Hints and tips:
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...Bar Mutual, established in 1988, provides primary professional indemnity insurance to all self-employed barristers in England and Wales up to a value of £2.5mn....
...But the International Group of P&I Clubs, which represents 13 mutual insurers providing liability cover to around 90 per cent of global shipping, said on Monday that the Turkish request went “well beyond...
...Moreover, it would be customary for the placement banks to have an indemnity from Adani in the remote event of an investor lawsuit on the prospectus disclosure....
...Distrust has long been mutual....
...All of the 13 Protection & Indemnity (P&I) Clubs under the International Group, mutual insurers for shipping that cover third-party liabilities including bunker fuel spills, wreck removals and personal injury...
...They provide mutual insurance coverage for 90 per cent of oceangoing tonnage, pooling their risk, and rely on Lloyd’s for reinsurance cover....
...insurance, via mutual industry clubs....
...The accountancy had advised the mutual it could prepare accounts using hedge fund accounting. This backfired when the value of mortgages and interest swaps moved out of alignment, generating losses....
...MS Amlin and Liberty Mutual declined to comment....
...Other claims could flow to the ship’s protection and indemnity insurance, provided by the UK P&I Club, a mutual insurer owned by shipowners....
...In 2005, five years after its near collapse, the mutual insurer abandoned a negligence claim against its auditor Ernst & Young for £700m in damages....
...The Ever Given’s professional and indemnity cover is provided by UK P&I Club, a mutual insurer for shipowners, which said it was not “appropriate” to comment on potential claims....
...I hope that in the future there may be opportunities of mutual benefit,” Mr Buffett said in a statement late on Sunday....
...With the DoJ seeking a $3bn fine against Indivior, which has vowed to contest the charges, investors fear the situation could blow back on Reckitt because of a mutual indemnity clause agreed between the...
...The PDA began as a mutual provider of indemnity insurance against negligence claims for pharmacists, according to Paul Day, the union’s national officer....
...When Indivior became a separate entity, the two companies agreed on a so-called mutual indemnity clause, under which Indivior would reimburse Reckitt for any liability imposed on the company for matters...
...s announcement of a £1.2bn capital injection for the BoE and a new financial arrangement that will significantly increase the amount of liquidity the central bank can provide without needing to seek an indemnity...
...Providers typically also offer an indemnity that means that if the borrower goes bust, the asset manager will guarantee to buy back the securities that have been lost....
...The insurer, which is more than 200 years old, has overhauled its operations in recent years to focus on property-casualty cover, as well as group benefits and mutual funds....
...That is in contrast to a similar deal AIG reached six years ago when Berkshire’s subsidiary National Indemnity Company (Nico) took on responsibility for handling asbestos-related claims....
...Big capital inflows can be damaging no matter what form they take — recall Germany’s experience with the French indemnity — because of their potential to distort economic activity and encourage wasteful...
...The fund house also provides an indemnity to cover losses linked to securities lending....
...In 1802 Napoleon reinstated slavery; two years later he liquidated one of the Revolution’s most precious achievements: divorce by mutual consent....
...Fourteen mutual funds, all US registered, currently exceed this threshold....
International Edition