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...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....
...By early April, however, none of Gatik’s ships held insurance from any of the recognised large mutual providers....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s
...A Bermudian financial structure used by the Miami-based bidder for Everton Football Club to funnel money invested for widows and orphans into the sport has begun to unravel. 777 Re, a Bermuda-based reinsurer...
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
...Britannia is one of 12 mutual insurers that make up the International Group of P&I Clubs, which take the first $10mn of losses from any one incident themselves, share another slice of losses with the wider...
...Only half of 4,000 people surveyed by Royal London knew that they needed 35 years of national insurance contributions to get the full amount of the new state pension....
...At Old Mutual, he became chief executive, spearheading a management buyout with the backing of private equity firm TA Associates....
...In 2018, banks and mutual funds throttled credit lines to shadow banks after the collapse of Infrastructure Leasing & Financial Services....
...Citibank, Bank of America, Wachovia and Washington Mutual all failed in 2008 (three were bailed out and one was seized and sold) because managers fatally misunderstood mortgage risk....
...The Australian insurer QBE said on Friday it had also left the climate club, after joining in February 2022....
...Lex points out that Lazard’s mix of volatile or out-of-favour businesses is not a great fit for the mutual funds that dominate public stock markets....
...But instead of going out to the hedge funds and mutual funds that usually constitute an order book in an IPO, the bank would focus on existing investors in the EQT fund....
...But the International Group of P&I Clubs, which represents 13 mutual insurers providing liability cover to around 90 per cent of global shipping, said on Monday that the Turkish request went “well beyond...
...The insurers MS Amlin, Liberty Mutual and Zurich have not disputed that the insurance policies should have paid out, but contended their liability was limited because the interruption was caused by a single...
...The Net-Zero Insurance Alliance (NZIA), a climate-focused industry club whose members’ portfolios account for 15 per cent of global premiums, has given insurers until July 2024 to choose at least three climate...
...Non-banks also include mutual fund complexes and private capital providers with asset bases sometimes worth trillions of dollars....
...I’ve worked on dual- and even triple-listed IPOs, and even when there’s mutual recognition between countries (as in the EU), execution complications arise....
...In 2016, for example, it bought English football club Wolverhampton Wanderers....
...Liverpool FC are the latest club to start scouting for new investment, joining cross-city rivals Everton and Italian giants Inter Milan....
...Commended Liberty Mutual O: 7; L: 7; I: 7; Total: 21 The insurance company’s legal department is aiming to unify practice areas and encourage greater collaboration and agility in problem solving....
...They provide mutual insurance coverage for 90 per cent of oceangoing tonnage, pooling their risk, and rely on Lloyd’s for reinsurance cover....
...resort group Club Med....
...He later said that he and Trump “might have been in a strip club together”. (Trump did not respond to a request for comment....
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