According to Chubb CEO Evan G. Greenberg, the insurance industry's underwriting practices for a number of...
Thames Water Debt Insurer Taps Advisers as Crisis Deepens
A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with bondholders and advisers to protect their interests ahead of potential debt talks,...
A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with bondholders and advisers to protect their interests ahead of potential debt talks,...
Article / 16 hours ago
Citi's CEO Fraser Wary of Insurance Giants' Role in Private Credit
Citigroup Inc. Chief Executive Officer Jane Fraser warned that there's a risk to the growing number of insurers piling funds into direct lending opportunities....
Citigroup Inc. Chief Executive Officer Jane Fraser warned that there's a risk to the growing number of insurers piling funds into direct lending opportunities....
Article / 2 days ago
Investor Climate Group Sets Target for Assets in Private Equity, Debt
The world's leading group of asset owners committed to turning their investment portfolios green said on Thursday it had set guidance for private assets for the first...
The world's leading group of asset owners committed to turning their investment portfolios green said on Thursday it had set guidance for private assets for the first...
Article / 8 days ago
Trump's Bond Insurer Tells Judge Shortfall Is ‘Inconceivable'
Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York's civil fraud case is financially capable of paying up if his legal challenge fails, after the state...
Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York's civil fraud case is financially capable of paying up if his legal challenge fails, after the state...
Article / 10 days ago
Ping An Insurance's Delayed Trust Repayment Shows Lingering Property Woes
Ping An Insurance (Group) Co.'s trust business delayed repayment on a property-linked investment product, showing how the financial giant's...
Ping An Insurance (Group) Co.'s trust business delayed repayment on a property-linked investment product, showing how the financial giant's...
Article / 16 days ago
EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Article / 21 days ago
Brookfield's $200 Billion Credit Group Seeks to Lure Insurers
Brookfield Asset Management's newly formed credit arm will cater to its parent's insurance business and will also pitch other insurers on overseeing their assets, the unit's chief executive officer...
Brookfield Asset Management's newly formed credit arm will cater to its parent's insurance business and will also pitch other insurers on overseeing their assets, the unit's chief executive officer...
Article / 25 days ago
Trump $175 Million Bond Arranged by Billionaire Supporter's Firm
A billionaire Donald Trump supporter whose California company is known for subprime auto loans offered to arrange the former president's $175 million...
A billionaire Donald Trump supporter whose California company is known for subprime auto loans offered to arrange the former president's $175 million...
Article / 25 days ago
Asset-Backed Securities Face New Risks From US Court Decision
A federal court decision has raised new legal risks for a corner of Wall Street that bundles consumer loans into asset-backed securities....
A federal court decision has raised new legal risks for a corner of Wall Street that bundles consumer loans into asset-backed securities....
Article / 30 days ago
Foreign Firms' Losses From Exiting Russia Top $107 Billion
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and...
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and...
Article / 30 days ago
