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...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
...Their performance was helped by a few big successes such as insurance group Skyward Specialty, which has risen 125 per cent since listing a year ago, and Rayzebio, which is up 244 per cent, driven by news...
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Srdjan Todorovic, head of political violence and hostile environment solutions at its specialty arm, wrote that the “rapid galvanising effect of social media means unrest can occur in multiple locations...
...“It has become a bigger company and this could create the perception that it needs more insurance,” said Kevin Lacroix, an attorney and executive vice-president at RT ProExec, a unit of RT Specialty, an...
...“Insurance and grain futures were once distrusted concepts that evolved into the important risk-management tools we know today....
...The IRA has created an opportunity for new kinds of insurance products, too, said Jordan Tamchin, tax insurance practice leader at CAC Specialty, a broker....
...growing environmental disclosure requirements for companies around the world has also increased the risk to businesses, said Terry FitzGerald, head of financial and professional liability at insurer Liberty Specialty...
...But a much discussed idea of a public-private insurance backstop, to make sure businesses can get some protection against the next pandemic, has yet to see the light of day....
...Tata is suing for £7.9m, which includes the remainder plus interest and £1.3m for insurance liabilities....
...This is not Onex’s first foray into insurance — it has also backed Ryan Specialty and York Risk Services....
...Jon Turner, head of insurance broker Gallagher’s UK specialty business, said: “There was a snowball rolling down the hill and coronavirus has added to that as it gathers momentum.”...
...“There is an opening not to try and replicate what big firms are doing but to go narrow and deep, built on specialty insurance and reinsurance expertise.”...
...Specialist insurers, for shipping or property, number FM Global, Tokio Marine, Liberty Specialty Markets and Hiscox....
...Marsh JLT Specialty....
...“The big, global events will have a very comprehensive policy,” said Edel Ryan, of the special risks practice at insurance broker Marsh JLT Specialty....
...Sarah Stephens, head of cyber, international, at insurance broker Marsh JLT Specialty, says that ransom demands across the board are rising....
...Then he co-founded Redemption Roasters, a specialty coffee company with five London shops, a wholesaling operation and a prison roastery....
...broker Marsh JLT Specialty....
...risks practice at insurance broker Marsh JLT Specialty....
...Richard Dudley, chief executive of Aon’s wholesale and specialty insurance broking business, said: “We are very supportive of what [Mr Neal] is doing....
...The company submitted its claim to a group of insurers led by Zurich and Liberty Specialty Markets....
...Andrew Harrison-Sleap, head of the construction professional indemnity business at insurance broker Marsh JLT Specialty, said the publicity around Grenfell was putting insurers off....
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