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...One of Tokio Marine’s acquisitions, highlighted in a recent investor deck, was its April 2019 deal to buy the Bond & Credit Co, which provided $10bn of credit cover to Greensill Capital....
...his co-shareholders....
...Brereton was an executive at underwriting agency Bond & Credit Co, which was then 50 per cent owned by IAG and issued insurance policies on its behalf....
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...What are the impacts of any efforts associated with things like ocean fertilisation [adding iron to the ocean to stimulate marine growth to absorb CO₂] or ocean colonisation [building human settlements on...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...The International Union of Marine Insurance said in September that although fires caused by these vehicles were not more common or intense than those caused by traditional cars, new firefighting techniques...
...Some bulk annuity providers such as Aviva and Legal & General are part of broader groups offering other types of insurance and investments but PIC, founded in 2006, is a privately owned specialist in the...
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...“This historic high seas treaty creates a co-ordinated approach to establishing marine protected areas on the high seas, a critical step to conserving ocean biodiversity,” said US secretary of state Antony...
...Far-right leader Marine Le Pen has at times made ambiguous comments about the procedure, such as in 2012 when she criticised so-called “abortions of convenience” and questioned whether national health insurance...
...Then came the sound of automatic weapons fire. In a video shot by an Al Jazeera journalist, tracer rounds lit up the night sky and dozens of gunshots were heard....
...But war is not yet being priced into all insurance cover. Open sea lanes with Russia and Ukraine are critical for grain and other commodity supplies....
...IAG added that if the court ruled it had to pay out on the insurance, it would rely on the 2019 agreement to pass the credit insurance exposure to Tokio Marine....
...In the UK asset manager’s latest annual review (out last week but we only got around to reading it) co-CIO Maxey revisited his 2022 prediction, and mused on whether the danger has “been averted, or merely...
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...Job moves Goldman Sachs has hired Carsten Woehrn as a partner focused on mergers and acquisitions. He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A....
...“The Ukrainian marines, in co-operation with other units of the defence forces, managed to gain a foothold on several bridgeheads,” read the statement....
...and co-ordination” played a role in runway incursions....
...A British marine insurance salesman and football club owner “kept North Korea’s foreign trade fleet afloat” in apparent violation of UN sanctions, years after the UK government was made aware of suspicions...
...Risk appetite, geopolitics, charter party obligations, insurance costs and arbitrage economics, not just the naval presence, are driving their decision-making....
...“Arguing that people want change so the answer is five more years of the Tories was never going to work for them,” said Pat McFadden, Labour’s election co-ordinator and MP for Wolverhampton South East....
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