetCo investors Tags: NULLlast_img read more

No phones on Tube as talks fail

first_img PLANS to provide a mobile phone signal on the London underground in time for the Olympics have collapsed.Sources close to the deal told City A.M. that the sheer complexity of the project means there is no way it can be completed in time for the Games.The collapse also jeopardises a £50m “gift” from Chinese telecoms giant Huawei. The firm had offered to supply heavily discounted equipment for the project as a goodwill gesture to the next Olympic city. However, it is not clear whether Huawei will remain involved with the project if it is resurrected after the Olympics.A joint statement from the operators said: “We have been working closely with infrastructure partners and London Underground for some time with the hope of delivering mobile services to the London Underground and are disappointed that it will not be possible to deliver such services in time for next year’s Olympic Games. As a group, we will continue to positively explore all other avenues available to us in order to provide a service at a later date.”Huawei and the four UK mobile network operators are understood to be millions of pounds out of pocket after investing heavily in development.It is understood the collapse was not linked to Boris Johnson’s insistence that public money should not be used to fund the project. A separate project to install wi-fi access in 120 stations is not affected. Thursday 31 March 2011 8:45 pm No phones on Tube as talks fail whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img Tags: NULL whatsapp Share Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content last_img read more

Catlin’s Japan losses could reach $200m

first_img Show Comments ▼ Catlin’s Japan losses could reach $200m Tags: NULL CATLIN Group yesterday estimated its losses from the Japanese earthquake and tsunami will be around $200m (£122m), net of reinsurance and reinstatements. The insurer also admitted that the estimate – which is based on total insured losses of between $20bn and $30bn – is subject to a considerable degree of uncertainty as the full scale of damage is not yet known. Catlin had previously estimated that its losses from other first-quarter catastrophes would amount to $175m. These figures included the January floods in Australia, and the February earthquake in Christchurch, New Zealand.Catlin said in a statement: “This estimate is subject to a considerable degree of uncertainty as the full scale of human and economic damage is not yet known.“It will be many months until the total amount of insured damage arising from this catastrophe can be estimated with precision.” whatsapp whatsapp KCS-content Wednesday 20 April 2011 7:48 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Sharelast_img read more