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...Brereton was an executive at underwriting agency Bond & Credit Co, which was then 50 per cent owned by IAG and issued insurance policies on its behalf....
...It has brands including Knight Square Insurance and lettings and management company Campions in the UK. Emeria is also backed by the private equity group TA Associates....
...Investment bankers from the likes of Barclays, BNP Paribas and Morgan Stanley are shepherding the deal through the market, while Canadian ratings agency DBRS has provisionally awarded the top tranche of...
...While the bulk of Greensill Bank’s €3.5bn deposits were covered by an insurance scheme, the collapse inflicted severe losses on a number of small towns and municipalities who had about €500mn of uninsured...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...Cryptocurrencies, whatever their merits, exist largely to go up and down. Right now, they are going up. Email us about anything else: robert.armstrong@ft.com and ethan.wu@ft.com....
...Claims could span property and cargo damage, third-party liabilities and business interruption, said Mathilde Jakobsen, senior director at AM Best, an insurer rating agency, and would “add to the increasing...
...don’t necessarily save money for Medicare [the federal health insurance scheme],” said Robert Przybelski, a geriatrician at UW Health in Madison, Wisconsin, where about 25 patients have been treated with...
...If you have strong opinions about anything else, send them along: robert.armstrong@ft.com and ethan.wu@ft.com. Is the rally over?...
...So the insurance industry has sold more annuities and used the proceeds to buy credit. The final thing is retail....
...Fiscal dreaming Robert Shrimsley’s column this week is a howl of rage against the government’s new football regulator and more besides....
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.Armstrong@ft.com and ethan.wu@ft.com....
...Robert McCauley is a non-resident senior fellow at Boston University’s Global Development Policy Center, and a research associate at Oxford’s Faculty of History....
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
...insurance, which is capped at $250,000....
...Berkshire’s other big overweights are in energy, utilities, rails, and insurance....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Blame car insurance and repair inflation (for details, listen to the Unhedged podcast)....
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...In evidence to MPs in 2021, Lex Greensill stressed the role of Marsh in providing information on the insurance cover and said the firm was “absolutely” convinced its insurance would be renewed until shortly...
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