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On 1 January 2022, the HKEX amended its Listing Rules, including the Corporate Governance Code, with the aim of increasing diversity on its issuers’ boards. [read post]
13 Oct 2022, 1:55 pm by Kevin LaCroix
  Second, the D&O market exhibited a two-year negative emergence of $1.58 billion between 2018 and 2019, followed by a two-year low interest environment during the COVID-19 pandemic that restricted investment income for reinsurers. [read post]
4 May 2021, 6:13 am by Shannon O'Hare
Certain entities are exempt from the requirements of the French banking monopoly regulations, such as insurance and reinsurance companies, certain pension funds, UCITS and AIF. [read post]
26 Mar 2021, 8:27 am by Adam Isles, Paul Rosenzweig
The work is reproduced and distributed with the permission of The MITRE Corporation.). [read post]
1 May 2020, 2:11 am by Shannon O'Hare
Certain entities are exempt from the requirements of the French banking monopoly regulations, such as insurance and reinsurance companies, certain pension funds, UCITS and AIF. [read post]
1 Mar 2019, 9:50 am by skelly
[Banking Tech] CyberCube, a San Francisco based startup insurtech analytics platform, has been selected by reinsurer Munich Re to quantify, model and control cyber accumulation risk. [read post]
17 Sep 2017, 2:57 pm by Wolfgang Demino
Bank of America, N.A. is now charging more than a $1,000 for filing the required answer to such a writ (verified by a corporate representative, see image below) and for whatever little effort it takes to see to it that it gets a cut of its own customer's account balance when the court enters a final judgment of garnishment for the Trust. [read post]
10 May 2017, 10:20 am by Cynthia Marcotte Stamer
While Congress continues to debate the future of the Obamacare health reforms and its exchanges, the Department of Health & Human Services is reminding employers with less than 50 employees that wish to offer group health coverage for their employees to check out their coverage options offered the Small Business Health Options Program (SHOP) Marketplace established as part of the Patient Protection and Affordable Care Act (ACA). [read post]
25 Apr 2017, 3:21 pm by Cynthia Marcotte Stamer
While Congress and the Trump Administration continue to ponder and debate what if anything to do with the health care reforms of the Patient Protection and Affordable Care Act (ACA), employer and other health plan sponsors, health plan insurers, plan fiduciaries and others responsible for health plan design, administration or funding must take steps to verify their past and continuing compliance with the ACA and other federal mandates while laying the groundwork to respond quickly to any eventual… [read post]
22 Feb 2016, 4:36 pm by Kevin LaCroix
  As a result of this decision, several states began to enact corporate indemnification statutes.8 In 1967, the State of Delaware passed new indemnification laws specifically authorizing corporations to purchase D&O liability insurance; by 1973, 25 other states had followed Delaware’s lead.9 Until this time, it was unclear if a corporation could legally pay the cost of the individual liability of a director or officer under the corporate… [read post]
3 Jul 2014, 4:13 am by Kevin LaCroix
  Ultimately, insurance carriers and their accumulation / clash reinsurers have an interest in the systemic risk component of almost all modern forms of cyber security. [read post]
24 Oct 2012, 7:27 pm by Jon G. Brooks
I was asked to offer a brief history of bankruptcy and debt in Western society, from ancient times to our modern bankruptcy law in America. [read post]
8 Jun 2011, 5:54 am by Frank Pasquale
It had no way of paying out anywhere near that amount, and had not reinsured itself, or offloaded some of the risk onto someone with deeper pockets. [read post]
Editor’s Note: Eduardo Gallardo is a partner focusing on mergers and acquisitions at Gibson, Dunn & Crutcher LLP. [read post]
27 Apr 2009, 3:10 am
Region: The International Development Bank, World Bank Group, Andean Development Corporation, Caribbean Development Bank and the Central American Bank for Economic Integration recently announced their pledge to lend US$90 billion to Latin America and the Caribbean in the next two years. [read post]