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...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...It allowed investors such as Canada’s Ontario Teachers’ Pension Plan to gain exposure to the market’s underwriting profits — and losses — through a reinsurance arrangement with a Lloyd’s insurer, without...
...Canada’s Brookfield Asset Management also studied a bid but decided not to move forward, said two people briefed on the matter....
...Barclays has named Geoffrey Belsher as chair and country chief executive officer for Canada, based in Toronto....
...“I don’t think that [Solvency II overhaul] does result in a weakened insurance industry,” she added....
...Wirecard criminal convictions (FT) UBS faces hit of hundreds of millions of dollars over Credit Suisse’s Archegos failings (FT) Elliott accuses LME of rushed decision over cancelled nickel trades (FT) Canada...
...HSBC experienced that treatment after it provided crucial information to US prosecutors pursuing a case against Huawei and its chief financial officer Meng Wanzhou in 2017, who was arrested in Canada....
...Other researchers said companies in Canada and India are also expected to be affected....
...HSBC Bank Canada is the seventh-largest lender in the country with C$125bn ($91bn) of assets and C$74bn of loans. Focused on western Canada, it made $768mn in pre-tax profit last year....
...In November, it agreed to sell the division to Royal Bank of Canada for $10bn....
...FTX hit a valuation of $32bn at the start of this year, with blue-chip investors including BlackRock, Canada’s Ontario Teachers’ Pension Plan and SoftBank backing the company....
...The announcement of the closures comes a day after the bank agreed to sell its Canadian business to Royal Bank of Canada for $10bn....
...HSBC Bank Canada is a very strong business and Canada’s leading international bank. The review is at an early stage and no decisions have been made.” JPMorgan declined to comment....
...The purchase of the railroad operator will enable Canadian Pacific to launch the first rail network spanning Canada, the US and Mexico....
...Subscribers to Unlimited can now upgrade to HD in the US, UK, Germany, Canada, France, Italy, and Spain....
...The following year, Canada’s energy regulator decided to redact the names of its insurers in public filings, amid growing pressure....
...CDPQ, which manages some public pension plans as well as insurance plans, operates independently from the Canadian government....
...Shares in the parent company of online insurance marketplace Policybazaar surged after being sold in its IPO for Rs980 in November....
...“There is no stability, there is no insurance as to when our flights will arrive,” said Bravo, who imports about five tonnes of food a week to supply local restaurants, cafés and hotels....
...Canadian Pacific made a new, higher offer on Tuesday to buy Kansas City Southern worth about $31bn, including debt, reviving its takeover battle for the US freight railroad with arch-rival Canadian National...
...Nor is it purely a US list, with companies such as Canada’s Shopify and France’s LVMH included....
...By merging Apollo with Athene Holding, the insurance company that he helped to create a decade ago, Rowan is turning a nimble asset manager into a lumbering insurance company that itself carries more than...
...Read wants to adopt automation such as self-service kiosks in 2,000 to 3,000 branches, as done by Post Canada, a move he admits will cost jobs....
...Washington is trying to extradite her from Canada over alleged sanctions violations. Ms Meng has denied the allegations....
...They are: Arch; Argenta Syndicate Management; Ecclesiastical; Hiscox; MS Amlin; QBE UK; RSA; and Zurich....
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