Talbot Underwriting Ltd is spreading its footprint of financial lines business in Australia. Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings Ltd, has appointed David McKenzie and David Jones as class underwriters at its financial lines team.
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The data released in a report by the European Central Bank on Friday saw the hesitation of financial institutions in extending credit to households and businesses despite the economic recovery of the Euro Zone.
Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.
