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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....
...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
...Brereton was an executive at underwriting agency Bond & Credit Co, which was then 50 per cent owned by IAG and issued insurance policies on its behalf....
...Marine in 2019....
...The International Union of Marine Insurance said in September that although fires caused by these vehicles were not more common or intense than those caused by traditional cars, new firefighting techniques...
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...A separation could give the Vivendi empire more capacity to grow and do deals using their share capital....
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Miller, a co-founder of Crown Castle, said the “co-operation agreement” that Crown Castle signed with Elliott, which gave the fund a board seat, was a ploy by the incumbent directors of the telecoms group...
...“This historic high seas treaty creates a co-ordinated approach to establishing marine protected areas on the high seas, a critical step to conserving ocean biodiversity,” said US secretary of state Antony...
...Far-right leader Marine Le Pen has at times made ambiguous comments about the procedure, such as in 2012 when she criticised so-called “abortions of convenience” and questioned whether national health insurance...
...The most urgent problem, he said, was co-ordinating aid distribution inside the enclave with Israeli forces....
...Fire risks are also rising, given ships are carrying greater amounts of lithium-ion batteries....
...IAG added that if the court ruled it had to pay out on the insurance, it would rely on the 2019 agreement to pass the credit insurance exposure to Tokio Marine....
...Previous winners include Patrick Radden Keefe’s Empire of Pain and Helen Macdonald’s H is for Hawk....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...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....
...The New York real estate empire that brought Donald Trump fortune and fame has been imperilled by a sweeping judgment in a fraud case against the former US president, who could ultimately be forced to dispose...
...In two hours’ time she will co-host a lunch for 22 with Laure Hériard Dubreuil, the founder of Miami-based fashion powerhouse The Webster....
...So were Bill Ackman and LinkedIn co-founder Reid Hoffman....
...“The Ukrainian marines, in co-operation with other units of the defence forces, managed to gain a foothold on several bridgeheads,” read the statement....
...“There is going to be a little bit of a fire sale, but not to the extent that it is going to bring down banks,” said Peter Papadakos, head of European research at Green Street....
...Following the collision, the JAL plane caught fire as it skidded along the runway....
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
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