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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....
...The Australian businessman’s company Greensill Capital, which counted former UK prime minister David Cameron as an adviser, collapsed in 2021 after failing to renew its insurance cover....
...Greensill, which was founded by Australian financier Lex Greensill and counted former UK prime minister David Cameron as an adviser, collapsed in 2021 after failing to secure new insurance cover for the...
...Joachim Kühne, a lawyer working for Greensill Bank’s German administrator, told the Financial Times that the administrator was assessing IAG’s allegations....
...Signa Development creditors have also formally petitioned for an independent administrator to take control of the company....
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...The administrator for Greensill’s German banking unit is pursuing payment through the court for insurance on soured loans....
...The latter two are considered “core services”, because rent costs can be sticky and Americans don’t necessarily pay increases in owners’ equivalent rent in real time....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...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....
...The Ulez charge has come alongside rising premiums for car insurance and higher petrol and diesel costs....
...tax insurance at Ryan Transactional Risk....
...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...
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...Some users of Medicare, the US government-funded insurance programme for seniors, will be able to access weight-loss drugs if they suffer from certain conditions such as cardiovascular disease, officials...
...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....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...One speaker quite rightly pointed out the six-figure salaries being pulled in by white-collar administrators in schools that charge working-class kids too much for too little....
...On Thursday, Signa Holding’s administrator said just €250mn of the more than €5bn of debt owed by the company was secured against tangible assets....
...Making space for a dog, according to Tomlinson, is one of the main factors motivating first-time American homebuyers....
...But in its latest court filing in Sydney this week, responding to one claim from the administrators for Greensill Bank, IAG named Tokio Marine and Marsh among “concurrent wrongdoers” that should share in...
...“Trump is actually popular,” said Federico Rosario, 40, a father of three, who works in insurance sales. “If you ask me, the country was better when Trump was [in the White House].”...
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...Adeel Khan, global head of markets, sold more than £4mn in shares last Monday via Solium Capital UK, administrator of Barclays’ nominee service....
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