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...also come under pressure because US regulators have pushed insurance group A-Cap to cut exposure to the group....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...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....
...“It seems as if the government has fallen for the line that regulation restricts consumer access to credit,” says Mick McAteer, co-founder of the Financial Inclusion Centre and a former FCA board member....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...The firm’s ties to A-Cap, an insurance group led by chief executive Kenneth King, have also raised concerns....
...Blackstone has appointed Philip Sherrill as global head of insurance. He previously worked for Global Atlantic Financial Group as chief strategy officer....
...Co. Smith & Nephew Associated Co’s. Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...AH: The policymakers’ response to some of the agricultural concerns has been to lessen environmental standards in agriculture....
...But most economists said any improvement would be too slight to offset the long stagnation in living standards seen since the 2008 financial crisis....
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...“By their very nature Basel agreements only set minimum regulatory standards.”...
...Legal, accounting and insurance fees are also increasing transaction costs for buyers and sellers....
...“You can imagine all sorts of additional claims that might involve insurance companies, suits against directors, wrongful death claims, all sorts of things.”...
...She is co-lead of the UN consultation with Bing Leng, the Shanghai-based International Sustainability Standards Board member....
...“I’ve never seen anything like this,” says Jarryd Anderson, co-chair of the financial services group at law firm Paul, Weiss....
...The US’s Environmental Protection Agency is expected to finalise legally enforceable standards for PFAS in drinking water this year, and 10 states have legally enforceable standards....
...The main kind of national and current insurance contribution is being cut by two points or indeed the changes to self-employed National Insurance....
...In August, the US International Development Finance Corporation supported $500mn of insurance for Gabon’s ocean territory, in a deal that helps lower the interest rate on the African nation’s debt....
...He has prioritised growth in areas such as tapping wealthy individual investors, expanding its credit and insurance-related assets and increasing overall headcount....
...Out of more than 600 clients, 19 were found to have fallen short of sustainability standards, it said....
...A standard 10-year new-build guarantee is insurance-backed and should be issued by one of the providers deemed acceptable to the majority of lenders, as set out in the UK Finance Mortgage Lenders Handbook...
...He worked for established marine insurers including Standard, Skuld and West of England, as well as German insurer Hanseatic, before founding DGS Marine in the late 2000s....
...777 had $9bn to $10bn of assets under management including a “close to $4bn insurance balance sheet”, he said....
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