Hints and tips:
...Tokio Marine & Nichido Fire, which is one of Japan’s largest underwriters of corporate insurance against cyber attacks and a prime target for ransomware gangs, acknowledged to customers last month that it...
...Marine in 2019....
...Those earlier loans — which documents show were made to The Greensill Corporation Pty Ltd as trustee for the AD Greensill Family Trust and Peter Greensill Family Co Pty Ltd as trustee for the Peter Greensill...
...IAG has previously denied it has any “net” exposure to the BCC policies signed with Greensill Capital and Greensill Bank, saying it passed this to Tokio Marine, which bought the BCC unit in 2019....
...BCC, which is owned by Japanese group Tokio Marine, has targeted the “commercially unsupportable” fee in its latest filing in Australian court proceedings that bring together a series of insurance claims...
...Samsung Fire & Marine and Samsung Life have previously promised not to participate in any further direct financing of coal projects or refinance existing investments....
...The broker was forced to scramble in September after Sydney-based underwriter Bond & Credit Co — acquired in 2019 by Tokio Marine — formally served notice on a policy backing more than $4bn of working capital...
...Customers include insurers Tokio Marine, Covéa and Ageas. How did you get started: With accidents and disasters, every recovery starts with a visual appraisal....
...Research suggested that Samsung Life Insurance and Samsung Fire & Marine Insurance, South Korea’s largest property and life insurers respectively, financed $14bn of such projects over the past decade and...
...New frontiers: German insurtech start-up Simplesurance is moving into Japan, signing a deal with insurer Tokio Marine and airline ANA to offer travel cancellation cover....
...(FT) News round-up DLA partner alleges sexual assault from senior colleague (FT) Tokio Marine agrees to buy US insurer Pure Group for $3.1bn (FT) Saudi Arabia says oil production restored to pre-attack...
...Marine & Nichido Fire Insurance, Nippon Life Insurance, NEC, Nippon Telegraph and Telephone, Nomura Holdings, Fujitsu, Mizuho Financial Group, Sumitomo Mitsui Financial Group, Mitsui Fudosan, Meiji, Lixil...
...Samsung Life Insurance and its affiliate Samsung Fire & Marine Insurance will sell part of their 9.7 per cent stake in Samsung Electronics in a block deal amid growing regulatory pressure for the South Korean...
...of Hawaii (owned by Tokio Marine Holdings Inc.)....
...In a synchronised response, offshore mega-deals by the country’s insurers have continued one after the other, highlighted by the $7.5bn acquisition of HCC by Tokio Marine three years ago....
...Nomura, the country’s largest brokerage, sold its insurance unit Asahi Fire & Marine Insurance to ecommerce group Rakuten in January as it focuses on expanding its investment banking business in the US....
...Marine & Nichido Fire Insurance....
...“The cash injection could help Daewoo put out the urgent fire but it will not be easy for Daewoo to survive unless the industry cycle picks up and new orders start flowing in.”...
...Later in the day, Fitch also revised down the outlook of 11 Japanese insurers to negative from stable, including big houses such as Tokio Marine & Nichido Fire Insurance, Sompo Japan Nipponkoa Insurance...
...While Mr Karasawa’s company was absorbing Amiln, Tokio Marine paid $7.5bn for HCC in the US last year while Sompo Holdings agreed to acquire Bermuda-based rival Endurance Specialty Holdings for $6.3bn last...
...impacts of the collapse of the Hanjin marine shipping line at the end of August.”...
...some cases catch fire backfired spectacularly, writes Nic Fildes in London....
...At home, authorities are under fire for failing to anticipate the chain reaction, with the government embroiled in a blame game with the shipper’s parent Hanjin Group over the logistics logjam....
...As the fire rages, peppered with fragments of glass, we see Mr Harrell fighting his way up to the rig’s bridge to activate the emergency disconnect system and shut off the well....
...In June, Tokio Marine paid $7.5bn for the speciality insurer HCC Insurance; in February Daiichi Life Insurance bought Protective Life for $5.6bn....
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