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...Mutual...
...This year, the legal operations team at Liberty Mutual launched a programme that pairs its staff with lawyers to improve processes or apply new technologies in specific areas of the business....
Case studies in best practice among general counsel and company legal teams in North America
...Boston-based Liberty Mutual said in 2019 that it would not underwrite companies with exposure to thermal coal of more than 25 per cent....
...Steve Brown has been named macro portfolio manager, and Wade Clark and Max Zaraisky are the new commodities portfolio managers....
...Generali, Italy’s biggest insurer, has agreed its largest deal in a decade, buying a Madrid-based insurance group from US insurer Liberty Mutual for €2.3bn....
...He cut his teeth at Brown Shipley in 1985 before joining Baring Asset Management as head of UK equities, moving to Schroders in 2001 and then switching to Old Mutual Global Investors in 2013....
...Craswell said Brown Brothers Harriman was seeing “a great deal of interest in ETF share class structures from asset managers across different jurisdictions....
...They join from Latham & Watkins and Mayer Brown, respectively. Mishcon de Reya has become the latest law firm to open an office in Riyadh, Saudi Arabia, The Lawyer reports....
...These new vehicles provided individual and corporate savers with streamlined and simplified access to short-term wholesale interest rates through a closed-end mutual fund organised under the Investment Company...
...Zurich said it was reviewing the ruling and Liberty Mutual declined to comment....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Perhaps because it is an accounting body with a boring name, PCAF has been more successful at attracting members from the US, such as Liberty Mutual and MassMutual....
...She replaces Neil Brown, who’s stepping back to work directly with investors....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...Commended Liberty Mutual O: 7; L: 7; I: 7; Total: 21 The insurance company’s legal department is aiming to unify practice areas and encourage greater collaboration and agility in problem solving....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...In June, the High Court will also hear Slug and Lettuce owner Stonegate’s £845m case against MS Amlin, Liberty Mutual Insurance in Europe and Zurich over the extent to which the hospitality group can claim...
...A Morgan Stanley survey from October found that 70 per cent of white investment decision makers in large US pension funds, endowments, insurance companies and foundations still believed that prioritising...
...“The role of companies has significantly changed, and legal department roles have changed significantly along with it,” says Joel Unruch, general counsel at Accenture, the IT services and consulting company...
...They’re also each suing each other over mutual accusations of wrongdoing amid the battle....
...The initiative, to be unveiled this week, will allow the IFC to enlarge its own lending capacity by farming out part of the risk to six insurance companies: Munich Re, Liberty Mutual, Aspen, AXA XL, Everest...
...Stonegate, owner of the Slug and Lettuce and Walkabout chains, is suing three insurers MS Amlin, Liberty Mutual and Zurich — for a total of £845m in a dispute over the extent of its insurance coverage for...
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