AIA warns on risks as it launches IPO

first_img whatsapp AIA warns on risks as it launches IPO KCS-content Show Comments ▼ Tuesday 5 October 2010 7:29 pm AIA Group, which aims to raise about $15bn (£9.4bn) through a Hong Kong listing, flagged a series of business risks including the collapsed bid from Prudential as it launched the share offering yesterday.AIA, the Asian life insurance business of American International Group, also said in the preliminary prospectus filed to the Hong Kong Stock exchange that it would not pay a dividend before 2011.AIG is planning to sell 48.6 per cent stake in AIA to raise up to $14.86bn, a document shows. The net proceeds will be used to repay financial aid AIG received from the US government.AIG revived AIA’s IPO after Prudential cut its takeover offer for AIA to $30.4bn from $35.5bn. In contrast, the IPO would value AIA at as much as $30.5bn.“The terminated Prudential transaction also adversely impacted and may continue to adversely impact agency recruitment and new business production by our agents,” AIA said in its prospectus. “We cannot assure you that our business and prospects will not be materially and adversely affected by the terminated Prudential transaction.”AIA, an Asia-focused insurer, is selling 5.86bn secondary shares at an indicative price range of HK$18.38 (£1.50) to HK$19.68 per share.Despite the red flags, there was a burst of demand for the shares yesterday, with demand equalling the number of shares on offer. The interest is likely to be because AIG has announced the on-again, off-again deal for so long that investors are already familiar with the company. center_img Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap whatsapp 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today Share Tags: NULLlast_img read more

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Ex-MPC member Barker takes private equity role

first_img whatsapp Ex-MPC member Barker takes private equity role Tags: NULL Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative 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.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com FORMER Bank of England Monetary Policy Committee member Kate Barker has snapped up her second high-profile corporate appointment in just a few weeks, having agreed to take up a role as a non-executive director on the board of Electra Private Equity.Electra, which has investments in household names such as insurer Esure and feminine hygiene group Lil-lets, is this morning set to announce the appointment of Barker to its board, effective from November.The move comes after Barker earlier this month accepted a post as a senior adviser to banking giant Credit Suisse. She stepped down from the MPC in May this year after nine years in the position.Electra is chaired by Colette Bowe, the chairman of communications regulator Ofcom. center_img whatsapp 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Sunday 17 October 2010 10:48 pm Show Comments ▼ KCS-content last_img read more

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Tennis Live : American tennis player Tiafoe tests positive

first_img Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates, Follow Live update Tennis Live : American tennis player Tiafoe tests positive Euro 2020 Points table: Germany secure first win, Poland keep Euro hopes alive; Check Euro 2020 latest group standings Share on Facebook Tweet on Twitter Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR American Frances Tiafoe on Saturday joined the list of tennis players to contract coronavirus.Ranked 81st in the ATP rankings Tiafoe has had to pull out of an exhibition event in Atlanta open to the public Tokyo Olympics Village: Organizers unveils Tokyo games athletes village to the media, check first look by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’“Unfortunately, I tested positive late Friday for COVID-19 and have to withdraw from the All-American Team Cup special event this weekend,” the 22-year-old posted on Twitter.“Over the past two months, I have been training in Florida and tested negative there as recently as a week ago.”Tiafoe’s announcement follows the slew of players who contracted COVID-19 after appearing at Novak Djokovic’s exhibition event in the Balkans last month.World number one Djokovic, Grigor Dimitrov, Borna Coric and Viktor Troicki all tested positive at an Adria Tour where social distancing was at a minimum, raising serious questions for professional tennis’ return from lockdown in August.Organisers of the event in Florida reacted to Tiafoe’s news on social media, saying that he and all the other players were tested on their arrival in Atalanta and subjected to daily temperature tests.“Tiafoe has left the event site and will not participate in the remainder of the event. We will continue to diligently enforce all guidelines from local health officials.”The statement added: “Following his match (a win against Sam Querrey), he was showing symptoms and was retested and tested positive.“Upon learning this information, we immediately began deep cleaning and sanitizing the event site, and enacted protocols in place for contact tracing and alerting individuals who may have been exposed.”The ATP Tour returns after its five month coronavirus hiatus with the behind closed doors Washington Open on August 14, with the US Open at the end of the month. Previous articleCricket: Forgot count of how many team meetings were held to discuss Tendulkar says HussainNext articlePremier League Live : Manchester United, Leicester City registers convincing victories in Premier League Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Latest Sports News Football Euro 2020, Italy vs Wales LIVE: Gareth Bale issues warning for Italy ahead of crucial fixture – Follow Live Updates Esports Football By Kunal Dhyani – July 4, 2020 TAGSATP tourCovid19 in tennisFrances Tiafoe tests positivNovak Djokovic Adria TourTennis Live SHARE Football SportSport News Facebook Twitter Euro 2020 Top Scorers: Ronaldo joins Patrik Schick at top, Lukaku remains second; Check who is leading the Euro 2020 Golden Boot race PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO Football Football Football Football Football YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsored RELATED ARTICLESMORE FROM AUTHOR Euro 2020- Spain vs Poland Highlights: Spain held to 1-1 draw as Lewandowski’s Poland keep Euro hopes alive Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WALlast_img read more

