Hints and tips:
...With the season ending up a mild one, the decision helped propel the insurance business to one of the best underwriting profits in its history....
...All these services were billed to the Italian taxpayer through the country’s centrally funded yet regionally administered health service, which distributes an annual budget of billions of euros — an unrivalled...
...A 2017 study of stock market returns concluded that Apple had generated more profit for investors than any other American company in the 20th century....
...Until now, the big US tech companies have mainly steered clear of the industry, put off by the potentially heavy regulation and capital requirements that insurance attracts....
...A good chunk of the alternative lending goes through mortgage investment corporations — private, provincially-registered vehicles selling shares to the public to buy pools of mostly short-term home loans...
...In the past satellites could only be built and launched by multibillion-dollar companies like Boeing, Lockheed Martin — one of the world’s biggest defence contractors — and Orbital Sciences Corporation....
...Mr Dachille said that AIG’s residential portfolio had been “limited” in large part because it had already been exposed to the housing market through its mortgage insurance business, United Guaranty Corporation...
...He argues it will be a long time before robots begin to replace human jobs in the service or construction sector....
...services rendered....
...Apollo, the private equity group founded by Leon Black, has nurtured an insurance group that has added tens of billions of dollars in permanent capital....
...The insurance industry doesn’t realise how their industry is being restructured by insurance-linked securities.”...
...the Delaware General Corporation Law....
...Only one other lender has recently applied for FDIC insurance: the Community Bank of American Samoa....
...There were 96,341 branches in the US on June 30, down from 97,340 a year earlier, marking the fourth consecutive yearly drop, according to the Federal Deposit Insurance Corporation’s Summary of Deposits....
...Sophisticated debt instruments allowed corporations to hedge risk much more efficiently....
...Bluebird, which offers prepaid cards, is now eligible for insurance provided by the Federal Deposit Insurance Corporation, allowing card holders to receive Social Security cheques, tax refunds, government...
...That would be equal to the excess capital of Prudential’s US insurance arm at the end of 2011. By comparison, MetLife ended 2011 with $3.5bn and Principal Financial held $1.6bn....
...The Office of Comptroller of the Currency and the Federal Deposit Insurance Corporation have both criticised the Fed’s rule, while Ben Bernanke, chairman of the central bank, has acknowledged problems but...
...The Kuwait Investment Authority, for example, was committed to buy a HK$7.8bn stake in the listing last month of AIA, the Asian arm of US insurance group AIG....
...The Federal Deposit Insurance Corporation says 17m or 7.7 per cent of US households are unbanked and 18 per cent are underbanked, relying on prepaid debit cards or non-bank loans....
...This comprised a $15.5bn deal to divest its American Life Insurance to MetLife and another that would see UK insurer Prudential buy AIG’s Asian operations for $35.5bn....
...The WaMu situation was exacerbated by a fierce turf war raging between the OTS and the Federal Deposit Insurance Corporation (FDIC) in the frenzied weeks before WaMu’s seizure, according to dozens of e-mails...
...So, every Friday, the staff of the Federal Deposit Insurance Corporation prepare the last rites, to be administered before Monday’s opening of the markets....
...In unusually pointed criticism, Sheila Bair, chairman of the Federal Deposit Insurance Corporation, told the Financial Crisis Inquiry Commission that “much of the crisis may have been prevented” had the...
...But the alternative of an upfront insurance scheme has been rejected by the administration and Mr Frank as also tapping banks for cash at the wrong time – i.e. now – and creating a moral hazard – a pot of...
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