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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....
...Investors are very willing to deploy capital, but they’re still very disciplined and they’re providing us with very detailed valuation thoughts,” said Keith Canton, Americas head of ECM at JPMorgan....
...Marine in 2019....
...Since the catastrophic 2011 earthquake and tsunami wrecked the Fukushima plant, operator Tokyo Electric Power Co has sprayed seawater over its damaged reactor cores to prevent them overheating....
...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....
...TMMA includes the Sydney-based Bond & Credit Co subsidiary responsible for providing billions of dollars of insurance cover that underpinned Greensill, a start-up whose promise to revolutionise the staid...
...“Marine ecology is a key theme of my work,” says Dawood....
...The Greensill policies were underwritten by an Australian subsidiary of Tokio Marine named The Bond & Credit Co....
...Ninety years later, Luxembourg + Co will focus on the Spanish artist’s early symbolic works, made between 1924 and 1934....
...The editorial team can be reached at techasia@nex.nikkei.co.jp...
...It is also used for applications in the marine, medical, military, pharmaceutical, semiconductor and textile industries....
...But it added that its senior management was engaged in efforts to improve governance and control processes after problems were encountered at its Sydney-based subsidiary, the Bond & Credit Co, which provided...
...Earnings Bumble Inc is expected to show a rise in fourth-quarter revenue, driven by strong growth in paying users for its dating apps....
...Tokio Marine, which acquired Sydney-based underwriter Bond & Credit Co in 2019, said it continues to assess the validity of the insurance policies at the heart of Greensill’s downfall....
...Traditional retail pick-up buyers may prove harder to entice because towing a heavy load — an important feature for many buyers — shrinks the distance an electric truck can drive before it needs to recharge...
...Greensill fell into administration in March after its main coverage, provided by Tokio Marine unit The Bond & Credit Co, expired....
...Eric Hsieh Chief Executive, Evergreen Marine Corp....
...This week, nearly five years after that Davos tour, the Securities and Exchange Commission revealed it had filed an action against Ripple Labs Inc including Ripple co-founder Chris Larsen and current CEO...
...Partners Group nominated Joseph Landy, former co-chief executive of Warburg Pincus, for election as a new independent member of its board....
...Shultz would say, pretty good theory, but he would say, we’re nowhere co-ordinated enough to be able to possibly pull off something like that. Gideon RachmanYeah....
...“People are thinking about how to build scale and resilience, and that is a driver of M&A,” according to Nestor Paz-Galindo, global co-head of M&A at UBS....
...He grew up in the Boston suburbs, joined Marine officer training, then dropped out, heading to Swaziland with the Peace Corps....
...Executive chairman Paul Sciarra, an entrepreneur who co-founded Pinterest in 2009, said Toyota would help Joby scale up manufacturing and help with quality and cost controls....
...A version of this article was first published by the Nikkei Asian Review on December 20 2019. @2019 Nikkei Inc. All rights reserved....
...Coronavirus digest The UK’s medicines regulator has sounded the alarm over unsafe and unlicensed coronavirus tests after an investigation co-ordinated by Interpol....
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