METROPOLITAN GROUP PROPERTY AND CASUALTY INSURANCE COMPANY et al v. ELECTROLUX NORTH AMERICA, INC. et al | Search

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Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
April 7, 2024
Signa Holding
Insurers built €3bn exposure to struggling Signa property empire
...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...
December 12, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Property sector
Duke of Westminster’s property group launches £900mn lending arm
...The group’s North American arm already has an established debt business. The aristocratic Grosvenor family has owned property in London for more than 300 years....
March 23, 2024
Signa Holding
Signa creditors file criminal complaint with Austrian anti-fraud prosecutors
...Creditors of René Benko’s Signa have filed a criminal complaint with Austrian anti-fraud prosecutors, calling for an urgent investigation into the collapsed property group....
February 5, 2024
Israel-Hamas war
Israel passes bill to shut local Al Jazeera office
...Abu Omar was not the only Al Jazeera casualty of the war....
April 1, 2024
Israel-Hamas war
Israel raids Gaza’s biggest hospital
...Civil order has largely broken down in the north, where about 300,000 people remain....
March 18, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
News in-depthMiddle East military briefing
The battle that betrays Israel’s war plan
...Today, most have been withdrawn, the north is a largely deserted wasteland and the military’s operational focus has shifted to the south....
March 27, 2024
Israel-Hamas war
Hamas political leader says three of his sons killed in Israeli air strike
...The attack, which targeted a car in the Shati camp in the north of the coastal enclave, also killed three of Haniyeh’s grandchildren, the militant group said in a statement....
April 10, 2024
Joe Lieberman
Joe Lieberman, senator who was Al Gore’s running mate, dies at 82
...“Senator Lieberman’s love of God, his family and America endured throughout his life in the public interest,” they said....
March 28, 2024
Israel-Hamas war
Israel kills and detains hundreds in Gaza hospital raid
...Yet critics have pointed to the ongoing al-Shifa raid, and the large number of militants still operating in north Gaza, as indications of Hamas’s continued resilience and Israel’s lack of postwar planning...
March 24, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
Joe Lieberman, senator who was Al Gore’s running mate, dies aged 82
...“Senator Lieberman’s love of God, his family, and America endured throughout his life in the public interest,” they said....
March 27, 2024
Zurich Insurance Group AG
Zurich’s sale of $20bn life insurance book to PE-backed group collapses
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
January 30, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Joe Lieberman, senator who was Al Gore’s running mate, dead at 82
...“Senator Lieberman’s love of God, his family, and America endured throughout his life in the public interest,” they said....
March 27, 2024
Israel-Hamas war
Hamas chief calls for march on al-Aqsa mosque as hostage talks struggle
...Ismail Haniyeh, Hamas’s political leader, said the Palestinian militant group was showing “flexibility”, but it was ready to continue fighting....
February 28, 2024
Tefaf Maastricht 2024
Battle to keep sculpture in Britain highlights European museums’ struggles
...painting, Gustave Caillebotte’s “Partie de Bateau” (1877-78), which was acquired for the Musée d’Orsay in Paris last year with €43mn solely from the luxury goods group LVMH....
March 2, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
LexSamhällsbyggnadsbolaget i Norden
Property group SBB’s creative refinancing staves off crisis Premium content
...Swedish property group Samhällsbyggnadsbolaget (SBB) has too much debt and too little time....
March 25, 2024
Rene Benko
Austria investigates René Benko for fraud
...of key companies in the property empire before its collapse....
April 16, 2024
Aviva PLC
Aviva returns to Lloyd’s of London for first time in two decades
...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
March 4, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
InterviewThe CEO
De Beers chief Al Cook seeks to restore allure of diamonds
...When a hulking container ship was 23 minutes away from crashing into the Cleeton natural gas platform in the North Sea, it was Al Cook’s first night as a manager of the offshore installation operated by...
December 19, 2023
Letter
Letter: A plan to combat cost of climate disaster insurance
...Andy Haigh Director of Climate Positive Solutions, Grosvenor Property UK, London W1, UK...
March 7, 2024
Public Investment Fund of Saudi Arabia
Saudi Arabia transfers $163bn stake of oil producer Aramco to its wealth fund
...The company will report its 2023 financial results on Sunday....
March 7, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...The price rises have sparked concern among insurance buyers and consumer groups....
April 18, 2024
Private equity
Is private equity’s bet on life insurance turning sour?
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
March 25, 2024

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