Buffett has a Chubb-y? Greenberg-connected Insurance Company Insured Francis Scott Key Bridge
Buffett has a Chubb-y? Greenberg-connected Insurance Company Insured Francis Scott Key Bridge
Singaporean Connections Again to The Bridge
This is an ongoing story and analysis….but the crumbs are interesting.
First, why did Warren Buffett get the liberty to hide his amassing nearly 26,000,000 plus shares ($6.5 billion) on the sly? (From 2023 on….by the SEC…in CHUBB Insurance?)
CHUBB is now going pay out $350M to State of Maryland for the Francis Scott Key Bridge - reportedly very quickly. Why? There is an ongoing investigation (evidently) by the FBI and the holding of the crew (for optics of the Bidens to use politically?)
Buffett conveniently backstopped Goldman Sachs in 2008 with $5 Billion. This time it appears a move to shore up (and profit off) an insurance behemoth. Nothing more???
CNBC’s Berkshire (Buffett) Tracker
Tindall Riley insures MV Dali. Insurer Chubb is close by and is headed by Evan Greenberg - the son of former AIG CEO and C.V. Starr’s current Chairman, Maurice Greenberg. CHUBB & Starr Insurance are located in the same building in Singapore.
Starr was heavily connected to Hunter Biden’s laptop through X. Rick Niu, who is the chief and CCP-connected underling of Starr & the Starr Foundation (who hosted Henry Kissinger in 2022). Notable: First Wall Street Capital moved very recently from 399 to 101 Park Avenue. Rick knows Glenn Myles (Facebook friends) well. Magnolia was funded by FWSC. This was noted in documents sent to Hunter (below).
EDIT (5/18/24): Hunter’s 2017 Deal People for CEFC partnership (Tony Bobulinski & James Gilliar) discussing Rick Niu & Hank Greenberg & Singapore and others met along the way.
(Marco Polo provided the receipts in their detailed book.)
Hunter Biden and Devon Archer were well aware of Starr & AIG as Boies, Schiller & Flexner (Hunter’s law firm from 2009-14) represented as lead counsel both entities.
This as Hunter was pitching Boies to Ukraine’s Burisma lead spokesmen, Vadim Pozharskyi <v.pozharskyi.ukraine@gmail.com>. To quote:
Starr International Company, Inc. v. United States: BSF serves as lead counsel for a class of AIG shareholders suing the Government for tens of billions of dollars in damages.…
Hank Greenberg / AIG: Since March 2005, the Firm has acted as lead counsel to Hank Greenberg and the Starr Companies in connection with their separation from AIG, following allegations of misconduct leveled by then-New York Attorney General Eliot Spitzer…BSF also represented Mr. Greenberg in connection with congressional and other investigations resulting from AIG’s collapse in 2008.
Hunter’s affiliation with X. Rick Niu could go back to at least 2014 with this information. Rick’s boss, Maurice “Hank” Greenberg, was honored in 2018 by Xi Jinping with “Friendship Medal for Contribution to China’s Reform,” among only 10 foreigners who have been so honored.
This is key given all the later emails received directly from 2017-19 by Hunter from Rick.
Singapore is a busy place for LNG, Shipping & Insurance & Finance.
From: https://www.cgccusa.org/en/
(Greenberg & Traurig are NOT connected to Evan or Hank Greenberg.)
LNG Ownership out of Singapore
Traurig did a 6-lawyer POA with Glenfarne Group to create an Sponsor LLC. EnfraGen LLC (Glenfarne subsidiary) was financed by Sumitomo Mitsui, Natixis and Apollo Global in July 2018 with $700M. This aligned with CEFC JaiQi Bao email in early 2018 sent to Hunter, regarding Natixis. EnfraGen was formed in November 2017 during the height (and rapid fall) of Hunter CEFC deal vetting.
Switzerland: Home to Chubb Insurance and Glenfarne’s Financial Partner for EnfraGen & Customer for Trading in Gunvor.
Outstanding series, Jason. TYVM for all you do!