Private firms under pressure as D&O underwriting tightens amid insolvency wave – Insurance Business
Private firms under pressure as D&O underwriting tightens amid insolvency wave Insurance Business Read the original article here
Private firms under pressure as D&O underwriting tightens amid insolvency wave Insurance Business Read the original article here
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Bally’s Corporation has arranged $1.1 billion in new loan commitments, setting the stage for debt refinancing and providing support for major development projects, including its pursuit of a full commercial casino license in New York. The package, backed by Ares Management Credit funds, King Street Capital Management, and TPG Credit, replaces a prior commitment agreement…
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The government will grant a pension of 1,700 euros per month and offer other tax relief to the victims and relatives of the 2017 floods in western Attica and the 2018 wildfires in Mati, the Finance Ministry announced Tuesday. In the case of wildfire victims, beneficiaries are the relatives of those who died as…
UFC President Dana White faces intense scrutiny over a massive gambling debt. Reports indicate he owes between $25 million and $50 million to Red Rock Resorts. The story was first reported by Casino.org in September. Sources close to the situation tell The Hollywood Reporter the figure is near $30 million. This situation is uniquely complicated.…
One of Victoria, Australia’s most high-profile cases of white-collar crime has finally drawn to a close. Former accountant Andrew Marshall has been sentenced to six years and five months imprisonment for stealing over AUD 4 million ($2.66 million) from clients to support his escalating gambling addiction. The County Court of Victoria delivered its judgment this…
Posted on: December 9, 2025, 06:07h. Last updated on: December 9, 2025, 06:07h. Property tycoon loses appeal to reclaim major Betfair gambling losses. Court rules Betfair not liable despite high-volume betting activity. Evidence showed gambler concealed issues and insisted he could afford losses. A UK property tycoon who lost £1.5 million (US$2 million) wagering soccer…
Macroeconomic conditions have improved in 2025, with a more stable exchange rate and easing inflation. Growth is projected at 4.2% over the year, driven by tourism, transport, and steady expansion in energy, mining, and manufacturing. Growing external demand has boosted exports, offsetting impacts from fiscal tightening. Headline consumer price inflation averaged 8.5% over the first…