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...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
...Their performance was helped by a few big successes such as insurance group Skyward Specialty, which has risen 125 per cent since listing a year ago, and Rayzebio, which is up 244 per cent, driven by news...
...Lichtenstein-based Artex will next week list Art Share 002, the maiden stock on what it hopes will become the world’s first exchange for high art....
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Russia’s invasion of Ukraine has had a serious impact on political-violence insurers, with payouts for destroyed buildings one of the main areas of claims paid by carriers, typically to western companies...
...“It has become a bigger company and this could create the perception that it needs more insurance,” said Kevin Lacroix, an attorney and executive vice-president at RT ProExec, a unit of RT Specialty, an...
...“Insurance and grain futures were once distrusted concepts that evolved into the important risk-management tools we know today....
...The IRA has created an opportunity for new kinds of insurance products, too, said Jordan Tamchin, tax insurance practice leader at CAC Specialty, a broker....
...Liberty Specialty Markets....
...John Firth, of insurance company Willis Towers Watson, pointed out that “duty of care” requirements mean a risk of lawsuits over professional advice that fails to take climate-related threats into account...
...Each of the following will be up for sale: India’s fifth-largest privately owned general insurance company, a stockbroker, a stake in an asset manager and Reliance Capital’s 51 per cent share in a life insurance...
...Burnt bridges A decade ago, Kirill Dmitriev’s efforts to launch Russia’s maiden sovereign wealth fund made him the toast of Wall Street....
...The company also reinstated its first half dividend....
...Maiden full-year results from Moonpig, the greetings card retailer, delivered a more than doubling of underlying profit....
...It provides a sort of insurance.”...
...The details of the correspondence emerged in the claim by Tata, which is suing three of Gupta’s companies — Liberty Specialty Steels, Liberty House Group and Speciality Steel UK — over the partial payment...
...Saga’s insurance division reported motor and home policy sales 2 per cent behind the prior year, reflecting a competitive market, but said the picture had improved since the start of May....
...When the next megaship sets sail on its maiden voyage, we wouldn’t expect quite as many camera crews....
...The others are the retiree-focused UK insurance and travel company Saga and the Miami-based Crystal Cruises....
...Aon is one of the world’s biggest insurance brokers, assisting companies to organise their cover....
...Jon Turner, head of insurance broker Gallagher’s UK specialty business, said: “There was a snowball rolling down the hill and coronavirus has added to that as it gathers momentum.”...
...On May 4, a new cruise ship called the Spirit of Adventure is due to leave the English port of Dover on a maiden voyage like no other....
...RBC estimated that the company’s insurance business would release £78m in mortality reserves every year over the next five years....
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