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...Aspen, Apollo, Goldman, Citi and Jefferies declined to comment. Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...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...
...Insurers and brokers, which negotiate coverage for companies, have become a target for groups campaigning against environmentally damaging projects because insurance is a pre-requisite for financial backing...
...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...
...Investors include two large insurers: FTSE 100 constituent Beazley, and Aspen Insurance Holdings....
...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....
...Russia’s invasion of Ukraine has had a serious impact on political-violence insurers, with payouts for destroyed buildings one of the main areas of claims paid by carriers, typically to western companies...
...“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...
...So are western allies, judging from the mood at the Aspen Security Forum last week, which featured a video address from Volodymyr Zelenskyy. This obviously has big consequences for geopolitics....
...“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....
...Liberty Specialty Markets....
...Or, for another example, look at Allstate, the insurance group headquartered in Illinois. A few years ago, its executives realised that gerrymandering was undermining democracy in their state....
...Bitfury, at the Aspen Ideas Festival last month....
...Insurance coverage prices in the region are rising as insurance companies face more than $1bn in losses....
...The company also reinstated its first half dividend....
...Companies including Uber and Lyft are fighting to classify their workers as independent contractors, making them ineligible for employee benefits such as traditional unemployment insurance and paid sick...
...The details of the correspondence emerged in the claim by Tata, which is suing three of Gupta’s companies — Liberty Specialty Steels, Liberty House Group and Speciality Steel UK — over the partial payment...
...‘The brainchild of my founding partner’ Athene Holding, an insurance company that Apollo built, starting in 2009, to profit from the disruption of the financial crisis, is a monument to that talent....
...Greetings from Colorado, where the Aspen Institute took a bold leap into post-pandemic existence this week by staging part of its annual Ideas Festival “IRL” — In Real Life....
...Apollo-owned Aspen Insurance borrowed $500m through a PIK deal last week, with roughly half the funds being used to fund a dividend....
...Aon is one of the world’s biggest insurance brokers, assisting companies to organise their cover....
...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.”...
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