Legal
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The Swiss carrier denies signing off dangerous new-builds without full inspections.
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The regulator raps the UK division for failure to disclose insurance giant’s holdings in Powergrid and Munich Re.
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The potential for a wave of class actions as a result of biometric data privacy laws has the cyber market on alert.
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The reinsurer argues the action was lodged to divert attention from alleged misconduct by the mutual’s CEO.
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Covéa said it has filed a complaint against Scor chairman and CEO Denis Kessler with the Parquet National Financier financial crime office alleging “market manipulation and misuse of corporate assets”. Scor denounced the action as "deceitful and groundless".
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The Swiss Bank said that the broker did not disclose issues around the supply chain financier’s insurance coverage.
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The nonprofit entity remains isolated from liability claims for now.
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According to the Capitol Forum, antitrust regulators will consider the deal's impact on the world’s fourth largest insurance broker AJ Gallagher
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The carrier has admitted to errors in select cases but stressed that its $475mn loss figure remains unchanged.
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An entrepreneur running an escape room business wins the sum after media intervention.
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The $7.5bn bid requires more certainty of value and a higher cash consideration, according to CoreLogic's CEO.
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The CEO says an examination of the unlimited guarantee could result in a split of conventional cover from events such as biological or nuclear attacks.