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Standard Alliance Insurance Plc (STDINS.ng) Q32014 Interim Report

first_imgStandard Alliance Insurance Plc (STDINS.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2014 interim results for the third quarter.For more information about Standard Alliance Insurance Plc (STDINS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Standard Alliance Insurance Plc (STDINS.ng) company page on AfricanFinancials.Document: Standard Alliance Insurance Plc (STDINS.ng)  2014 interim results for the third quarter.Company ProfileStandard Alliance Insurance Plc is an insurance company in Nigeria offering general and risk insurance as well as life assurance and annuity products and services for corporate and high net-worth individuals. Home insurance products cover homeowners, burglary and housebreaking, fire and special perils, risk and computer/electronics insurance. Business insurance products include professional indemnity, consequential loss, goods-in-transit, machinery breakdown, public/product liability, contractors all-risk and fidelity guarantee insurance. Engineering insurance products cover erection and plant all-risks insurance. Special risk insurance covers boiler and pressure vessels, marine cargo and hull, oil and gas, aviation insurance, travel and compulsory insurance. Formerly known as Jubilee Insurance Company Limited, the company changed its name to Standard Alliance Insurance Plc in 1996. The company’s head office is in Lagos, Nigeria. Standard Alliance Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

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Texas Supreme Court rules against Episcopal Diocese of Fort Worth…

