Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO October 28, 2022 By Steven Arons Credit Suisse Group AG has signed an exclusivity agreement with a group of investors led by Apollo Global Management Inc....
Swiss Re Posts Q3 Loss on Hit From Hurricane Ian, Signals Price Hikes October 28, 2022 Swiss Re reported a third-quarter loss of $442 million driven by claims tied to the damage from hurricane Ian, and...
Making London’s Financial Center a ‘Wild West’ Would Be Self-Defeating: BoE’s Woods October 28, 2022 By Huw Jones Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be...
Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia October 28, 2022 By Kirstin Ridley and Carolyn Cohn Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG,...
Anger Building over Delays in Replacing Faulty CPAP Devices October 28, 2022 A massive recall of millions of sleep apnea machines has stoked anger and frustration among patients, and U.S. officials are...
Florida Cat Fund May Borrow Billions Next Year, Even Without Another Storm October 28, 2022 By William Rabb The Florida Hurricane Catastrophe Fund is well equipped to handle losses from Hurricane Ian, which are now estimated to cost...
New Jersey Beach Town Bulldozes State Over Rebuilding Sand Dues, Building Sea Wall October 28, 2022 By Wayne Parry NORTH WILDWOOD, N.J. (AP) — When the remnants of Hurricane Ian passed by the Jersey Shore earlier this month, chewing...
Police Think Crash That Killed 4 Teens May Be Linked to TikTok Challenge October 28, 2022 A car crash in Buffalo, N.Y. that left four teenagers dead may have been linked to a TikTok challenge, a...
Kansas Undersheriff Faces Trial in Fatal Beanbag Shooting October 27, 2022 By Roxana Hegeman An undersheriff in rural Kansas faces a manslaughter trial Monday for fatally shooting an unarmed man with a homemade beanbag...
Theft of Frozen Beef in Nebraska Uncovers Midwest Crime Ring October 27, 2022 An investigation into the theft this summer of several semitrailers loaded with frozen beef from Nebraska has led to arrests...