Hints and tips:
...since 2011, according to data from reinsurer Swiss Re....
...It has brands including Knight Square Insurance and lettings and management company Campions in the UK. Emeria is also backed by the private equity group TA Associates....
...Insurance underpinned the products that Greensill sold to investors, including wealthy clients of Credit Suisse, which poured $10bn into supply-chain finance funds that the Swiss bank largely marketed as...
...Credit Suisse, whose clients ploughed $10bn into funds the Swiss bank ran with Greensill, is suing SoftBank in London to try to reclaim up to $440mn borrowed by SoftBank-backed construction company Katerra...
...One Swiss finance thing to start: UBS is “the great white shark” of global banking, according to the people of the bucolic Italian-speaking enclave of Ticino....
...Zurich, an insurance group, and Hannover Re, another reinsurer, left in April. Reinsurer Swiss Re also left earlier this week....
...Swiss authorities questioned the trader in April about its switch to Dubai, the FT reported in July....
...For contracts renewing in July, Swiss Re implemented a 12 per cent rise in premiums across its property and casualty business, which includes natural catastrophe cover and other types of insurance....
...But dozens of drug trials — including the latest by Swiss drugmaker Roche — have failed to prove clearing the plaques can slow the rate of cognitive decline....
...Global insurance losses from man-made disasters have rarely exceeded $10bn annually since the September 11 attacks, according to reinsurance provider Swiss Re....
...£5mn of government-guaranteed debt, Greensill packaged the bulk of the loans to Special Needs Group into Credit Suisse’s now stricken $10bn of supply-chain finance funds, which have exposed some of the Swiss...
...Last resort Sam Bankman-Fried’s $1bn bet to bail out the cryptosphere is also an insurance policy against his expanding empire....
...Swiss Re racked up nearly $900mn of net losses....
...The Swiss lender quietly sold on a slice of the risk related to $2bn of its “ultra-high-net-worth” client loans at the end of 2021....
...By merging Apollo with Athene Holding, the insurance company that he helped to create a decade ago, Rowan is turning a nimble asset manager into a lumbering insurance company that itself carries more than...
...Last week, the Swiss bank said it would wind down $10bn of supply-chain finance funds linked to Greensill, citing “the reduced availability of insurance coverage for new investments” as one of the reasons...
...“As Greensill’s broker, Marsh Ltd. sought coverage from insurers, who made their own determinations about what risks to cover,” Marsh said....
...Mr Greco said that the services he had in mind were not just traditional insurance policies....
...However Mr Day, who is based in the Swiss resort of Verbier and controls EWM through Dubai-registered Spectre Holdings, is also a secured creditor to the group....
...Liu Huijun will chair the joint venture after moving from her Hong Kong-based role as deputy-CEO of BoC’s insurance business....
...The Swiss bank launched a review of the arrangement on the back of the FT’s story and SoftBank then ended up redeeming its investment last month....
...“Tactically, our defensive hedges include gold, Swiss francs — which usually appreciate whenever economic conditions deteriorate — and US Treasuries, additional insurance against the fallout from coronavirus...
...ReAssure, a life insurance business that operates in similar markets, attempted to float in July but owner Swiss Re pulled the £3bn IPO citing weak demand from investors....
...The judgment sent shockwaves through the UK insurance sector....
...“We now look back and say there was a certain naivety about our approach,” says Bob Ratcliffe, a former finance and insurance executive....
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