first_img In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Canon for Family Ministry Jackson, MS Rector Martinsville, VA [Episcopal News Service] On May 22, the Supreme Court of Texas issued a ruling against the Episcopal Diocese of Fort Worth and in favor of a breakaway group now affiliated with the Anglican Church in North America in a dispute over which group legally controls the diocese’s property.The ruling reversed a 2018 appeals court decision that established The Episcopal Church’s diocese, led by Bishop Scott Mayer, as the rightful controller of the Diocese of Fort Worth. In 2008, a majority of clergy and lay leaders in the Diocese of Fort Worth voted to leave The Episcopal Church and join the Anglican Province of the Southern Cone over doctrinal differences on topics like same-sex marriage and the ordination of women. Now there are two entities calling themselves the Episcopal Diocese of Fort Worth: the original diocese associated with The Episcopal Church and the breakaway group that is now part of the Anglican Church in North America.The Supreme Court decision puts the ACNA-affiliated group in control of the diocese’s $100 million worth of property.Bishop Scott Mayer of the Episcopal Diocese of Fort Worth“This decision is a disappointment to us all, but as followers of Jesus Christ, we live in hope,” Mayer wrote in a letter to his diocese. “Presiding Bishop Michael B. Curry joins me in acknowledging our disappointment and urging all of us to be gentle with one another during this trying time, with the important goal of continuing our worship of God and our ministries in this diocese in as uninterrupted [a] manner as possible. Now I, other diocesan leaders, and our legal team have to make decisions about our next steps.”Katie Sherrod, the Episcopal diocese’s director of communications, said the diocesan leadership is “deeply disappointed and actually shocked by this decision” and will now consider whether to appeal to the United States Supreme Court.“If we know anything about the people of the Diocese of Fort Worth, it is that they are resilient. They are faithful,” Sherrod told Episcopal News Service. “And they’ve been through this once before, when they lost everything and came back, and I suspect they’ll do it again.”Read Mayer’s full statement here. Rector (FT or PT) Indian River, MI Rector Shreveport, LA Property Bishop Diocesan Springfield, IL Rector Pittsburgh, PA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Bath, NC Curate Diocese of Nebraska Rector Albany, NY Assistant/Associate Rector Washington, DC Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Assistant/Associate Rector Morristown, NJ Course Director Jerusalem, Israel Rector Hopkinsville, KY Submit a Press Release Rector/Priest in Charge (PT) Lisbon, ME New Berrigan Book With Episcopal Roots Cascade Books Submit an Event Listing Featured Jobs & Calls An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Tags Youth Minister Lorton, VA Curate (Associate & Priest-in-Charge) Traverse City, MI Associate Rector Columbus, GA Rector Belleville, IL Director of Administration & Finance Atlanta, GA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest center_img Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Texas Supreme Court rules against Episcopal Diocese of Fort Worth in property dispute The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector and Chaplain Eugene, OR Rector Collierville, TN Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Family Ministry Coordinator Baton Rouge, LA Associate Priest for Pastoral Care New York, NY The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Knoxville, TN This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Smithfield, NC Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Director of Music Morristown, NJ Priest-in-Charge Lebanon, OH By Egan MillardPosted May 22, 2020 Featured Events Rector Washington, DC Fort Worth update, Rector Tampa, FL Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Press Release Service Submit a Job Listing Priest Associate or Director of Adult Ministries Greenville, SC Assistant/Associate Priest Scottsdale, AZ Missioner for Disaster Resilience Sacramento, CA Cathedral Dean Boise, ID AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Associate Rector for Family Ministries Anchorage, AK last_img read more

