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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....
...An artist whose work I would collect if I could is Maxfield Parrish, an American painter who worked in the first half of the 20th century....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
..., The Row and on the high street at Cos....
...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....
...Bhalla is set to depart as chief executive of American Equity Investment Life when its $4bn sale to Brookfield Reinsurance closes in the coming days. The deal clinched him a $55mn bonus....
...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...
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...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....
...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....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Better policy co-ordination may be necessary. But there are also questions for central banking....
...The sector faces political and ESG challenges Pension funds, insurance companies and other investors in private equity groups are pressing them to invest in the energy transition amid heightened environmental...
...Berkshire is the last great American conglomerate, with hundreds of subsidiaries fused with the backbone of the US economy. Its freight trains run over more than 32,000 miles of track....
...Blackstone has appointed Philip Sherrill as global head of insurance. He previously worked for Global Atlantic Financial Group as chief strategy officer....
...Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...The same goes for the perks used to justify the high annual membership fees on these kinds of cards, such as entrance to airport lounges, travel insurance policies and so on....
...The Banking Policy Institute said that it would have “real costs for everyday Americans”....
...For example, a future Trump administration could discard the aces of alliances and international institutions or severely restrict immigration....
...Though the activist urged Flake to “be an American hero” and “save my life”, ultimately the senator voted in favour of the bill....
...Combs’ background is insurance; the 53-year-old got his start at Progressive....
...It’s a huge, rich portfolio of mostly American equity assets....
...So far 50mn Americans have insurance coverage for Wegovy and last month the FDA approved its use to cut cardiovascular risks in obese and overweight patients....
...Putin describes the war not as against Ukraine, but as against Nato and American global hegemony....
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