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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...In partnership with Johns Hopkins University in Maryland, Lloyd’s is conducting research into the role of insurance in the transatlantic slave trade, through which millions of Africans were forcibly transported...
...People with knowledge of the matter confirmed such a letter was shared with the regulator but said that no agreement between BCC and Greensill Capital was disclosed....
...the matter....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...The SMI, a private-sector grouping of chief executives, highlighted what it believed to be insurance industry gaps in a report issued last year....
...Eight people have been charged by the DoJ in related matters, including the former chair of the state-owned companies, Juan Ribas Domenech, who pleaded guilty to money laundering in 2020 for his role in...
...Most of Trump’s buildings are held by limited liability companies, which were also found liable in the fraud case....
...Both of those categories appear to be for accidents where the covered driver is found to be at fault: Allstate’s Mario Rizzo said in the company’s 1Q earnings call that stabilisation of auto prices was...
...That’s no small matter, as the entire insurance industry managed an aggregate of more than $2.8tn in bonds at the end of 2023, according to the NAIC....
...Well, these might finally matter now....
...basis points since it was issued in February....
...In the past two years, the ICO has issued a total of £1.45mn in fines to 16 companies for making nuisance calls, but consumer groups say penalties for rulebreakers need to be harsher....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...ability of the company to . . . maximise value for all stakeholders”....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...In a press release issued on December 29 it said that all the systems had been restored by December 22. The issue was first reported on November 24....
...After the SEC issued its subpoena, Musk tweeted: The SEC began investigating Musk’s Twitter purchases in May April 2022....
...Labour MP Siobhain McDonagh raised the matter of a gas explosion in her constituency where hundreds of residents were required to leave their homes, saying it was the local authority that had to spend more...
...They issued liabilities in the cheaper market, or even borrowed in the cheap market to place in the pricier market....
...And it was actually pretty interesting in their first quarter calls, a lot of the executives at these insurance companies were like, well, you know, we don’t wanna talk too much about why this happened or...
...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...
...A bench trial to decide on outstanding matters in the case, such as whether the defendants falsified business records or committed insurance fraud, is due to begin on Monday, and there was no indication...
...Last month, the firm merged its credit and insurance arms in the hunt for its next trillion....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
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