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...As his New York trial got under way this week, Bankman-Fried filed a legal complaint against a unit of Chicago-based CNA, saying that the company had not paid out on directors and officers insurance intended...
...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...
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Beazley in 2021 set up an impact investing strategy, run by Linda Zuberi, previously an investment manager at UK insurance group Lloyd’s and Australian insurer QBE....
...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...
...Janus Henderson (JHG.AX), Perpetual (PPT.AX) and QBE Insurance (QBE.AX) all wear this linkability without issue....
...“As the Net-Zero Insurance Alliance disintegrates before our eyes, we must ask why these huge companies with their hordes of lawyers did not see antitrust issues as a major obstacle when they founded the...
...“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...
...The Japanese insurer Sompo Holdings also withdrew, saying it would continue to pursue its climate goals “as vigorously” outside the group, as did the Australian insurer QBE. The trigger?...
...“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....
...Like many, Australian insurer QBE has deadlines for oil sands companies, or oil and gas drillers, to get on “a pathway consistent with achieving the Paris agreement”....
...The company also reinstated its first half dividend....
...UK insurers: down under exchange On the subject of Australian financiers, London insurance executives seem to have a thing about Australian insurer QBE, and vice versa....
...It said it was also co-operating with the prudential regulator to understand whether Australian insurers QBE and Insurance Australia Group, as well as Japan’s Tokio Marine, had exposure to the collapsed...
...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...
...After a stint at insurer QBE, Brereton was picked in late 2015 as head of trade credit for the agency that would become BCC....
...There are growing rows between companies and insurers over business interruption insurance. Insurers say the vast majority of policies do not cover the sort of disruption caused by the pandemic....
...Insurance companies disputing a judgment in favour of small businesses seeking millions of pounds in payouts for coronavirus disruption told the Supreme Court on Monday that the earlier ruling was based...
...They are: Arch; Argenta Syndicate Management; Ecclesiastical; Hiscox; MS Amlin; QBE UK; RSA; and Zurich....
...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.”...
...Enstar, a Bermuda-based insurance company, launched a $610m recapitalisation of StarStone, its US subsidiary....
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