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...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Beijing denounced the decision at the time, fiercely objecting in particular to the choice of three bases in the northern Philippines, close to Taiwan....
...“The good news here is the insurance is in force,” said Neal on Thursday. “The boat is insured, the bridge is insured, the port authority is insured.”...
...The insurance sector is expecting a hefty bill....
...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....
...The insurance claim stemming from the accident could reach $1bn-$3bn, Barclays analysts estimated on Wednesday....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...The Peruvian government has trumpeted Chancay, capable of berthing some of the world’s largest cargo ships and drawing maritime traffic from Chile, Ecuador and Colombia, as an important investment success...
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production in US by 2026 as part of $40bn investment
...The US military will supply the shipments through Cyprus, in co-ordination with other partners and allies, the official said....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...While the maritime corridor is established, US officials said Israel would be expected to open a border crossing into northern Gaza for trucks to enter....
...from state-owned insurance companies....
...Risk appetite, geopolitics, charter party obligations, insurance costs and arbitrage economics, not just the naval presence, are driving their decision-making....
TfL warns passengers to expect some disruption on Monday despite week of action being cancelled
...One barge, arranged by a charity and largely funded by the United Arab Emirates, was due to leave Cyprus this weekend to test the maritime corridor....
...For the airline, which updated its investors on Thursday, the loss of the Airbus A350 aircraft will be covered by insurance....
...Chen Long, co-founder of research firm Plenum, said offering potential support to Vanke would be tricky for the government because other developers could question why they did not receive similar treatment...
...The Houthis, who control most of northern Yemen and have been fighting in a nine-year civil war in the impoverished Arab state, are among several Iranian-backed militant groups that have launched attacks...
...They said that would refine their ability to jointly operate uncrewed maritime systems and provide real-time maritime domain awareness....
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