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...relation to the group....
...AIG has undergone significant change during his tenure, with moves including last year’s initial public offering of its life insurance and retirement business, Corebridge....
...“As risks increase because of climate change, we will need insurance more than ever, but access to insurance may become more limited,” warns Wellcome’s Thomson....
...The bond, which Trump had to post in order to pause the enforcement of the judgment while he appeals against it, was underwritten by the Knight Insurance Group in California, according to a filing to a Manhattan...
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...Greensill’s insurers, which include BCC’s former parent Insurance Australia Group, Tokio Marine and Zurich are refusing to pay out on the company’s credit cover....
...White Oak argues that from at least July 2020, Marsh was aware that Tokio Marine, Greensill’s lead insurer, had taken the decision not to extend further insurance to the group....
...In a report ahead of the vote on April 13, Institutional Shareholder Services rebuked the Zurich-based group, which is one of the world’s biggest reinsurers and a vocal advocate of diversity, for falling...
...The Cathiards of Ch Smith Haut Lafitte in Bordeaux have established Cathiard Vineyard in the lauded Rutherford foothills of the Mayacamas range on the west side of the valley....
...Travellers, meanwhile, was an insurance company that also had an investment banking arm. SMITH BARNEY: Smith Barney. They make money the old fashioned way....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...Here’s AIG’s relative total share return peer group: AIG says: Peers used for relative TSR performance metric applicable to PSUs granted in 2020 and 2021 reflected a combination of General Insurance, Life...
...The Federal Deposit Insurance Corporation, which is leading the government effort, received bids from banks including JPMorgan Chase, PNC and Citizens, according to three sources with knowledge of the situation...
...The US government has asked JPMorgan, PNC and several other financial groups, including a handful of non-bank investment firms, to bid for all or part of First Republic, as US regulators try to determine...
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...“There is a trade-off in allowing too long of a transition period,” said Jeremy Kress, a former lawyer in the banking regulation and policy group at the Fed who is now at the University of Michigan....
...The unit still owes significant amounts to the wider insurance group in the form of intercompany loans that were funded by the government bailout, which was ultimately recouped by the taxpayer....
...How to manage rapid expansion: Alan Ryder, CEO of engineering and environmental group RSK, is ambitious when it comes to acquiring new businesses....
...identified “serious weaknesses” in Citigroup’s data management as part of a plan detailing how the bank could be wound up in the event of a crisis, in the latest regulatory headache for the Wall Street group...
...Wadhwani, a 53-year-old Indian and head of the Asia business for the Toronto-based insurance group Manulife, will be the first Asia-based chief of the insurance group, which has undergone radical transformation...
...Then in April that year, chief operating officer Roddy Thomson died by suicide, according to a coroner’s inquest, which said he had become “very stressed with his work”....
...Mark Pring, a partner specialising in insurance issues at the law firm Reed Smith, said there was likely to be a “wave” of insurance claims over assets stranded in Russia in the coming months....
...The firm has taken on companies such as health insurance group Humana and department store operator Kohl’s....
...Tokio Marine and Insurance Australia Group, which insured the bulk of Greensill’s riskier lending, have both accused Greensill of making “fraudulent” misrepresentations and declined to pay out on any claims...
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