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Day: July 21, 2023

Commercial Court determines policyholder unable to claim for breach of warranty under warranty and indemnity policy

A recent Commercial Court decision relevant to policyholders serves as a reminder that warranty and indemnity (W&I) insurance policies are not a panacea to failed or defective merger and acquisition […]

Using tax liability insurance to maximize value in an M&A transaction and beyond

While more organizations are purchasing tax liability insurance to ring-fence identified tax risks during a merger or acquisition (M&A), there is limited awareness of the benefits of this type of […]

Assured Guaranty Sells Full Stake in Assured Healthcare Partners

Will Continue Investment in AHP Funds HAMILTON, Bermuda, July 21, 2023–(BUSINESS WIRE)–Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced today that it has transferred the ownership of […]

KBRA Assigns AAA Rating to Harris County, TX’s Permanent Improvement and Unlimited Tax Road Refunding Bonds, Series 2023A; Outlook is Stable

NEW YORK, July 21, 2023–(BUSINESS WIRE)–KBRA assigns a AAA Rating to Harris County, TX’s Permanent Improvement Refunding Bonds, Series 2023A and Unlimited Tax Road Refunding Bonds, Series 2023A. KBRA additionally […]

70% of Illinois voters support ending grocery tax permanently

Repealing the state grocery tax has support from 7 in 10 Illinois voters, according to an Illinois Policy Institute poll. Illinois is one of just 13 states with a […]

A general introduction to the insurance and reinsurance markets in Australia

All questions Introduction There are 89 general insurers,2 24 life insurers3 and 32 registered health insurers4 operating in the Australian insurance market. In 2021, the general private insurance market earned […]

In review: the essentials of insurance and reinsurance law in Chile

All questions Introduction Chilean insurance and reinsurance companies can be stock corporations as long as they provide these services only and comply with the special regulations established in the Chilean […]

In review: the essentials of insurance and reinsurance law in Turkey

All questions Introduction i Nature of the insurance and reinsurance market There are currently 72 active insurance companies incorporated in Turkey, consisting of 47 non-life insurers, 20 life and pension […]

In review: the essentials of insurance and reinsurance law in United Kingdom (England & Wales)

All questions Introduction i The UK insurance and reinsurance market The UK insurance and reinsurance industry is the largest in Europe and the fourth largest in the world.2 Commercial insurance […]

A general introduction to the insurance and reinsurance markets in Turkey

All questions Introduction i Nature of the insurance and reinsurance market There are currently 72 active insurance companies incorporated in Turkey, consisting of 47 non-life insurers, 20 life and pension […]

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