Hints and tips:
...It received a £160,000 fine last year, its first-ever from the FRC, over its audits of insurer AmTrust Europe....
...The firm no longer audits AmTrust and the company’s financial statements were not affected by the BDO failures....
...Carl Icahn has taken a 9.4 per cent stake in AmTrust Financial Services and is opposing a proposal to take the company private, sending shares of the New York-based property and casualty insurance company...
...Carl Icahn has filed a lawsuit in Delaware Chancery Court seeking to block a deal to take AmTrust Financial Services private, saying the deal undervalues the company....
...NextEra to buy Florida utility from Southern for $5.1bn (WSJ) LaSalle Hotel accepts Blackstone’s $3.7bn cash offer (Reuters) Deutsche Bank’s problems threaten a star Banker (NYT) Icahn sues to block AmTrust...
...(FT) Short sellers and honey traps Amtrust Financial Services is being chased by short-sellers....
...AmTrust, Esure and UIA did not immediately respond to requests seeking comment....
...– Secret recordings play role in SEC probe of insurer AmTrust. – Dani Rodrik: The time for compensating the losers of free trade has come and gone....
...Credit card companies also added to the early optimism after Bank of America-Merrill Lynch raised American Express, Capital One Financial and Discover Financial Services from “underperform” to “neutral”....
...Amtrust, which underwrites Car Protect cover sold by Motor Direct, from March offered pro-rata refunds of premiums if consumers repaid their loan early....
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