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...Last month, Warburg seeded a new insurance group called Prismic that will use it to manage a portfolio of private equity investments. Warburg is also undergoing succession planning....
...But Swiss Re Corporate Solutions America, part of the group’s commercial insurance arm, has agreed to provide cover for claims of up to $20mn to Buckskin Mining Company, valid from March 2023 until March...
...The Center for Global Policy Solutions believes robotaxis will cost about $0.75 per mile to run, including insurance and maintenance....
...“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...
...Srdjan Todorovic, head of political violence and hostile environment solutions at its specialty arm, wrote that the “rapid galvanising effect of social media means unrest can occur in multiple locations...
...Blackstone, meanwhile, invests on behalf of insurers such as Corebridge through its insurance solutions division....
...The company was also fighting with insurance titan UnitedHealthcare over reimbursement policies....
...This article has been amended to clarify details related to Blackstone’s hedge-fund solutions arm...
...Some companies morph into selling digital solutions to other businesses, an example being Ping An, the Chinese insurance provider. Siemens and GE are now also data service providers....
...Originally known as the Teachers Insurance and Annuity Association of America, Ferguson’s former employer more than doubled its assets under his leadership, becoming a diversified investment house....
...Tata is suing for £7.9m, which includes the remainder plus interest and £1.3m for insurance liabilities....
...The white paper imagines bitcoin mining being a solution, alongside battery storage, for excess energy....
...Greensill’s lawyers on Monday said the loss of this insurance contract “caused the real crunch”....
...If the talks with Apollo, which this week struck a $29bn deal to merge with insurance affiliate Athene, cannot be revived, Greensill appears to have few options....
...Adding to the scrutiny is an unusual loan from Greensill to General Atlantic that was flagged during an internal investigation last year at insurance group Tokio Marine....
...In 2018 French insurer Axa floated Axa Equitable, its US life insurance business, as it refocused on property and casualty insurance....
...“The big, global events will have a very comprehensive policy,” said Edel Ryan, of the special risks practice at insurance broker Marsh JLT Specialty....
...broker Marsh JLT Specialty....
...risks practice at insurance broker Marsh JLT Specialty....
...Voice biometrics offers a potential solution but the technology has not reached the mass market stage yet....
...The centre will take anyone, regardless of whether they have health insurance, but Verily hopes that over time OneFifteen will get more donors and receive reimbursement from insurance companies....
...“I do think that the only solution that I can see that would make sense to resolve this problem is a re-vote....
...Alex Humphreys, a partner at Apollo, said: “We look forward to working with Aspen to build on the existing high quality specialty insurance and reinsurance business and we aim to leverage Apollo’s resources...
...Companies going down that path include Chubb, Liberty Specialty Markets and the UK operations of Japan’s Mitsui Sumitomo....
...solutions”)....
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