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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...These types of asset-backed debts have become hotly coveted in the private capital industry as large managers such as Brookfield, Apollo Global and KKR manage insurance-based investment assets, generating...
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...most of the rise in transportation-services costs: car insurance!...
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...power, access, capability, control in the hands of TikTok’s parent in [the] Chinese government, and ultimately in the Chinese intelligence service,” Wray told NBC television on Tuesday....
...Internet service providers would be compelled to block access to TikTok on the web....
...Ellesheva Kissin is a reporter at Banking Risk and Regulation, a service from FT Specialist...
...Fink said at the time that the debate references were “a sad commentary on the state of American politics”....
Case studies in best practice among general counsel and company legal teams in North America
...US equities, ETFs, American depositary receipts and several other instruments are included in this change....
...guidance from the Centers for Medicare and Medicaid Services (CMS)....
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...In some cases, brokers say, companies have been able to buy insurance to cover more than $1bn of tax payments in the event they lose a dispute with the US Internal Revenue Service....
...Big private equity-cum-asset managers buy insurance companies (see also: Apollo/Athene, Brookfield/American Equity) not to cross-sell, but to gain a source of stable capital....
...In its mid-year report, PwC found that volumes for US health services deals were 4 per cent lower than in 2022....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...Mexico has benefited from “nearshoring” for decades, hosting European and American automotive plants. This has not led to the emergence of a single Mexican automobile manufacturer....
...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
Trends in geopolitics force faster responses from legal teams
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