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...Fidelis will work with Hampden, the largest agency at Lloyd’s allowing wealthy investors to participate in the market by putting their capital against insurance risks....
...Ingosstrakh, which evolved out of the Soviet-era Chief Agency of Foreign Insurance, is one of Russia’s largest insurers. Insurance for shipping is a small part of its portfolio....
...Brereton was an executive at underwriting agency Bond & Credit Co, which was then 50 per cent owned by IAG and issued insurance policies on its behalf....
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...The rating agency recently upgraded its credit rating on an improved underwriting performance and a stronger balance sheet. Lloyd’s has also made progress in reviving face-to-face trading....
...The downgrade came from AM Best, the specialist rating agency, citing a significant rise in exposure to “less liquid affiliated investments”....
...Monday’s report also called for bodies such as the National Infrastructure Commission, an executive agency that provides advice to the government, to be given a “broader remit and be less at the mercy of...
...Nord Stream, owned by Gazprom, Wintershall Dea, Eon, Gasunie and Engie, said those involved were “unknown”....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...The writer is a former chair of the US Federal Deposit Insurance Corporation and a senior adviser to the Systemic Risk Council Thoughtful shoppers distinguish between best price and best value....
...Henry arrived in Puerto Rico on Tuesday, multiple news agencies reported, citing officials in the US territory....
...High-risk individuals should “avoid accepting message requests from unknown accounts — consider calling first to verify who they are”, it added....
...While the bulk of Greensill Bank’s €3.5bn deposits were covered by an insurance scheme, the collapse inflicted severe losses on a number of small towns and municipalities who had about €500mn of uninsured...
...“This is a wake-up call for the financial industry and the insurance industry,” executive director of the European Environment Agency Leena Ylä-Mononen told the Financial Times....
...Rating agency Fitch said it expected reinsurance rates to continue to increase year on year in January, but at a slower pace, less than 10 per cent on average, according to a note last month....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...Despite persistent attempts by Republican lawmakers to claw back some of the money, the agency has begun hiring thousands of new enforcement staff....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
...The cost is as yet unknown. The insurance sector is expecting a hefty bill....
...AM Best, a rating agency that specialises in insurance, has raised concerns about the quality of assets held by 777 Re, which are invested to support annuity contracts sold by A-Cap and another insurer,...
...Egyptian President Abdel Fattah al-Sisi has secured a third six-year term in office after an election in which he stood against three almost unknown opponents....
...The US agency’s Coral Reef Watch introduced three new bleaching alert levels as several regions, particularly in the eastern Pacific and Greater Caribbean, experienced such extreme heat stress that it was...
...The agency typically likes to sell to other regulated banks so the loans and customers of collapsed lenders remain under the eye of regulators....
...Jim Skea, head of the UN’s Intergovernmental Panel on Climate Change, told an FT conference last week the world was in “unknown territory”....
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