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...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
...The insurer is due to underwrite about £2bn of business within Lloyd’s this year and then grow that as a central part of owner Mitsui’s five-year strategy to reach £3bn within Lloyd’s and the so-called company...
...V Sports, which also owns shares in Portuguese side Vitória, in December sold a minority stake to investment company Atairos, which has ties to broadcasters Comcast, NBCUniversal and Sky....
...Tanker owners must be able to prove they hold adequate insurance against spills in order to be allowed to access ports and other facilities....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...The advisory services company, which is part of Los Angeles-based B Riley Financial, does restructuring and turnaround work, forensic accounting and litigation support, and valuations....
...The first-tier tribunal criticised a “complete lack of transparency with leaseholders regarding these commission payments” by the freehold owner and a management company, both Yianis Group subsidiaries....
...The Premier League, which last year strengthened the tests it carries out on club owners and directors, has been assessing 777 since September....
...Last month, Chubb’s chief executive Evan Greenberg told analysts that the company’s “exposure is within what we would contemplate and there’s nothing outsize to us”....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...The 72-year-old Jain heads the insurance operations that underpin Berkshire, providing the cheap capital that has allowed Buffett to build a conglomerate rare in American history, owner of businesses from...
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...A deal would give Connecticut-based Eldridge Industries a foothold in the fast-growing market for lending to privately held European companies, building on its investments in insurance, asset management,...
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...It has also made its owners, the Puig family (a Catalan name pronounced “poodge”), a fortune....
...This story has been amended to correct a reference to the owner of Eurovita....
...Car owners have been squeezed by a surge in insurance prices since their pandemic lows, as companies try to reflect a surge in claims costs....
...brought this current lawsuit has a cottage-industry practice of challenging life settlements all over the United States, including some in which the FCI funds or their subsidiaries are indirect beneficial owners...
...Say you are the owner-manager of a pharmacy company. If the building is owned in the name of the company it should qualify for 100 per cent relief....
...But these days, Villa is valued at more than £500mn after Sawiris and Edens agreed the sale of a minority stake in their V Sports vehicle to US investment firm Atairos in December last year....
...Banks and insurance companies have also created significant partnerships with private equity and credit groups such as Blackstone and Warburg Pincus, seeking their investment expertise....
...Insurer Aviva and Rock Rail, a UK-based owner and asset manager of rolling stock, have teamed up with the UK’s state-owned infrastructure investment bank to come up with a new way of funding the costly decarbonisation...
...The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns....
...“They couldn’t confirm what it would cost at that time,” Skelding said, adding that because they were first-time dog owners, she and her partner had expected insurance cover of £1,000 would be sufficient...
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