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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...
...K-SURE, the South Korean government export credit agency, has withdrawn insurance needed to underwrite SK E&S’s investment in the Timor Sea project....
...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...
...Perhaps comparing this year and last year’s 8-K filings with the vote results offers a small clue: We can’t imagine why they decided to ditch the percentage....
...“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...
...A different type of mess is now surrounding Lincoln National Corp, the Radnor, Pennsylvania-based insurance company that lends the stadium its name....
...Investors have long debated whether Tesla is an auto company or a tech company. We believe it’s both, but see the biggest value driver from here being software and services revenue....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...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....
...Sensible enough when it had only a few users, portfolio insurance employed on a large scale became dangerous....
...On PredictIt, Clarke carved out a specialty in pardon markets, studying the minutiae of pardon and clemency procedures, a strategy which proved lucrative during the Trump administration....
...They then freaked out and told their companies to withdraw all their cash.)...
...First Republic said in its latest 10-K that the weighted average duration of its held-to-maturity portfolio was nearly 11 years at the end of 2022....
...But then we find footnotes like this one, in the 10-K of Western Alliance Bancorp, another regional bank that’s gotten shellacked by its shareholders: WAB is a participant in the IntraFi Network, a network...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...pension, life insurance, disability coverage, a 401(k), and health insurance upon retirement from play....
...“It’s thought of more as an insurance policy.”...
...Lantigua’s is a tragic story of snowballing debts and attempted insurance fraud, so the comparison with Musk, who appeared to be motivated by the lulz, isn’t perfect....
...A South Korean state-run bank has delayed the approval of a loan earmarked for an offshore gas project run by Australian energy company Santos after indigenous Australians argued the project would damage...
...and even insurance pots....
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