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...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...German insurers including Munich Re and Allianz have amassed more than €3bn of exposure to the struggling property empire owned by real estate billionaire René Benko....
...The head of Tokio Marine has said the Japanese insurance company “cannot run away from” natural catastrophe risk despite deepening concerns among investors and policymakers over rising industry losses linked...
...However, the government came under fire from the IMF again this week....
...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
...Salvini, meanwhile, is strengthening his alliances with far-right Eurosceptics, including France’s Marine Le Pen, Geert Wilders in the Netherlands and politicians from Germany’s AfD....
...Premiums, and commissions, have surged since the Grenfell fire for buildings with combustible cladding and other building defects....
...due to fire-safety issues....
...BaFin, Tokio Marine, IAG and a spokesperson for Lex Greensill declined to comment. Legal representatives for Brereton did not immediately respond to an FT request for comment....
...Hankey may be playing with fire again....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business. He previously worked for Morgan Stanley....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...The only sure-fire way to keep a lid on insurance costs in risky areas is for governments to put more effort into climate mitigation strategies and support for retrofitting, including for flooding, subsidence...
...“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”...
...Another closely watched component of the drills will be the Strategic Mid-Range Fires missile system, known as Typhon, which has a range of up to 2,500km....
...Warming marine temperatures are a phenomenon that Richard Spinrad, head of the US National Oceanic and Atmospheric Administration (Noaa), has been observing since the 1970s....
...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...
...Administrators at René Benko’s collapsed European property empire are seeking €350mn from investors to forestall a painful fire sale of assets in the coming weeks....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...An evil empire and ragtag good guys? Retained. Character development? See ya. Bludgeoning violence? Loads, often rendered in random slo-mo. And no kissing this time, right? Cut to farmers in space....
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