Hints and tips:
...An individual should have a right to know when they are interacting with an AI machine, not a human....
...Alibaba-backed Megvii put plans to raise as much as $1bn in an IPO on ice this month. WeDoctor, which has a tie-up with insurer AIA, is the first healthtech company to wobble....
...They expect the health insurance market to get an additional boost from pending reforms to make such purchases tax deductible for companies and individuals, as in the US....
...We do not believe the upside will come from the US but Pru’s Asian business should trade at the same multiple as AIA (14.1x 2021E Bloomberg consensus) if it is separately listed. 4% beat to operating profit...
...Take, for an example, the annual investment allowance. When I started in business some 21 years ago, the AIA was simply 40 per cent of investments in their first year....
...As an ecommerce platform for individuals and small businesses to sell their goods, Sendo has benefited from strong annual online sales growth of 30 per cent in Vietnam in recent years....
...If you look at the issue using data from Lex Machina that charts lawsuits based on individual defendants — the best way to compare figures before and after the AIA — you realise that the number of patent...
...He also returned last year to an AIG that had become a selling company. Since the crisis business units from AIA, the Asia operation, to a company ski resort in Stowe Mountain have been jettisoned....
...Hong Kong-listed AIA trades at 18 times forward earnings. Besides, the group’s interest in annuities already feels halfhearted. It no longer sells individual annuities or large corporate scheme deals....
...Cover provided by employers, known as group life, has held up, but most of the US population no longer have individual policies....
...An AIA policy costs 30 per cent less than an equivalent plan offered by Ping’an Life Insurance while covering more than twice as many illnesses....
...Tony Wilkey, a former AIA executive, now runs the group’s Asia powerhouse....
...Chen Yuhua, a Hangzhou-based life insurance broker specialising in Hong Kong products, says she queued for seven hours last March at AIA’s office in the territory to sign an insurance contract....
...Following a class act is always an unenviable task....
...L&G has written to the ABI’s director-general Otto Thoresen highlighting that over the years it has become more of an asset and pension fund manager than an insurance company and pointing out the trade body...
...The other is that individuals – particularly chief executives – are themselves critical to deciding that future....
...Sales of individual annuities, which convert savings pots into guaranteed income, have dropped after the chancellor set out plans to scrap an effective requirement for pensioners to buy them....
...There is nothing quite like the prospect of “efficiency gains” to persuade shareholders that an ambitious takeover is worth doing....
...Separately, Aviva rival RSA has hired another senior manager from Zurich as the insurer tries to recover from an accounting scandal in Ireland....
...He also wants to know what dialogue took place with individual firms or other market participants before the clarification was issued; to what extent a “false” market in shares was present during early trading...
...The individuals involved claimed ignorance, said ‘sorry’ and reached a settlement with the UK regulator....
...But what if you bought individual chocolates rather than the box? Replicating the Pru’s portfolio with specialist businesses is possible. For exposure to Asia, the obvious choice is AIA....
...However, it never details the individual assets that were sold or marked up in a way that could help investors judge whether such things are repeatable....
...Paul Manduca, who replaced Harvey McGrath as Pru chairman after the AIA debacle, said that with hindsight the group regretted failing to inform the FSA about the planned bid at an earlier stage and had agreed...
...Hong Kong would lose the biggest and brightest listing it has had the opportunity to secure since insurance group AIA, while the exchange itself would miss a highly lucrative client....
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