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...The private equity firm this week agreed a sale of Dorna Sports, which owns MotoGP, to Liberty for €4.2bn including debt....
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...Formula One, which is owned by US group Liberty Media, and Ben Sulayem’s FIA are discussing the situation, according to people with knowledge of the matter. F1 and the FIA declined to comment....
...The lawsuit centres on payments Greensill made to Liberty Commodities that were backed by debts purportedly owed to Liberty by companies including Trafigura and ArcelorMittal....
...Liberty Media is hoping to repeat its Formula One success by expanding the US audience for MotoGP after agreeing a €4.2bn takeover of the elite motorcycle series....
...Liberty invested heavily, acquiring 39 acres of land to build the paddock and pit building....
...This year, the legal operations team at Liberty Mutual launched a programme that pairs its staff with lawyers to improve processes or apply new technologies in specific areas of the business....
...The filing also alleges that one of Zurich’s own underwriters, Steven Kent, “acted outside the scope of his authority” in increasing the level of insurance he extended to Liberty....
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...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...Mnuchin started Liberty in 2021 after leaving the Trump administration....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...The news will also come as a setback to attempts by Lloyd’s to bring more investors into the insurance market, which is a centuries-old hub for specialist commercial insurance and reinsurance....
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...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...The writer is a former chair of the US Federal Deposit Insurance Corporation and a senior adviser to the Systemic Risk Council Thoughtful shoppers distinguish between best price and best value....
...— Mystery investor (and Everton FC bidder) 777 Partners bought sports teams with insurance customers’ cash (Semafor) — Insurance and potential flood map inaccuracies in the Fed’s Second District (Liberty...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
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