Sentences with phrase «of bond insurance»

The first is the collapse of the bond insurance firms.
I say the Feds should backstop the current policies and stop the «business» of bond insurance.
Neither the preliminary rating opinion letter nor the credit ratings should reflect the use of bond insurance or other credit enhancement that does not also secure the TIFIA credit instrument.

Not exact matches

She ticks off her startup expenses: «You need significant amounts of insurance, there are dealer licensing provisions, and you've got to get your bonds secured, refit the building and invest in inventory.»
There are often several types of licenses — auction dealers, new - car dealers, used - car dealers and salesperson licenses — but for any type of car dealer's license, you typically need a physical location and signage for your business, a surety bond and insurance.
His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.
Bond & Specialty Insurance — Bond & Specialty Insurance provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services to its customers in the United States and certain specialty insurance products in Canada, the United Kingdom, the Republic of Ireland and Brazil, utilizing various degrees of financially - based underwriting apInsuranceBond & Specialty Insurance provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services to its customers in the United States and certain specialty insurance products in Canada, the United Kingdom, the Republic of Ireland and Brazil, utilizing various degrees of financially - based underwriting apInsurance provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services to its customers in the United States and certain specialty insurance products in Canada, the United Kingdom, the Republic of Ireland and Brazil, utilizing various degrees of financially - based underwriting apinsurance products in Canada, the United Kingdom, the Republic of Ireland and Brazil, utilizing various degrees of financially - based underwriting approaches.
For Business Insurance and Bond & Specialty Insurance, retention is the amount of premium available for renewal that was retained, excluding rate and exposure changes.
As a result, risky asset classes such as equities and commodities will be assigned much higher reserve requirements than bonds, which is why some insurance industry players are already dumping equities to hold a greater proportion of bonds.
According to the Global Market Strategy team at JP Morgan, pension funds and insurance companies in the G4 - United States, euro zone, Japan and Britain - will buy at least $ 640 billion of bonds this year.
Two companies that guaranteed payments on Detroit bonds, Syncora Guarantee Inc and Financial Guaranty Insurance Co, received options to develop parcels of land.
«Once a year I sit down with my banker, my attorney, and representatives of my bonding company and my insurance company for a «state - of - the - state» analysis of our company.
The agency, created in 1946 to build houses for veterans of the Second World War, liked to describe itself as the «heart of housing» — an enormous Crown corporation that dominated the mortgage insurance market, guaranteed complex, bond - like assets called mortgage - backed securities, and subsidized the building and upkeep of First Nations and social housing.
the stated value of an investment at maturity; includes bonds, life insurance policies, bank notes, currency, some stocks, and other securities; typically $ 1,000 for a corporate bond
Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.
Bloomberg also said that fund manager Bill Gross raised the amount of insurance the fund provides on sovereign debt and invested $ 1.3 billion into Italian Treasury bonds linked to inflation.
But there are 2 factors to consider in the muni market: First, banks and insurance companies held 28 % of the municipal bonds on the market as of the second quarter of 2017.
Climate Bonds Initiative's mission is to grow capital into climate solutions by promoting green bonds to investors, primarily pension and insurance funds filled with trillions of dollars of investment - ready capBonds Initiative's mission is to grow capital into climate solutions by promoting green bonds to investors, primarily pension and insurance funds filled with trillions of dollars of investment - ready capbonds to investors, primarily pension and insurance funds filled with trillions of dollars of investment - ready capital.
And instead of printing new treasury bonds to give away in exchange for these bad mortgages it would have established simply a line of credit which at first would have been the same thing but the credit would have been repaid not only by the banks that borrowed but by all the banks in the country paying insurance — essentially bank insurance.
Nobody is going to give us $ 5,000 because on a teeny little base, suppose we got 10 people to say, «gee, this is great, we'll ensure 10 billion dollars worth of bonds,» we'd end up with $ 50,000, and then the bonds would go under and people would come to us for insurance.
Two companies that guaranteed payments on Detroit bonds and were the last major holdout creditors in the case, Syncora Guarantee Inc [SYCRFS.UL] and Financial Guaranty Insurance Co [FGIC.UL], received options to develop parcels of land.
Well, the banks now, if they're buying a bond of Greece or somewhere else, all of a sudden they have to pay huge risk insurance premiums in order to protect themselves against the fact that Greece may simply say, «Look.
10 percent cash 50 percent investing (60/40 mix of equities / bonds with 15 percent in tax - free ROTH IRA) 25 percent real estate (our downsized retirement home is free of any mortgage) 15 percent life insurance (Vanguard variable annuity — no eating dog food in our dotage)
«Our business is not about selling a stock, a bond, a mutual fund and insurance,» says David Lane, managing principal of the investment firm Edward Jones Canada.