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Ravel Residence / OZ

first_img Photographs CopyAbout this officeOZOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingAmsterdamIcebergOn FacebookThe NetherlandsPublished on March 27, 2021Cite: “Ravel Residence / OZ” 27 Mar 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save想阅读文章的中文版本吗?Ravel 青年公寓,方圆两面派 / OZ是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Ravel Residence / OZ Save this picture!© Ronald Tilleman+ 20Curated by María Francisca González Share CopyHousing•Amsterdam, The Netherlands 2015 Project Management: Housing Manufacturers: Cape Cod, Carl Stahl, Plastica, Jan Snel Year:  The Netherlands ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/927768/ravel-residence-oz Clipboard Area:  24500 m² Year Completion year of this architecture project Design Team:John Bosch, Thijs Ultee, Martin de Jong, Harmen Meijer, Wilgo ElshotClients:The Student Experience, Verwey Holding MijdrechtEngineering:Jan SnelConsultants:Promad, BoGro BV and LBP SightCity:AmsterdamCountry:The NetherlandsMore SpecsLess SpecsSave this picture!© Ronald TillemanRecommended ProductsFiber Cements / CementsApavisaTiles – Nanofusion 7.0Fiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsWoodGustafsWood Veneered Wall & Ceiling PanelsFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)Text description provided by the architects. The Ravel Residence is a versatile, sustainable campus for 800 students, designed to have a positive impact on the urban environment. The goal was to give the Ravel location a new urban identity, with a better connection to the urban and cultural climate in Amsterdam. The use of bicycles and public transport is stimulated and encouraged.Save this picture!© Ronald TillemanA mix of functions provides a viable and enjoyable living and working environment in a green urban environment. Ravel Residence is a durable, recyclable building shaped by detailed attention to flexibility. Long term quality assurance is achieved through careful management of energy, environmental, and social services.Save this picture!© Ronald TillemanSave this picture!Floor PlanSave this picture!© Ronald TillemanStudent housing is primarily housing for young people who are at the start of their (living) career. This growing group is on the lookout for good, affordable, sustainable, and flexible accommodation. They all want places of their own, with plenty of privacy, but also with opportunities to build up a social student life. Preferably in a dynamic urban setting close to amenities and public transport. Ravel Residence has become a large scale student campus on an urban location with international appeal.Save this picture!© Ronald TillemanSave this picture!© Ronald TillemanThe location provides everything a student needs for pleasant and comfortable living. There are study rooms for individual or collective use; facilities designed in the manner of a grand café, a lounge, or a private dining room — in order to cook and eat with guests. There is a laundry, a large bicycle storage and a courtyard, as well as a unique sports field installed on the roof of the building. There is even a general practitioner’s practice, where a neighbourhood doctor visits the Ravel Residence twice a week for consultations.Save this picture!© Ronald TillemanWe were asked to make an entrance at the side of Antonio Vivaldistraat and create a special program that stimulates liveliness in the area at the corner of the Boelelaan. By removing a number of apartments at strategic locations, we were able to create spaces for public, commercial, and collective purpose. The mix of public and private functions, complemented by two separate outdoor spaces, each with its own character, ensures a pleasant living environment.Save this picture!© Ronald TillemanProject gallerySee allShow lessPOAL Car Handling Facility / Plus ArchitectureSelected ProjectsPitanga House / Estúdio BRASelected ProjectsProject locationAddress:Antonio Vivaldistraat 5, 1083 HP Amsterdam, The NetherlandsLocation to be used only as a reference. It could indicate city/country but not exact address. Share Bouwsupport 1 “COPY” “COPY” Ravel Residence / OZSave this projectSaveRavel Residence / OZ Architects: OZ Area Area of this architecture project ArchDaily Projects Photographs:  Ronald Tilleman Manufacturers Brands with products used in this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/927768/ravel-residence-oz Clipboardlast_img read more

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Corn, Wheat Growers Want Better Trade Aid Deal

first_img Corn and wheat lobbyists are making the rounds in Washington, D.C., and trying to get a better trade-aid deal for their growers than they got in the first round. Soybean growers made out much better in the first round of trade aid because they were hit hardest when China stopped accepting soybean imports. U.S. farmers had been the biggest soybean exporters to China in the world. At the time, Ag Department officials said the formula they developed to provide the most aid to soybean farmers was necessary because of World Trade Organization rules. Soybean producers received a Market Facilitation Program payment of $1.65 per bushel. Corn farmers only got one cent per bushel. “A penny didn’t cut it before and won’t cut it now,” says a National Corn Growers Association spokeswoman “NCGA is working to determine if there are some alternative options that can be shared with the administration.”The Indiana Corn Growers have set up a special Take Action page to allow producers to express their support for a better trade aid package. CLICK HEREWheat growers received payments of 14 cents per bushel and weren’t happy with that either. The National Association of Wheat Growers says it has requested a meeting with USDA Chief Economist Rob Johansson and Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney.Source: NAFB News Service Facebook Twitter SHARE By Gary Truitt – May 15, 2019 Home Indiana Agriculture News Corn, Wheat Growers Want Better Trade Aid Deal Facebook Twitter SHARE Corn, Wheat Growers Want Better Trade Aid Deal Previous articleEuropean Commission Removes Anti-Dumping Duties on U.S. Ethanol ImportsNext articleThe agBOT Challenge, A Look at the Not Too Distant Future Gary Truittlast_img read more

