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...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....
...Figures from Argus, a pricing agency, also point to a large spread....
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...“It will also potentially make it much easier for enforcement agencies to check if violations have taken place.”...
...“The revenues [from investment banking] are still going to be weaker-ish,” said Chris Kotowski, banking analyst at Oppenheimer....
...Some, however, is still moved by western ships operating with western insurance. Pyatt said the US was looking “for ways to make that shadow fleet less effective”....
...pro-Chris Christie super Pac....
...The statement followed a downgrade from rating agency Moody’s on Tuesday, which cut the bank’s overall credit rating to junk....
...For a surprisingly gripping story about, uh, shipping insurance, I recommend Dead in the Water. Chris Giles is quite glum on the challenges facing the world economy....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Chris Marinac of Janney Montgomery Scott argues that the bank’s problems are “solvable”, though it will take time....
...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...
...Five unmissable stories this week Chris Rokos’s hedge fund has racked up profits of more than $1bn this year after a bet on US interest rates paid off....
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...According to the Indonesian declarations, these 30 representative sailings — totalling 3.1mn tonnes — cost $139mn, plus $3.1mn in shipping and insurance costs in Indonesia....
...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....
...There’s another huge test around the corner for antitrust watchdogs: the FTC’s lawsuit against Amazon, which could be a deciding moment for the agency’s chair Lina Khan and her fight against Big Tech....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...The disclosure came days after rating agency Fitch stripped the US of its prized triple A rating....
...Leonard Schleifer said he supported the US Federal Trade Commission’s decision to tackle a “new area” after the agency made its first attempt to block a pharma deal in over a decade by filing a novel lawsuit...
...US government agency, last week....
...It also means Vivendi, whose portfolio includes French pay-TV Canal+, advertising agency Havas and a stake in Telecom Italia, has more time to contemplate making a more radical change....
...They needed their own training, insurance and vital equipment....
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