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...JPMorgan Chase and Goldman Sachs are lead underwriters on the deal. As a private company, UL Solutions does not publicly disclose financial results....
...In the filing, IAG alleges that from the middle of 2019 Tokio Marine failed to ensure that its underwriting unit BCC, and the lead underwriter for Greensill, Greg Brereton, kept within the scope of what...
...Assured Guaranty, a New York-listed insurance company, has amassed more than $10bn of exposure to UK water utilities and recently struck more deals in the space....
...In evidence to MPs in 2021, Lex Greensill stressed the role of Marsh in providing information on the insurance cover and said the firm was “absolutely” convinced its insurance would be renewed until shortly...
...Tokio Marine served notice on that insurance last year after firing an underwriter at BCC for allegedly exceeding his risk limits with relation to Greensill....
...A unit of Europe’s largest insurer Allianz, Euler Hermes is one of the big three underwriters of trade credit insurance, and was a key provider to Greensill Capital until it had to pay a claim last year...
...Corebridge, the life and asset management business of insurance group AIG, went public this week with the help of 43 different banks, the second-highest number of managing underwriters for a US listing on...
...Dealmaker Bruce Rauner, who would later become the governor of Illinois, and Bryan Cressey became part of its leadership, forming Golder, Thoma, Cressey, Rauner Inc before Thoma and Cressey split away in...
...Artificial intelligence and cutting-edge data analysis software mean that underwriters can now make predictions about the weather, natural disasters and senile dementia that previously “only god knew about...
...The underwriters and advisers aren’t the same group, with Goldman Sachs and JPMorgan notably absent from the debt deal, but Morgan Stanley is on both sides of the transaction....
...insurance....
...Japanese underwriter Tokio Marine has accused Greensill Capital of using “fraudulently obtained” insurance policies, firing the latest salvo in the battle over who pays for the collapse of the UK-based supply...
...Investors and underwriters need to work with development banks. And countries need to demonstrate they are serious about ESG by setting goals. “There needs to be an effort from all sides,” she said....
...size and extent of its exposure....
...The second were investors such as BlackRock, Fidelity and Wellington Management, who were allocated shares through a so-called Pipe — short for private investment in public equity — and ploughed billions...
...The underwriter was dismissed. The insurance backed supply-chain financing arrangements, where Greensill made payments to a given company’s suppliers and later received payments from that company....
...The underwriter was dismissed. Failure to continue its insurance cover would be “catastrophic” for Greensill, putting at risk 50,000 jobs among its clients, its lawyers said....
...The underwriter was dismissed....
...UK and Australia....
...Last July, BCC was plunged into crisis when it dismissed an underwriter for allegedly exceeding his risk limits in relation to Greensill and launched an investigation into his dealings with the lender....
...State National is, in effect, taking a servicing and underwriting fee while passing claims risk on to the reinsurers. The company has not disclosed which underwriters have bought the Tesla policy risks....
...It has since been in talks with Beijing to restructure its online empire on payments, loans, insurance and fund management....
...In July 2020, Tokio Marine said it would not extend or renew any Greensill policy — and that it had dismissed the underwriter in charge of the account....
...Indeed, France has already done trial runs, delivering surprises for insurance companies and banks. Van Steenis might be over-optimistic with his timetable, since he is a fan of these green tests....
...The pair had previously joined forces to create a blank-cheque acquisition company that bought the life insurer Fidelity & Guaranty Life for $1.8bn in 2017....
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