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...The former US president’s team has spent “countless hours negotiating with one of the largest insurance companies in the world”, the lawyers wrote in a filing, citing a broker they hired, but have concluded...
...The number of tankers shipping Russian oil without western insurance has risen since the introduction of the cap....
...insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...The EU is concerned that non-western insurance policies may not be effective in the event of an oil spill....
...European officials are concerned that some western insurance providers have been given false declarations from Russian oil companies or traders, which must provide written assurances the crude is priced...
...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...
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...If insurance companies and friendly billionaires think he is too big a credit risk, who might help him out instead? What sort of collateral could Trump offer in return?...
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...Going by altitude alone is not the safest predictor of snow-surety, though. Climatic conditions can have a sizeable impact....
...Before New York attorney-general Letitia James more than halved the original bond, Trump’s lawyers said 30 surety companies refused to underwrite such a large amount....
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...into bank parent companies....
...“The insurance industry has a problem in that region for the foreseeable future.”...
...Of the 20 vessels that declined the use of the pilots, only three are covered by a recognised western insurance provider....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...“A lot of people have chosen to become uninsured,” said Xu Yucai, a former health official in the north-western Shaanxi province....
...As prices rocket higher, many are faced with soaring calls for more margin, a form of insurance they must deposit at an exchange to maintain their bets....
...Many also claim that bonds provide insurance against the volatility of “risky” equities....
...The FT revealed last year that the Dubai vehicle had traded a type of Russian oil that routinely priced above the G7 price cap, while using western-based insurance services — a potential breach of restrictions...
...Russian oil tankers circumventing western sanctions are relying on insurance that appears impossible to claim against, according to leaked documents exposing the risks taken by Moscow’s “dark fleet”....
...The company plans to expand its ship fleet to eight in the next two years....
...But insurers have been reluctant to offer significant amounts of insurance to Kyiv for such work without some kind of western guarantee, given the ongoing conflict....
...With dividend yield now 10 per cent, the market is demanding more surety for risk....
...of a buyout that transfers all liabilities to an insurance company....
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