One of the reasons that people have been willing to buy Greek bonds is they bought credit insurance.
It did this by allowing banks, investment banks, and insurance companies to deduct half of the lender's interest income in computing their own corporate taxes for loans or structured bonds to corporations to access credit to finance ESOPs for broad groups of employees.
Property and casualty insurance companies invest a substantial percentage of book value and policyholder «float,» which is money they hold until policy claims are paid out but do not own, in investment - grade bonds, particularly corporate bonds.
Portfolio insurance should focus on the risk of a sharp rise in bond yields that results in a decline in the valuation of broad assets.
Finally, some brokerages ensure the safety of traders» funds through fidelity bonds placed with insurance companies.
And if the fiscal problem becomes unstable — more deficit to finance than security markets will allow, the Fed will obey its political masters and finance the deficit by a hyper - inflation, or hyper - tax, as a burgeoning inflation simply taxes all fixed dollar wealth — bonds, dollars, life insurance values, etc. — by the rate of price level increase.
Bloomberg reports that the cost of insurance on Mexico's bonds has surged, an indication that the markets are losing a bit of confidence in the creditworthiness of Mexican debt.
As you are all no doubt aware, there has been quite a lot of discussion in recent weeks about the mortgage insurance and bond insurance sector.
At that point, bonds of the holding company would suffer further, because the insurance commissioners will carefully watch any dividending up to the AIG holding company.
That is why it is advisable to go for insured municipal bonds so that the insurance firm or company will be responsible for payment of your interest and principal if the municipal fails to pay up.
RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.
Those increases have drawn the notice of institutional investors, such as pension funds and insurance companies, which have turned to real estate as low interest rates have reduced returns from other steady investments, such as bonds.
Examples of will substitutes include: life insurance, retirement accounts, annuities, custodial accounts, trusts, government savings bonds, property held by joint tenancy, property transferred by deeds of title or gifts, and payable - on - death or transfer - on - death accounts.
Lower corporate tax rates reduce the tax - exempt appeal of muni bonds to banks and insurance companies, which had been significant buyers.
Note that stocks and Treasury bonds differ in investment objectives, costs and expenses, liquidity, safety, guarantees or insurance, fluctuation of principal or return, and tax features.
The insurance companies have promised to make timely interest and principal payments on any bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.
Even more unusual, most of this money is not in bonds or stock in other peoples» companies but is invested directly in church - owned, for - profit concerns, the largest of which are in agribusiness, media, insurance, travel and real estate.
This bill would provide up to 12 weeks of disability benefit payments through the state's mandatory disability insurance system to non-disabled employees for the purposes of continuous or intermittent child bonding and caring for ill family members.
To ensure that MWBEs have the opportunity to earn their fair share of the state's business, Governor Cuomo directed state agencies to double the current MWBE participation goal from 10 to 20 percent, ease bonding restrictions that they will face, and expand the Owner - Controlled Insurance Program model to improve opportunities for small businesses.
To ensure that MWBE's have the opportunity to earn their fair share of the State's business, Governor Cuomo directed State agencies to double the current MWBE participation goal from 10 to 20 percent and ease bonding restrictions that they will face and expand the Owner - Controlled Insurance Program model to expand opportunities for small businesses.
While Latimer, 62, said he would entertain supporting the maintenance to the state's infrastructure through bond issuance, Killian pointed to the elimination of New York state's Scaffold Law — which establishes contractors» «absolute liability» for elevation - related injuries and contributes to costly insurance rates in addition to lawsuits — as a major point for reform.
HCR's Housing Finance Agency provided $ 8.3 million through tax exempt bonds, a $ 2.9 million Medicaid Redesign Team loan, and mortgage insurance through the State of New York Mortgage Agency; $ 1.5 million loan from OTDA's Homeless Housing Assistance Program; $ 1 million loan from the Federal Home Loan Bank of New York; about $ 5 million in Low Income Housing Tax Credit equity; $ 1.9 million in estimated New York State Historic Tax Credit equity and about $ 2.9 million in Federal Historic Tax Credit equity.
Tagged with: bond insurance League of Wisconsin Municipalities National League of Cities Sun Prairie
Skelos also sought to aid his son in helping him procure title insurance work related to the refinancing of hundreds of millions of dollars worth of bonds for an unnamed Long Island Hospital system, a refinancing that required the approval of the Nassau County Industrial Development Agency, a public authority.
So the National League of Cities is asking the federal government for $ 5 billion to create a public company to provide bond insurance.
Using green bonds and modified insurance portfolios If the top financial layer includes big institutional investors and banks, then a second tier of untapped finance lies with insurance companies extending policies to the most vulnerable populations in the developing world.
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