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...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...
...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...
...Founded by Australian financier Lex Greensill and advised by former UK prime minister David Cameron, Greensill imploded in early 2021 after it failed to extend the terms of its insurance....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...In the UK asset manager’s latest annual review (out last week but we only got around to reading it) co-CIO Maxey revisited his 2022 prediction, and mused on whether the danger has “been averted, or merely...
...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....
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud, The Wall Street Journal writes....
...“This historic high seas treaty creates a co-ordinated approach to establishing marine protected areas on the high seas, a critical step to conserving ocean biodiversity,” said US secretary of state Antony...
...Letter in response to this article: How Covid leaves companies more vulnerable to cyber attack / From Monica Oravcova, Co-Founder and Chief Operating Officer, Naoris Protocol, Wilmington, DE, US...
...The call to split the bank in two “did not make clear business sense” but “the politics risk making HSBC an impractical business”, said Hugh Young, Asia-Pacific chair of the UK asset manager Abrdn, an HSBC...
...The court papers say that Yasuda Fire and Marine Insurance “recklessly, if not purposefully, ignored the provenance of Sunflowers that Christie’s published”....
...Adam Fletcher, associate at law firm Farrer & Co, says if you own or have an interest in residential property anywhere in the world, the purchase of an additional residential property will trigger a stamp...
...“Today juniors who join us think ‘I can start in Paris and build a career there’,” said Thierry Sancier, one of the co-heads of Goldman Sachs’s office by the Arc de Triomphe....
...Cazenove turned off the building’s fire alarm system, consciously invalidating its own insurance, to accommodate George’s prodigious smoking habit, and when the governor asked for pre-lunch whisky, a junior...
...Then someone set a dustbin on fire — the perfect Instagram image — and other demonstrators began filming it....
...Samsung Fire & Marine and Samsung Life have provided more than Won16tn ($13.8bn) in backing for the coal industry through project financing, bonds and insurance underwriting since 2009, according to data...
...One key area of marine insurance is liability cover, which covers shipowners for huge accidents such as oil or bunker fuel spills that can incur multibillion-dollar claims....
...A marine. I’ve never seen him sick. That generation — he’s 72 — everything is like, ‘Pain doesn’t hurt.’”...
...In a stunt to promote its launch of pet insurance, the $33bn valued sort-of bank this week named a one-year-old Shiba Inu called Sam as its chief pet officer....
...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...
...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...
...Retail under fire Even before the pandemic, more people were shopping online and fewer in stores....
...Data provided to the Financial Times by a ruling party lawmaker and the Korea Sustainability Investing Forum, a non-governmental organisation, show two Samsung units — Samsung Fire & Marine and Samsung Life...
...(FT) Fire up the jet As commercial airlines tick by on life support, the private aircraft industry is taking off....
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