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...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...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....
...The IPO will probably boost the company’s profile, after it has flown below the radar despite owning brands including Rabanne and Carolina Herrera....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...Barings won a preliminary injunction against the company and key employees in a North Carolina court last month....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...The University of South Carolina women’s team, led by Kamilla Cardoso, is undefeated this year....
...As companies exit some areas and demand higher premiums in others, affordable home insurance cover — for many an essential annual outlay, often a condition of their mortgage debt — is getting harder to secure...
...It is also not clear if Trump would put any of the money from that company into his campaign, but he could use the proceeds to pay his legal fees....
...Regulators in Utah and South Carolina are moving to force five insurers to limit their exposure to 777, according to an official memo seen by the FT....
...Raskin, now a climate policy consultant who teaches corporate law at Duke University in North Carolina, was in London to canvass business and finance leaders on their climate change challenges....
...About 1,700 activists — waving banners and MST flags — invaded three of the company’s properties in the northeastern state of Bahia last month, demanding the company fulfil a 2015 pledge to settle more than...
...The North Carolina-based institution is taking over defunct tech lender Silicon Valley Bank. This delivers a subsidy so staggering that the market reaction looked miserly by contrast....
...He is, for instance, director of the Mount Olive Pickle Company, a local pickling business in an eponymous North Carolina town where First Citizens operates a branch....
...of the holdings, which consist of mortgage-backed securities, collateralised mortgage obligations, and commercial mortgage-backed securities, had rattled bond markets, which feared the Federal Deposit Insurance...
...The North Carolina-based lender will take on all the deposits and loans of SVB, the once high-flying lender to tech start-ups and their investors that failed this month....
...First Citizens had acquired SVB just two weeks earlier from the US Federal Deposit Insurance Corporation....
...It also entered into a loss-sharing agreement with the Federal Deposit Insurance Corporation for commercial loans made by SVB....
...from Maryland to South Carolina, and other venues....
...Tim Scott, the Republican senator from South Carolina, launched his presidential campaign on Monday....
...That has fed a growing debate about the affordability of insurance for both individuals and companies as climate change effects intensify, with more people falling into public safety nets....
...The US Chamber of Commerce said the data request presented an “unreasonable burden to insurers”, while the Insurance Information Institute, an industry association representing more than 60 insurance companies...
...It has compounded the pressure on the local insurance market, where six companies had already fallen into insolvency in 2022 after a second year of underwriting losses....
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