Cayman Islands regulator explores legal options after Silicon Valley Bank deposit seizure - Reuters
The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the U.S. Federal Deposit Insurance Corp seized deposits held...
The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the U.S. Federal Deposit Insurance Corp seized deposits held...
reuters.com /
Article / 9 days ago
Bankruptcy court rules SVB directors, officers can tap into liability insurance
A federal bankruptcy court in New York ruled Tuesday that directors and officers of SVB Financial Group, parent company of the failed Silicon Valley Bank that...
A federal bankruptcy court in New York ruled Tuesday that directors and officers of SVB Financial Group, parent company of the failed Silicon Valley Bank that...
Article / 10 days ago
Credit Suisse bond wipe-out will not trigger credit insurance payout - Reuters
Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market...
Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market...
reuters.com /
Article / 14 days ago
When a bank collapses, what are the insurance implications?
Whilst the failure of Silicon Valley Bank in the US is very recent and yet to be fully understood, as a major provider of capital to technology start-ups and early-stage venture capital businesses...
Whilst the failure of Silicon Valley Bank in the US is very recent and yet to be fully understood, as a major provider of capital to technology start-ups and early-stage venture capital businesses...
Article / 16 days ago
Deposit insurance bonds: The multi-billion bank crisis loss that never was
The two-act banking crisis that unfolded in March and April generated fears for the insurance sector from asset portfolio hits and D&O/E&O losses, as well as...
The two-act banking crisis that unfolded in March and April generated fears for the insurance sector from asset portfolio hits and D&O/E&O losses, as well as...
Article / 17 days ago
EU commission proposal on bank rescues not ready for approval - Reuters
A European Commission proposal on bank rescues is not yet ready for approval, German Finance Minister Christian Lindner said on Tuesday...
A European Commission proposal on bank rescues is not yet ready for approval, German Finance Minister Christian Lindner said on Tuesday...
reuters.com /
Article / 17 days ago
US banking failures and the potential impact on the D&O market
It is too early to discern the impact which failures of three, (at latest count), banks in the US will have on the wider D&O market. But there are some early lessons.
It is too early to discern the impact which failures of three, (at latest count), banks in the US will have on the wider D&O market. But there are some early lessons.
Article / 18 days ago
Berkshire’s Buffett Blames Politicians, Regulators, Press for Bank Failures
Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring “turmoil” to the...
Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring “turmoil” to the...
Article / 27 days ago
AIG postpones Corebridge stock sale as banking fears fuel volatility - Reuters
American International Group Inc said on Friday it had delayed a secondary share sale in its life insurance and retirement business unit due to heightened market volatility fueled by the banking crisis...
American International Group Inc said on Friday it had delayed a secondary share sale in its life insurance and retirement business unit due to heightened market volatility fueled by the banking crisis...
reuters.com /
Article / 28 days ago
SVB collapse: what can be learnt about ESG investment strategy
What can insurers learn about ESG investment strategy from the SVB collapse...
What can insurers learn about ESG investment strategy from the SVB collapse...
Article / 28 days ago