Hints and tips:
Related Special Reports
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...H&F has invested in business services companies such as advertising agencies, advisory firms and insurance brokerages for decades....
...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....
...This is a test of the government’s commitment to support financial services. Lloyd’s may not get the attention its near-quarter share of City GDP deserves....
...The downgrade came from AM Best, the specialist rating agency, citing a significant rise in exposure to “less liquid affiliated investments”....
...Between 2017 and 2021, Scope was providing credit ratings and other services to Greensill while Thompson, the chair of Greensill Capital at the time, was also a shareholder in the rating agency’s parent...
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...JPMorgan’s service area did not overlap with WaMu’s, so it was not taking out a competitor. Finally, there was no cost to the DIF. In fact, JPMorgan paid nearly $2bn for the bank....
...The agency typically likes to sell to other regulated banks so the loans and customers of collapsed lenders remain under the eye of regulators....
...“This is a wake-up call for the financial industry and the insurance industry,” executive director of the European Environment Agency Leena Ylä-Mononen told the Financial Times....
...In some cases, brokers say, companies have been able to buy insurance to cover more than $1bn of tax payments in the event they lose a dispute with the US Internal Revenue Service....
...Martin Gruenberg spoke to the Financial Times as his agency issued a paper detailing how it would handle the collapse of a global systemically important bank (G-SIB) such as Credit Suisse....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...So even seemingly small changes in their language can have powerful ripple effects across the energy industry — and the financial services sector....
...The chancellor, Jeremy Hunt, has promised unspecified savings to fund cuts to national insurance....
...The UK economy returned to growth in January helped by the expansion of the services sector, following a technical recession in the second half of 2023....
...Waste-management companies like Republic Services also say they see an opportunity for profit....
...Regulators have long argued for such a link as they lectured bankers to clean up their acts in the service of financial stability....
...on babysitting services and even a Netflix subscription....
...An OCC spokesperson said the agency had “not received a filing from Capital One regarding Discover Financial Services”....
...A change in classification would mean an increased tax bill for pharmacies to pay income tax and employers’ national insurance....
...The insurance claim stemming from the accident could reach $1bn-$3bn, Barclays analysts estimated on Wednesday....
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Pet medical insurance is booming, mainly for cats and dogs but also turtles, tortoises and birds — although not yet for hedgehogs....
International Edition