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Sources said that the carrier has held preliminary talks with private debt investors.
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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The fundraising focus comes after it was acquired by The Baldwin Group in Q1.
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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
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Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
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Both executives will be based in New York City.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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One of the options being explored is setting up a dedicated company for the wholesale vertical.
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It is understood that CyberCube has been considering a sale of the business.
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Rates will remain elevated in a period of structurally higher risk premia.