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...However, a recent research note by debt rating agency S&P Global said it has annual revenue of more than $2.5bn and earnings before interest, tax, depreciation and amortisation of about $500mn....
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...However, the rating agency did say that it saw the suspension of debt payments as “a portfolio management exercise by BPY, not a default”, and that parent Brookfield Corporation, with $850bn of assets under...
...Blaine Curcio, founder of specialist space technology research group Orbital Gateway, said “significant alarm in China” had been caused because SpaceX and Starlink were considered critical parts of the “...
...A version of this article was first published by Nikkei Asia on June 8, 2022. ©2022 Nikkei Inc. All rights reserved....
...Hempton also cited the risk held by Japan’s Tokio Marine, which in 2019 acquired IAG’s 50 per cent stake in trade credit underwriter BCC, which had been the main underwriter to Greensill....
...A version of this article was first published by Nikkei Asia on November 17. ©2021 Nikkei Inc. All rights reserved....
...Green bond issuance could hit $250bn by the end of this year, the rating agency said....
...By early afternoon Endeavor, the parent group of Hollywood’s biggest talent agency, had cut the amount of shares it aimed to float on the New York Stock Exchange on Friday by 30 per cent....
...It is also an acknowledgment of the surge in case work the inter-agency Cfius team has been dealt since its powers were expanded....
...Their employers — in this case, staffing agencies — will also be required to pay payroll taxes, the person said....
...The campaign will play directly on the ¥20m figure cited by the Financial Services Agency, and use social media hashtags and other slogans to convince Japanese in their 20s, 30s and 40s that, with judicious...
...The US is leading a new international effort for manned space missions, known as the Lunar Platform Orbiting Gateway....
...NSO says that it helps government intelligence and law enforcement agencies to prevent and investigate terrorism and crime....
...Johns Hopkins scientists developed Rasar in collaboration with Underwriters Laboratories, the US organisation that develops public safety standards and tests....
...A version of this article was first published by the Nikkei Asian Review on January 8, 2019. ©2019 Nikkei Inc. All rights reserved....
...In a report last year, rating agency A.M. Best noted that Lloyd’s expense ratio — its costs as a proportion of premiums — had risen from 35 per cent in 2012 to 40 per cent in 2016....
...Meadow Side “sets the tone for the entire Northern Gateway”, says Taylor, “in terms of public perception, it’s key”....
...With solid underwriter backing and little need for roadshows, the capital-raising process can be highly efficient....
.... ©2019 Nikkei Inc. All rights reserved....
...Yet one in 20 space launches ends in failure, according to XL Catlin, an insurance underwriter, and delays are common due to technical challenges and bad weather....
...“It is a service-driven proposition,” says Stephen Ridley, a senior underwriter specialising in cyber and data at Hiscox....
...“It had been a while since we’ve seen underwriters so active when the market did not feel right.”...
...Goldman Sachs was the lead underwriter on the deal....
...In January, news broke about PIF’s talks to buy a stake in Endeavor, the company behind the ultra-powerful Hollywood agency WME....
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