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Hurricane Harvey’s Effect on Flood Insurance Coverage

first_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago FEMA Flood Insurance flooding hurricane harvey hurricanes National Flood Insurance Program Natural Disasters nfip 2018-08-01 David Wharton Previous: Wells Fargo Settles Allegations of Fraud for $2.09B Next: The Next Housing Crisis, Plus More From DS News Share Save The Best Markets For Residential Property Investors 2 days ago When Hurricane Harvey hit the Houston area in August 2017, the storm caused $125 billion in damage, damaged 203,000 homes, and destroyed 12,700. To make matters worse, FEMA reported that 80 percent of all households affected by Harvey didn’t have flood insurance to help mitigate the financial impact of the disaster. Moreover, according to a new analysis by the AP, “fewer than one in five properties in high-risk flood zones had coverage.” In the months since, more affected homeowners have secured flood insurance, but will that trend last?FEMA reports that the number of Texas flood insurance policies increased by 18 percent between July 2017 and May 2018. In Harris County, that increase was 23 percent, and Fort Bend County increased by a whopping 54 percent. Houston now stands as the city with the most properties insured against floods, having surpassed the previous record-holder, Miami.However, past events suggest this post-disaster increase is not likely to translate into a long-term trend. AP reports that flood insurance policies in Louisiana jumped by more than 100,000 after Hurricanes Katrina and Rita in 2005, but then began to drop again. “The year after Superstorm Sandy in 2012, flood insurance policies increased by 2 percent in New Jersey and 12.5 percent in New York,” according to the AP. “But since the end of 2013, policies have dropped by 7.4 percent in New Jersey and 8 percent in New York.”Standard homeowners and renters insurance does not typically cover flood damage, and while some lenders require flood insurance for homebuyers, it’s not a requirement for many properties that fall outside of designated flood zones. Unfortunately, being outside of a designated flood zone is no guarantee that a home is safe from flooding, especially when a natural disaster like Harvey is concerned. In fact, FEMA reports that more than 20 percent of flood claims come from properties outside high-risk flood zones. Even so, convincing homeowners to pay the extra expense for flood insurance that isn’t mandatory is no easy task.FEMA has set a goal of trying to double the number of structures covered by flood insurance from 4 million to 8 million by 2022. However, FEMA’s National Flood Insurance Program (NFIP) has more pressing problems that could stand in the way of that longshot goal—funding. This week the Senate voted 86-12 to extend the NFIP until November 30, on the very day it was otherwise set to expire. But a four-month extension doesn’t provide a long-term solution to the flood insurance issue.The NFIP provides flood coverage for more than 22,000 American communities and was originally set to expire last fall. Although the House of Representatives passed a reform bill entitled the 21st Century Flood Reform Act, reform for the program then stalled in the Senate. Since then, the Senate has okayed a series of extensions for the program. Following the devastating effects of Hurricanes Harvey, Irma, Jose, and Maria, the NFIP was—and still is—deeply in debt. Congress has already agreed to forgive $16 billion in debt from the program.“Affordable and readily available flood insurance is vital for the more than 20,000 communities across the United States that depend on the National Flood Insurance Program,” said Rebeca Romero Rainey, President and CEO  of the Independent Community Bankers of America. “A long-term reauthorization of the NFIP is needed to ensure coverage remains available to affected communities and to avoid further disruptions to the market.” Sign up for DS News Daily Hurricane Harvey’s Effect on Flood Insurance Coverage About Author: David Wharton Home / Daily Dose / Hurricane Harvey’s Effect on Flood Insurance Coverage Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago August 1, 2018 4,087 Views  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, Journal, Loss Mitigation, Market Studies, News Tagged with: FEMA Flood Insurance flooding hurricane harvey hurricanes National Flood Insurance Program Natural Disasters nfip David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Subscribelast_img read more

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Continued Demand Drives Prices to Record Levels

