Hints and tips:
...Brereton was an executive at underwriting agency Bond & Credit Co, which was then 50 per cent owned by IAG and issued insurance policies on its behalf....
...The “representations and warranties” insurance policy that JPMorgan took out for the Frank deal applies in cases of fraud and the bank has filed a claim with the underwriter, the people familiar with the...
...“It’s not beyond the realms of possibility that [underwriters] could process 10 times the volume,” said David King, co-founder and co-chief executive of Artificial Labs, which offers fully automated underwriting...
...Institutional investors seeking returns have poured tens of billions of dollars in to such insurance-linked securities, forming a significant source of reinsurance for underwriters....
...Tokio Marine & Nichido Fire, which is one of Japan’s largest underwriters of corporate insurance against cyber attacks and a prime target for ransomware gangs, acknowledged to customers last month that it...
...Its platform streamlines access to private programmes and government benefits such as Medicaid, a US government health insurance programme for people on low incomes....
...Shipping insurers have privately expressed concern at the use of insurance as the enforcement mechanism for the cap, given that underwriters do not typically track the trading price of a cargo....
...Insurance has been a big sticking point in the development of the EU oil ban, with underwriters warning of the wider economic consequences of clamping down on a sector that is crucial to international trade...
...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...
...As an underwriter you’re more comfortable putting on risk positions.”...
...He also recounted the calculated and choreographed manner in which Trump would intervene in meetings company executives were holding with insurance underwriters, boasting about his wealth to try to win a...
...The retraction undermined their original findings that those who signed a declaration at the start of a tax form and a car insurance company claims audit were more honest....
...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....
...“If folks in other jurisdictions . . . feel it is a good time to be giving away this cover to gain market share, best of British luck to them,” he told underwriters at a quarterly presentation. ...
...An underwriter who signed off on billions of dollars of insurance policies for Greensill Capital ahead of its collapse has said he would not have approved the cover if he had been aware of alleged “misleading...
...A trade body representing more than 350 underwriters and brokers in London’s specialist insurance market has called on UK policymakers to use Brexit to boost the sector’s competitiveness and bring in foreign...
...Both banks were also co-managers on Corebridge’s $6.5bn bond offering earlier this year. Corebridge declined to comment on why it hired so many underwriters....
...The group’s Lloyd’s of London syndicate, an insurance underwriter for areas including offshore energy, said last week it would stop underwriting a wider range of oil and gas contracts from January....
...Four years ago, Greg Brereton, an underwriter at a little-known Sydney insurance firm, exchanged emails with Lex Greensill, the founder of a specialist lending business that was flying high....
...Industry executives say a co-ordinated insurance ban could change that and address the fundamental problem with the EU’s seaborne oil embargo: Russia can simply redirect its crude elsewhere....
...Underwriters feared that the pandemic could result in a flood of claims from those receiving care because of the number of fatalities....
...In March, Root appointed a chief financial officer, Rob Bateman, whose CV includes stints at well-known insurance firms such as The Hartford. There are signs of improvement....
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...Lantigua’s is a tragic story of snowballing debts and attempted insurance fraud, so the comparison with Musk, who appeared to be motivated by the lulz, isn’t perfect....
...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...
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