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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...There is a philosophical debate to be had over whether insurers and related-party asset managers’ integration raises principal/agent conflicts....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...This could be covered with a life insurance policy for this period only, since a policy for a fixed term is generally cheaper than a whole-of-life policy....
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...The stock of China Life Insurance, the largest, has risen about a fifth in the past year to trade at 6.5 times forward earnings according to S&P Global....
...The director and principal architect of globally renowned firm Studio Mumbai – barefoot, dressed head-to-toe in navy blue – has a unique intensity....
...In inner London, rents have climbed 13 per cent in a year, according to Hamptons estate agents....
...The company might have hoped for a smoother ride: injuries to a number of principals, including Russian ballerina Olga Smirnova, forced casting shuffles....
...For some, the financial burden is being eased by employers who are increasingly offering funding for egg-freezing and IVF as part of their private health insurance benefits....
...Musicians saw their opportunity, too, with artists like Stevie Nicks and Shakira taking advantage of the bullish mood to sell their life’s work at eye-watering prices....
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
...For its part, Apollo notes that fresh investment in annuities and life insurance had been moribund for years — until it got involved....
...One would have required the couple to create a French company through which to purchase the home; another would have required them to buy life insurance and deposit a large amount of money into a euro bank...
..., according to the Life Insurance Market Research Association....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...Barclays’ strategists downplay the significance of the interim change for the life-insurance and CLO market as a whole....
...What will Medicare, US health insurance for those over 65, pay for? Pearl didn’t come cheap: without insurance, insulin pumps and supplies cost thousands of dollars....
...This hyper-techno-optimism consumes Luckey’s personal life too....
...An inquiry into the fire is ongoing but initially concluded that cladding was the “principal reason why the flames spread so rapidly”....
...Not being able to join my wife and friends on regular walking trips, play golf or walk the dog — my quality of life was being impacted on a daily basis,” he says....
...They mentioned needing assistance and quickly tapped Fitzgerald to flesh out their London life....
...The difference in price between the cheapest bond on the market and the one for which the insurance was purchased is not always huge....
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