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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
Plus: Singapore draws in start-ups; new models of corporate success in Japan; India’s EV expansion
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...MS Amlin, which has not made a significant underwriting profit since it was taken over by Japan’s Mitsui Sumitomo in 2015, achieved an adjusted combined ratio of 86.6 per cent last year, according to full-year...
...Big insurance contracts are syndicated, meaning that the lead insurer shares the losses with other firms, even if it sends the initial cheque. Chubb declined to comment....
...I have been a very long time client of Chubb both in Massachusetts and in New York. Indeed, I have six policies on my homes, cars, fine art and jewellery with them....
...Chubb declined to comment....
...That bond was underwritten by Chubb. Read more here...
...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....
...It is a sign of Japan’s heavy investment in Australia, which has stretched far beyond the “stubby” beer bottle into renewable energy, finance, software and other consumer-focused areas such as insurance,...
...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....
...The quake was the biggest single contributor to natural catastrophe-related insurance losses reaching $100bn last year for the fourth year running....
...First, in the hunt for better than near-zero returns at home, Japanese institutions, including pension funds, life insurance companies and banks, have become major international investors....
...That bond was underwritten by Chubb....
...Corporate results: China Life Insurance, Japan’s Hitachi, Indian software group HCL Technologies and Maruti Suzuki report quarterly results....
...In March, Japan’s Dai-ichi Life Holdings took a stake in Canyon Capital, a $20bn credit manager that made its name as a distressed and opportunistic debt expert....
...But even in the new world of shareholder activism and governance pressure, no deal trumps the shock and disbelief that rippled across corporate Japan last week when Dai-ichi Life Insurance suddenly threw...
...investigative journalism in a collaboration between the FT and a Danish outlet: Russia’s oil tanker fleet, built up to circumvent sanctions, travels through western waters without the required disaster insurance...
...State health insurance will be extended to cover childbirth expenses....
...China and the broader region are an increasingly important market for Chubb....
...A few weeks earlier, Japan’s Dai-ichi Life Holdings took a stake in Canyon Capital, a $20bn credit manager that made its name as a distressed and opportunistic debt expert....
...The city’s benchmark Hang Seng index climbed 0.8 per cent, with insurance group AIA and private Chinese property developer Longfor Group among the top performers....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
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