L.S. Howard

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So far L.S. Howard has created 499 blog entries.
31 03, 2021

Hong Kong Developing SPAC Framework – But Lack of D&O Insurance Could Be Issue

By | March 31st, 2021|Uncategorized|Comments Off on Hong Kong Developing SPAC Framework – But Lack of D&O Insurance Could Be Issue

Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and targets allowing deals to start by the end of this year, according to people familiar with the matter. The city …

31 03, 2021

City of London Financial Center Likely to See Most Workers Return After Pandemic

By | March 31st, 2021|Uncategorized|Comments Off on City of London Financial Center Likely to See Most Workers Return After Pandemic

LONDON – The City of London financial center, which has resembled a ghost town since the coronavirus swept the world last year, is likely to see most workers return to their offices after the pandemic, the City’s political leader said …

29 03, 2021

Mastercard Battles Attempts to Expand Scope of $19B Class Action in UK

By | March 29th, 2021|Uncategorized|Comments Off on Mastercard Battles Attempts to Expand Scope of $19B Class Action in UK

LONDON – Mastercard, a global payment processor, is battling attempts to add about 14 million deceased people to a 14 billion pound-plus ($19.3 billion) British class action in an effort to limit the scope of the historic case. A Mastercard …

30 03, 2021

Insurance Unlikely to Cover all Shipowers’ Expenses Incurred from Suez Closure Chaos

By | March 30th, 2021|Uncategorized|Comments Off on Insurance Unlikely to Cover all Shipowers’ Expenses Incurred from Suez Closure Chaos

The owners and charterers of ships unable to sail through the the Suez Canal for nearly a week face at least $24 million in expenses they will be unable to recoup as their insurance policies do not cover them, industry …

30 03, 2021

Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier

By | March 30th, 2021|Uncategorized|Comments Off on Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier

LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on Monday. The City of London was cut adrift from …

30 03, 2021

Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days

By | March 30th, 2021|Uncategorized|Comments Off on Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days

TOKYO – Japanese chipmaker Renesas Electronics said on Tuesday it would take at least 100 days to get back to normal production at its fire-hit plant, even as the government urged some Taiwanese companies to help with alternative chip production. …

30 03, 2021

Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re

By | March 30th, 2021|Uncategorized|Comments Off on Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re

Natural and man-made catastrophes cost the insurance industry US$89 billion in 2020, in the fifth costliest year since 1970, according to a report from Swiss Re’s sigma. Of that total, US$81 billion related to claims from natural catastrophes, with the …

30 03, 2021

Lengthy Legal Battles Expected from Suez Canal’s Longest Closure in Almost 50 Years

By | March 30th, 2021|Uncategorized|Comments Off on Lengthy Legal Battles Expected from Suez Canal’s Longest Closure in Almost 50 Years

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning. With cargoes delayed for weeks if not months, the blockage could unleash a flood of …

26 03, 2021

Gender Pay Gap in Australia Is Worst in Insurance and Finance Industries: Study

By | March 26th, 2021|Uncategorized|Comments Off on Gender Pay Gap in Australia Is Worst in Insurance and Finance Industries: Study

Australia is losing momentum in efforts to bring equality to the workforce, with a new study finding that it will probably take another 26 years until women are paid the same as men. The gender pay gap is worst in …

26 03, 2021

Germany’s Allianz Emerges as Frontrunner to Buy Aviva Poland for $2.9B: Sources

By | March 26th, 2021|Uncategorized|Comments Off on Germany’s Allianz Emerges as Frontrunner to Buy Aviva Poland for $2.9B: Sources

Allianz SE, Europe’s largest insurer, has emerged as the frontrunner to buy the Polish operations of Aviva Plc in one of the most competitive insurance auctions in the region this year, people with knowledge of the matter said. The British …