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...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...JPMorgan Chase is aiming to recover millions of dollars from an insurance policy that protected the US bank against fraud after its botched $175mn acquisition of financial aid start-up Frank, according to...
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...That includes her appearances on TV entrepreneur shows such as ABC’s Shark Tank, BBC’s Dragons’ Den, and Roku’s Side Hustlers....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...The league’s current arrangement with Disney’s ESPN and Warner’s TNT allows for some games to be aired on ABC, Disney’s free-to-air broadcast network, and last autumn Warner began experimenting with simulcasting...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...But we got there in the end and here it is now, for your wintertime pleasure, and as a little insurance policy for us against losing this recipe again....
...from state-owned insurance companies....
Trends in geopolitics force faster responses from legal teams
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...“Health insurance is not my top priority.”...
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
...Bluey is made by independent company Ludo Studios and was originally funded by government film agencies before it was co-commissioned by the ABC and BBC Studios, the British broadcaster’s commercial arm....
...“We’re going to do what we have to do to protect shipping” he told ABC’s Good Morning America show on Sunday, adding that the US had “significant national security interests in the region”....
...Others ponying up to co-chair the event include sugar tycoon Pepe Fanjul, casino magnates Steve Wynn and Phil Ruffin, World Wrestling Entertainment co-founder Linda McMahon and conservative megadonors Robert...
Awards highlights include technology, skills, access to justice — and a special achievement award
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...This means that offloading liabilities, and the assets backing them, to insurance companies is becoming a viable option for more businesses....
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