Hints and tips:
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Ulbrich is a controversial figure, who has claimed that the American billionaire Bill Gates wanted to use vaccination to reduce the population of Germany to 27mn people — a claim that a spokesman for his...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...Travel spending by big US companies was “well over 50 per cent” of pre-pandemic levels in March, the chief financial officer of American Express told the FT last week....
...“It was pretty clear that Hank wasn’t going to retire, so if you really want to run your own insurance company, you had to go somewhere else, and they both did,” Cunningham told the FT....
...The national insurance rise had already gone through. It had been passed as a health and social care levy, which people broadly bought into at the time....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Three North American companies are setting up a rare earths supply chain to reduce dependence on China for the vital metals used in weapons, electric vehicles and other advanced technology....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...American bank fees from initial public offerings, follow-on share sales and convertible bonds issued by Chinese companies are up about 24 per cent from a year ago at $414m, according to data from Refinitiv...
...in offering insurance policyholders rebates for their parked cars....
...Major insurance providers, including Berkshire Hathaway and Aon, have begun to offer coverage to American companies in the legal marijuana industry, which had long been off-limits due to regulatory or reputational...
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...The money will be used to help the company, which provides cycle insurance, to expand from the UK into the Netherlands. The funding brings the total raised to date to $6.4m....
...Here’s Peel Hunt on RSA Insurance: We view the recent sell off in the share price as having been overdone....
...North American business.”...
...• Funds flow to equities relative to bonds has never held up this well (given performance and low bullish sentiment) because: i) bonds risk no longer diversifying, and ii) pension/insurance companies’...
...Both also have general insurance arms that face UK flood claims. General insurers Admiral and Direct Line also report this week....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
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