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Showing results for Allstate Insurance Company, an Illinois Corporation
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...Speaking to the Financial Times following the Illinois verdict, Licht did not confirm or deny that the company was exploring a sale again. “Who is going to want to buy an infant formula business?”...
...The company agreed last month to acquire Kuvare Asset Management for $750mn, extending its reach into the life insurance sector, a market coveted by many private investment groups....
...The former US president’s team has spent “countless hours negotiating with one of the largest insurance companies in the world”, the lawyers wrote in a filing, citing a broker they hired, but have concluded...
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...Allstate’s holding company just caught its second credit downgrade to BBB+, three tiers above junk, this time from S&P Ratings....
...The loans are not just feeding Apollo’s wholly owned insurance operation, Athene....
...Fitch downgraded Allstate’s holding-company credit to BBB+ from A- earlier this year, citing “sharp underwriting result deterioration”....
...The Oversea-Chinese Banking Corporation, Singapore’s second-largest lender, has made an offer to fully acquire its life insurance subsidiary Great Eastern Holdings....
...Blackstone’s credit and insurance division will buy the US credit card receivables from Barclays for an undisclosed sum, and the bank will continue to service the accounts for a fee....
...A deal would give Boehly’s Eldridge Industries a foothold in the fast-growing market for lending to private European companies, building on its investments spanning insurance, asset management, technology...
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...The board of the Federal Deposit Insurance Corporation on Thursday was scheduled to vote on the proposals, one from Republican member Jonathan McKernan and the other from Rohit Chopra, a Democrat....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...But the roughly 300 experts from banks, insurance companies and corporations surveyed by the institute judged the current economic situation to be poor, with an index reading of minus 80.5...
...California last month struck a deal with insurance companies to continue writing policies for property in disaster-prone areas, after big US names such as State Farm and Allstate stopped issuing any new...
...the chair of the Federal Deposit Insurance Corporation has warned....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...Are hailstones getting bigger, one equity analyst recently asked an executive at Travelers....
...You’re making an uncomfortably large down payment because interest rates are high. Before you drive away, you just need to sort out insurance. Normally this is an afterthought. But not this year....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...The company said the head of its insurance operations, Gilles Dellaert, would lead the combined unit....
...But then we remembered that May’s increase in car-insurance costs was larger after its seasonal adjustment; up 2 per cent, compared to an unadjusted 1.7-per-cent increase....
...Lloyd’s said the agreement with Chinese insurance company Ping An, which has owned the building for a decade, will allow it to continue its renovation of workspaces and make further refurbishments, including...
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