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...Its collapse triggered criminal and regulatory investigations as well as an inquiry into the Financial Conduct Authority’s supervision of the company....
...The company will announce on Monday that it has hired Anant Bhalla, a US-based insurance veteran who will become its chief investment officer and a senior partner, to build its new insurance platform....
...The Royal Society for the Prevention of Cruelty to Animals also said the delays had “a huge impact” on the charity and the sector as a whole....
...Vince, founder of energy company Ecotricity and owner of the football club Forest Green Rovers, has an estimated fortune of £100mn and is one of Labour’s “megadonors” seeking to bankroll Sir Keir Starmer...
...“Insurance companies probably have a duty to their members and shareholders to resist liability if it’s reasonable to do so,” the barrister said....
...to a lawsuit that the company filed last week....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...There has also been a string of recent Chinese espionage operations across Europe — including a Chinese hack of business services company SSCL that accessed the data of hundreds of thousands of Ministry...
...execution and clearing.The retailer claimed that the evidence suggested Morgan Stanley’s decision to impose the margin call was “at least partly the result of snobbery”, and that the bank rejected it as...
...highest of any company....
...Picking the timing of that is harder,” said Gray....
...Speaking after the decision, Hayes called for the UK’s Supreme Court, which sits above the Court of Appeal, to hear the case....
...Skat argues the defendants did not hold shares in the Danish companies and so their applications for refunds over the period, between 2012 and 2015, were unlawful....
...The unit, now called AtlasSP, has allowed Apollo to dramatically increase its debt origination activities. The loans are not just feeding Apollo’s wholly owned insurance operation, Athene....
...The pivot will certainly be a challenge. Although JAB has some exposure to the insurance business already — namely, through a stable of pet insurance companies — it’s limited....
...However, Judge Schaffer in the Insolvency and Companies List, part of the High Court, found against Staveley on a series of grounds....
...Its insurance customers carried lower costs of capital than banks, making them a good home for many loans, said Gray....
...The Serious Fraud Office, which brought the case against Hayes, is resisting the appeal....
...Allianz has fought off a legal challenge brought by a UK university after the insurance company refused to cover damage done by a controlled explosion on the grounds it fell within a “war exclusion” clause...
...manager at the company....
...“Surely the board has to be persuaded that it’s in the company’s interests?” she asked....
...A spokesperson for NGN said the Crown Prosecution Service concluded in 2015 that no evidence supported charges against the company....
...He also said it was a “pretty big red flag” that some other Frasers’ advisers had stopped working for the company, and was concerned that Ashley had a reputation for being litigious, which would be a “huge...
...This is partly because human rights charities have launched a campaign to dissuade airlines or charter companies from getting involved....
...The now-insolvent investment firm funnelled funds raised from 11,600 investors to individuals connected with the “minibond” company before its failure, the High Court heard....
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