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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...Funabiki also praised UK regulators, which have come under criticism from lawmakers and lobby groups for being slow in approving new insurance securities, as “very knowledgeable and . . . always willing...
...The administrator for the German bank that was owned by failed supply chain finance group Greensill Capital is suing insurer Zurich in London’s High Court for more than $250mn over unpaid claims, as the...
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...Aspen is owned by private equity group Apollo and sells insurance and reinsurance through the Lloyd’s of London market as well as in Bermuda and the US....
...The five insurers and reinsurers belong to the A-Cap group, and together held $11.5bn of assets at year end....
...The Bank of England, Lloyds Banking Group, RBS and law firms Freshfields and Farrer are among other institutions to have issued apologies, with some pledging to fund diversity initiatives....
...Michel Liès, chair of the IDF’s steering committee and of insurance group Zurich, said the climate summit would be an opportunity to spread the message that it would be better to spend money on prevention...
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...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....
...Down on the street below, polished chauffeured cars purred past, ferrying Zürich’s lawyers, insurance brokers and financiers to their villas out of town....
...The wrangling as to which group was more liable “can go on quietly and sensibly, and it will go on behind the scenes”, he said....
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
...Then a banner deal from Viridium to acquire a $20bn back-book from Zurich collapsed in January....
...Aviva chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in the group’s general insurance business....
...Rising commercial insurance prices also lifted rival insurance group Zurich, which reported on Thursday a record adjusted operating profit of $7.4bn, topping analysts’ expectations....
...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...
...Some policies may include your children but have a condition that they are in full-time education and travelling with you as part of your group trip....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...US insurance group A-Cap, a lender to 777, late last month said it would attempt to raise $400mn in fresh capital and take back control of assets ceded to 777 Re because of credit rating downgrades....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...The insurer is one of a number of such groups, including Tokio Marine and Zurich, that have refused to pay out on Greensill’s credit cover....
...The Sony-backed group plans to keep Benefit One listed and it has already agreed to buy Pasona’s stake in the subsidiary....
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