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...One of Tokio Marine’s acquisitions, highlighted in a recent investor deck, was its April 2019 deal to buy the Bond & Credit Co, which provided $10bn of credit cover to Greensill Capital....
...MS Amlin is targeting growth in areas such as marine insurance, one of its specialities....
...The syndicate will look to write business across multiple insurance and reinsurance lines, including political violence, marine, aviation and property catastrophe....
...In late April 2019, just days after Japanese insurance group Tokio Marine announced it had acquired BCC, Lex Greensill requested that Brereton confirm the arrangement in a letter to be shared with BaFin,...
...Salvini, meanwhile, is strengthening his alliances with far-right Eurosceptics, including France’s Marine Le Pen, Geert Wilders in the Netherlands and politicians from Germany’s AfD....
...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...
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...Greensill’s insurers, which include BCC’s former parent Insurance Australia Group, Tokio Marine and Zurich are refusing to pay out on the company’s credit cover....
...Then came the sound of automatic weapons fire. In a video shot by an Al Jazeera journalist, tracer rounds lit up the night sky and dozens of gunshots were heard....
...Tokio Marine has accused Greensill Capital of using “fraudulently obtained” insurance policies....
...Corporate earnings: Sony, Japanese insurer Tokio Marine Holdings and Japan Post Bank report third-quarter earnings....
...“I think that Fire Island is so deeply rooted in white supremacy that the work [of improving equality] is probably a life-long practice,” says Al-Shathir....
...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...
...The centuries-old market has been at the heart of the marine insurance sector since its inception....
...IAG added that if the court ruled it had to pay out on the insurance, it would rely on the 2019 agreement to pass the credit insurance exposure to Tokio Marine....
...Frontex has deals with several countries neighbouring the EU, and co-operation could be deepened in future....
...In late January, they started a serious fire on the Marlin Luanda, a tanker operating on behalf of commodities trader Trafigura....
...The International Union of Marine Insurance said in September that although fires caused by these vehicles were not more common or intense than those caused by traditional cars, new firefighting techniques...
...The two South Korean nationals accused of industrial espionage work for marine consultancy firm SI Innotec, which was fined by a Korean court last year for exporting military-grade submarine equipment to...
...The marine insurance market has also seen a sharp rise in the cost of travelling through the Red Sea and Suez Canal as a result of a wave of attacks by Iran-backed Houthi rebels....
...“Perhaps there are also ‘co-benefits’, if you will, in distinguishing our programmes from use-of-proceeds bonds,” he said, referring to debt where all the capital raised has to be used for a specific purpose...
...Fire risks are also rising, given ships are carrying greater amounts of lithium-ion batteries....
...Earnings: Japanese insurance companies Tokio Marine, MS&AD and Sompo will publish their fiscal second-quarter results....
...areas controlled by the regime of Syrian dictator Bashar al-Assad....
..., US diplomats managed to prevent a Russian telecoms official (who previously worked at Huawei) from becoming head of the International Telecommunication Union, a UN agency responsible for facilitating co-operation...
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