We reported last month that AXA XL had secured $67.5 million of retrocessional protection from a new Galileo Re Ltd. (Series ...
Former President Donald Trump must come up with the full amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday. Associate Justice Anil Singh, ...
NEW YORK (AP) — Donald Trump has secured a $91.6 million bond sufficient to cover the money he owes to writer E. Jean Carroll in a defamation lawsuit while he appeals the jury’s verdict, the former ...
Covered bonds are secured debt instruments which offer greater investor protection than traditional corporate or government bonds. Known as a dual recourse structure it provides two layers of ...
Fidelity bonds cover direct losses from employee theft, not third-party claims. In a recent case, courts ruled that losses from a fraud scheme were not covered because they resulted from a chain of ...
THE SCENES of devastation in Los Angeles were just the latest in a recent barrage. Last year hurricanes in the Atlantic, earthquakes in Japan and flooding in Europe all carried huge financial and ...