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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...The division had roots in Credit Suisse First Boston’s New York mortgage securitisation business in the 1980s and was led by veteran executive Jay Kim, who moved with most of the team to Atlas SP when the...
...Lemonade, whose shares have fallen more than 70 per cent since its first day of trading in New York in 2020, provides a range of insurance including for homes, pets and cars to customers in the US and Europe...
...Marc Lipschultz, co-chief executive, said the New York-based investment group was considering acquiring an infrastructure investor or a lender with a focus on originating securitised debts backed by assets...
...He previously worked at insurance group Aviva for more than a decade....
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...New York-listed Chubb will pay $350mn to the US state of Maryland, as insurers start to cover the collapse of Baltimore’s Key Bridge in March....
...“The good news here is the insurance is in force,” said Neal on Thursday. “The boat is insured, the bridge is insured, the port authority is insured.”...
...Donald Trump is unable to raise the $450mn bond needed to postpone the enforcement of a fraud judgment against him in a New York civil court, his lawyers said on Monday....
...Mairaj’s was one of them, in 2022. He accepted an offer to buy his home from Blue Acres, a programme led by the New Jersey Department of Environmental Protection....
...The insurance company Chubb was attacked by employees and investors earlier this month after it posted $91.6mn to cover Trump’s defamation damages to E Jean Carroll in the sexual assault case....
...“The dividend is back [above] 51 cents, plus the Canada payment, so the insurance fund is now receiving the kind of money it identified in the first place when it bought,” said a person close to Ping An....
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
..., New York and New Jersey....
...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...
...That bond was underwritten by a subsidiary of the Chubb corporation....
...Chubb’s Greenberg is chair of the NCUSCR and a director of the US-China Business Council....
...A federal bankruptcy court judge in New Jersey on Monday approved the outline of the deal. Creditors will vote on May 30 whether to approve the restructuring plan....
...The public listing of European private equity firm CVC Capital Partners will net one of its co-founders, Donald Mackenzie, a windfall of up to €150mn....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...That bond was underwritten by Chubb....
...US senator Bob Menendez accepted bribes to take actions favourable to Qatar, federal prosecutors alleged on Tuesday, as they added new detail to the corruption case against the New Jersey Democrat....
...His new venture will be a “merchant banking model for insurance”, Bhalla said....
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