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...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
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...supply chain finance company had should pay out....
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...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...“There are still many companies that do not insure the cargo for war risk until their ships cross into Ukrainian waters and take the risk due to the current high costs of insurance.”...
...Far-right leader Marine Le Pen has at times made ambiguous comments about the procedure, such as in 2012 when she criticised so-called “abortions of convenience” and questioned whether national health insurance...
...Today’s top stories Israel launched strikes against Iran in what appeared to be limited retaliatory action for last week’s drone and missile attack by Tehran....
...One marine insurance expert said the liability insurance payout, including bridge damage, could rival the approximately $1.5bn paid after the crash of the Costa Concordia cruise ship in 2012, a record....
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...Galicia will acquire the entire HSBC Argentina business, including banking, asset management and insurance, HSBC said....
...But it’s going to be dependent on which data, which company and which time....
...with limited insurance cover that aim to take up the potentially lucrative business of transporting sanctioned goods....
...If insurance companies and friendly billionaires think he is too big a credit risk, who might help him out instead? What sort of collateral could Trump offer in return?...
...“I need to make the best use of my limited savings,” said Li. “Health insurance is not my top priority.”...
...marine insurance claim in history. 3....
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