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American International Group Inc
AIG investors urged to oppose chief’s $50mn pay award
...AIG has undergone significant change during his tenure, with moves including last year’s initial public offering of its life insurance and retirement business, Corebridge....
April 26, 2023
Gillian Tett
Companies must rethink how they handle cyber risk
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
April 18, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
March 27, 2024
FT Magazine
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
...Thiel’s venture firm, Founders Fund, put in $400mn, its single largest cash investment into any company. General Catalyst eventually decided to invest, too, handing over $30mn in 2019....
March 28, 2024
InterviewPhilanthropy
Philanthropy adviser Leslie Ramos on how to get the rich to fund the arts
...It has also led to “general anxiety” within the arts sector regarding sources of funding and ensuring they are ethical, she adds....
January 2, 2024
Disrupted Times
Russia goes to the polls as carnage in Ukraine continues
...US President Joe Biden confirmed his opposition to the takeover of US Steel by Nippon Steel of Japan, arguing it was “vital” for the American steel company to remain “domestically owned and operated”....
March 15, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Moral Money
Esther Duflo: Rich world owes $500bn in ‘moral debt’ to poor countries Premium content
...keep using, which is the “value of a statistical life”....
April 22, 2024
Due Diligence
Goldman’s succession tea leaves Premium content
...But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology, The New York Times writes....
January 30, 2024
FT Magazine
A photographer’s journey to the eye of the storm
...They needed their own training, insurance and vital equipment....
April 4, 2024
Insurance
Anatomy of an AIG payday
...Here’s AIG’s relative total share return peer group: AIG says: Peers used for relative TSR performance metric applicable to PSUs granted in 2020 and 2021 reflected a combination of General Insurance, Life...
June 1, 2023
FT Magazine
The reopening of the American mind
...Many American colleges and universities run similar programmes. MIT, Stanford, Harvard and many more are famous for incubating world-changing companies, with or without a formal code name....
October 26, 2023
The Big Read
The dark side of the US sports betting boom
...life....
August 10, 2023
FT Magazine
No other investor has a life story quite as unbelievable as Li Lu
...Now 57, Li has been in the US for over half his life and an American citizen for nearly 30 years. He has described himself as both 100 per cent American and 100 per cent Chinese....
September 7, 2023
FT Magazine
The FT’s 25 most influential women of 2023
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
November 30, 2023
Leon Black
The downfall of Wall Street billionaire Leon Black
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
November 22, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Transcript
When is a tax cut not a tax cut? The Autumn Statement digested
...[MUSIC PLAYING] With a general election around the corner....
November 28, 2023
FT SeriesIcons only – the HTSI autumn arts special 2023
What happens when an arts icon dies?
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
September 22, 2023
FT Magazine
Prediction markets can tell the future. Why is the US so afraid of them?
...“It’s better to know, in life,” he told me. “It’s better to know, as a general principle.”...
November 10, 2023
American International Group Inc
AIG fires interim chief financial officer
...Turab Hussain, currently chief risk officer of general insurance, will be interim global chief actuary....
January 31, 2023
Banks
The US is not “over-banked”
...(At risk of stating the obvious, branch numbers don’t include bank headquarters, where Americans did most of their financial business in the days of It’s a Wonderful Life....
April 12, 2023
ETF Hub
Volatile markets increase appeal of ETFs with a buffer
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
April 24, 2023
Transcript
Transcript: What will work look like in 2024?
...I remember when the Supreme Court was just about to overturn the Roe v Wade abortion ruling in 2022. I spoke to the CEO of a large American business....
December 26, 2023
Leadership
Well, Bloomberg won our quiz. Could you have done better?
...[Celebs/Bosses] Doing The Knowledge [General Knowledge] 1....
November 3, 2023
LexJonathan Guthrie
The Lex Newsletter: scapegoating catches sheepish banks on the hoof Premium content
...The Canadian alternatives giant agreed to buy annuities group American Equity Investment Life for $4.3bn....
July 7, 2023
News in-depthUS presidential election 2024
‘I don’t know if he can beat Trump’: DeSantis feels pressure to make gains in Iowa
...And I felt life was pretty good under him,” said Hubert Maier, a 66-year-old retired mechanic and meter technician for an electrical company. “I like DeSantis, but he should have waited.”...
August 12, 2023

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