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Watchmakers and auction houses enjoy uptick in Gen Z buyers; commemorative watches fund restoration projects; tennis stars invest in luxury watch brands; jewellers boost brand awareness through high-profile trophy-making; and an interview with Chaumet’s new chief executive
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Norqain’s other co-founder is former NHL ice-hockey star Mark Streit who, like Wawrinka, is also Swiss....
...It is the second big transaction by a private capital-backed firm to take on long-term life insurance business that has failed in recent months....
...By 2017, she had risen to the company’s board of directors, and in 2019 she joined Hybe as chief branding officer....
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...In addition to taking on life insurance premiums through reinsurance agreements with primary insurers, it plans to offer outsourced investment management to insurers looking for expertise in private assets...
...The Chinese insurer sold 5.65mn HSBC shares earlier this week for about HK$391mn, according to regulatory filings....
...But a less-followed risk is adding to unease at companies offering life and health insurance: scientists’ warnings, and research findings, that a warming climate is causing an increasing number of excess...
...The Oversea-Chinese Banking Corporation, Singapore’s second-largest lender, has made an offer to fully acquire its life insurance subsidiary Great Eastern Holdings....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...Importantly, FCI I never participated in the origination of any life insurance policy....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Lorenz goes big on vintage cars as period detail, to keep company the fistful of Irish tropes....
...After three weeks feasting on Michael Palin In Nigeria on Channel 5, Janan Ganesh’s column “How Michelin stars explain the world” (Opinion, Life & Arts, FT Weekend, May 4), which also gave the thumbs up...
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...It still makes you duck. ★★★★☆ In UK cinemas from April 5...
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Sometimes sacrificing clarity and logic, the faster Études often ramp up the pace, either with passion (the “Revolutionary”, Op 10 No 12), grace (“Black Keys”, Op 10 No 5) or an extra dash of urgency (“Double...
...Its underwriting profit reached £5.9bn, up from £2.6bn....
...In recent months, the star power of one basketball player has sold out stadiums across the US, driven record television ratings and sparked countless conversations about a new era of fandom....
...Converse cotton canvas Chuck Taylor All Star sneakers, £60 Collina Strada silk dress, POA. Ferrari transparent-nylon pencil skirt, €690 Prada silk gazar and technical voile dress, £5,100....
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