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth.Regionally, median sale prices increased from over 2020 in all but two of the 85 largest metro areas that Redfin tracks. The only places prices didn’t increase were Honolulu, where they fell 4.7% from a year ago and San Francisco, where they were down 1.6%. The largest price increases were in Austin, Texas (+28%); Fresno, California (+23%); and North Port, Florida (+23%), three popular destinations for newly-remote workers who have been leaving the most expensive metro areas during the pandemic in search of more affordable locales.One factor that may have led to the rise in price is the nationwide shortage of available homes, as in March, the number of homes for sale fell to a record low, with a record year-over-year drop of 29%. And while the number of homes sold in March was up year-over-year in most of the 85 largest metro areas Redfin tracks, 11 metros did see declines. The largest gains in sales were in New York (+58%), San Jose (+56%), and San Francisco (+55%). The metro areas where home sales fell the most were Rochester, N.Y. (-9%), Grand Rapids, Michigan (-9%), and Dayton, Ohio (-7%).With potential buyers picking the inventory clean, the typical home sold in March 2021 went under contract in 25 days—19 days fewer than a year earlier and the fastest pace on record. And in March a record-high 42% of homes sold above list price, the largest share on record.In terms of inventory, active listings fell 29% year-over-year to their lowest level on record, marking the largest year-over-year drop on record, and the 20th-straight month of declines.Only four of the 85 largest metros tracked by Redfin posted a year-over-year increase in the count of seasonally-adjusted active listings of homes for sale with San Francisco at +34%; San Jose at +20%; Oakland, California at +8%; and Los Angeles a+3%. The biggest year-over-year declines in active housing supply in March were seen in the Salt Lake City (-66%); Baton Rouge, Louisiana (-59%); and Allentown, Pennsylvania (-52%) markets.New listings of homes for sale fell 7% in March from a year earlier. And despite the steady decline in new listings of homes for sale, pending sales were still up 22% from 2020.“Despite the intense competition and high prices we face, I still see more big gains to be made in home equity,” said Redfin Lead Economist Taylor Marr. “Fundamentals like low mortgage rates and high demand for housing are fueling the record-high price gains, so I don’t believe that homes are overvalued. Waiting for the market to cool could take many months, and at that point we may have missed out on the opportunity to benefit from these super-low mortgage rates and price gains in the year ahead.” April 15, 2021 606 Views Previous: Challenges Facing Mortgage Loan Borrowers of Color Next: Lipscomb to Lead Compliance Efforts at Homepoint Demand Propels Home Prices Upward 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Journal, News Subscribe Continued Demand Drives Prices to Record Levels The Best Markets For Residential Property Investors 2 days ago About Author: Eric C. Peckcenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Tagged with: Home Sales Redfin Taylor Marr Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home Sales Redfin Taylor Marr 2021-04-15 Eric C. Peck Home / Daily Dose / Continued Demand Drives Prices to Record Levels Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily  Print This Postlast_img read more

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Police in Derry revisit scene of constables death

first_img By News Highland – February 16, 2013 WhatsApp RELATED ARTICLESMORE FROM AUTHOR Facebook Police investigating the death of Constable Philippa Reynolds last week will revisit the scene today in an attempt to speak to potential witnesses and gather more information about the incident.27 year old Constable Reynolds was killed when the driver of a stolen Toyota Land Cruiser drove into an unmarked police car at Dale’s Corner in the Waterside.Police stopped traffic and handed out leaflets on the Clooney Road junction, King Street Link, Limavady Road and Glendermott Road areas in the early hours of this morning, a week after the fatal crash.Detective Inspector Mark McClarence who coordinated the exercise said police have received a great response from the public, and they remain anxious to speak to other witnesses who have not yet come forward.They are particularly urging anyone who may have been in the area or saw the silver coloured Toyota Land Cruiser travelling between Fountain Hill and Dale’s Corner between 3am and 3.30am on Saturday last the 9th of February to contact Strand Road station or call the Crimestoppers line.Two men have already been charged in relation to Constable Philipa Reynolds’ death. Twitter Pinterest Gardai continue to investigate Kilmacrennan fire News Facebook 365 additional cases of Covid-19 in Republic Google+center_img Twitter Main Evening News, Sport and Obituaries Tuesday May 25th 75 positive cases of Covid confirmed in North Google+ Further drop in people receiving PUP in Donegal Police in Derry revisit scene of constables death WhatsApp Pinterest Previous articleEight on trolleys at Letterkenny General HospitalNext articleBuncrana Councillor calls on local authority not to pursue unfair parking tickets News Highland Man arrested on suspicion of drugs and criminal property offences in Derry last_img read more

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