The credit markets must be getting tired of watching the unthinkable happen. But when Fitch Ratings finally downgraded monoline insurer Ambac on January 18 it sent shock waves through the market that ...
Innovative advancement marks a significant milestone in revolutionizing personal umbrella insurance management, streamlining operations, enhancing efficiency, and improving customer service.
Did our AI summary help? The Insurance Regulatory and Development Authority of India (IRDAI) is likely evaluating the introduction of monoline or sector-specific insurance licences as part its agenda ...
Earlier this month, Judge Judith J. Gische of the Appellate Division of the Supreme Court of New York, First Judicial Department found that ACA Financial Guaranty Corporation, as bond insurer, must ...
The huge growth in products and sophistication in global credit markets has been a boon for almost all participants – with one notable exception. Monoline insurers are contemplating a bleak future in ...
Treasury Secretary Tim Geithner momentarily touched on the insurance industry as he spoked to Congress about over-the-counter derivatives and proposed reforms of the U.S. financial system. "Under our ...
The Nigeria Sovereign Investment Authority (NSIA), statutory fund manager for Nigeria’ s sovereign wealth fund (SWF) is working out arrangements for a monoline insurance system that will enhance the ...
The two items in The Bond Buyer in recent months considered a widely reported phenomenon. "Adverse selection" by a number of monoline insurers in guaranteeing collateralized debt obligations of ...
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that Midwest Builders’ Casualty Group is the recipient ...
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