Hints and tips:
...The Canadian group also created a reinsurance affiliate to initially manage $5bn of the Iowa company’s annuity liabilities and today owns 18 per cent of the insurer....
...Insurers sometimes “cede” assets and liabilities to reinsurers in order to manage their balance sheets....
...This year it did the biggest UK deal of its kind, when general insurer RSA offloaded £6.5bn of liabilities to the group....
...Further complicating matters, specialised insurance firms have also written contracts protecting some bondholders from a default....
...The ‘run-to-RRP’ risk To help manage interest rates in the excess reserves era the Fed introduced a new tool called the overnight reverse repurchase facility, or O/N RRP....
...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...
...Insurer RSA agreed to offload £6.5bn of its liabilities earlier this year, the biggest overall transaction in the UK so far, while the Financial Times reported in July that BP was in talks over an insurance...
...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....
...The pace of easing of mortgage rules by Chinese authorities has picked up this month, after years of cracking down on excess leverage in the sector....
...Country Garden, which had liabilities of about Rmb1.36tn as of the end of the first half of 2023, faces more repayment pressure this week....
...The Financial Times Ltd and the authors are not responsible for any direct or indirect result arising from any reliance placed on replies, including any loss, and exclude liability to the full extent....
...The company, which has liabilities of around $300bn, is in the middle of a drawn-out restructuring process and has not provided a clear plan to investors....
...Depending on your circumstances, specialist life insurance may be an option to cover any residual liability....
...Addy Loudiadis is stepping down as chief executive of Rothesay, a group she co-founded within Goldman Sachs 15 years ago and has since turned into the largest UK pensions insurance specialist....
...“It’s an excess of money chasing goods, and the consequence is higher prices. It’s not an overheating economy.”...
...Suddenly, the idea of excess liquidity in the system starts to look very tenuous, particularly from a financial market perspective. . ....
...One key area of marine insurance is liability cover, which covers shipowners for huge accidents such as oil or bunker fuel spills that can incur multibillion-dollar claims....
...The issue was crucial for Ping An because it owns HSBC through its life insurance arm, using the normally reliable HSBC dividend to offset its long-term insurance liabilities....
...Questions have also been raised about the Razoni’s insurance....
...Weeks later the company agreed to sell its US insurance group AmeriTrust to US provider AF Group. In late May, Fosun sold its last chunk of shares in Tsingtao Brewery for $523mn....
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