Hints and tips:
...It plans to hire more expert underwriters and invest in its technology platform too, Funabiki said....
...After all, Adani is no pariah in the financial world; it has established relationships with a wide range of international banks....
...“If folks in other jurisdictions . . . feel it is a good time to be giving away this cover to gain market share, best of British luck to them,” he told underwriters at a quarterly presentation. ...
...But Patrick Tiernan, Lloyd’s chief of markets, said the institution was acting responsibly to develop a product “that is in its infancy and still has relatively low international penetration”....
...India granted permission for ships to enter its ports covered by certain Iranian underwriters. Iran has its own P&I insurer, Kish, created as western insurers pulled back....
...There is the brand, its financial strength, the value of its licences, its international relationships, and the power it has to herd its members....
...the behaviour highlighted by this case, and I want to be clear that discrimination, harassment and bullying have no place at Lloyd’s,” said John Neal, chief executive of the corporation that oversees the international...
...Job moves Advent International has hired Xavier Garambois as an operating partner. He led Amazon’s European consumer business from 2012 to 2020....
...Their accounts are often published only in Chinese and many do not include metrics most commonly used by international analysts....
...The London & International Insurance Brokers’ Association, a trade body, last week set out 10 principles for the future of trading....
...Grayer was most recently a senior executive at managing general underwriter Concord Specialty Risk....
...It has also been supported by Gavi, an international organisation that improves access to vaccines in low-income countries....
...We held one of our regular briefings for all the top underwriters in London yesterday [Thursday] and received very positive feedback from them.”...
...managers and underwriters.”...
...Underwriters can choose to sell another 10 per cent via a so-called “greenshoe” mechanism to bring in further proceeds of £31m....
...Alibaba became the third-biggest shareholder in China International Capital Corporation, even though Tencent has the second-largest stake in the leading investment bank....
...He also signalled a shift in the market’s international priorities....
...The result of all this has been an extraordinarily profitable banking industry by international standards....
...Swissport announced on Wednesday that Barclays will be the “sole underwriter” of a €325m term loan B backing the company’s acquisition of Aerocare, an Australian flight support services operator....
...marketplace to pool and spread risk, but business is increasingly gravitating towards larger groups with their own capital and global offices that do not necessarily need the security of Lloyd’s or its international...
...All of Volvo’s main international rivals — BMW, Daimler, Audi, Lexus, JLR and Cadillac — access the market through joint ventures that include sharing profit with a local producer....
...Dave Matcham, chief executive of the International Underwriting Association, said that the system “can only be successful if it is widely used across the London market . . ....
...We are forming new partnerships,” Eddie Ahmed, chief executive of MassMutual International, said....
...Advent International, the private equity group, has dropped out from the process because, we’re told, they couldn’t see any appeal in the “old and tired” brand....
...MSCI, remember, stands for Morgan Stanley Capital International....
International Edition