Hints and tips:
Related Special Reports
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...Recently, in co-operation with government, they have provided private security to guard railway lines targeted by criminal gangs. It is co-operation of a sort, but born of desperation....
...Several American military aircraft have arrived at Port-au-Prince airport in recent days, according to the US Southern Command, the Miami-based Pentagon headquarters for American forces in Latin America....
...The SEC has a mandate to regulate securities, not technology....
...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...
...One area of focus has been a reliance on securities such as collateralised loan obligations — packaged-up corporate debt — to back insurance liabilities....
...That job security is starting to fade as deals disappear, Bloomberg reveals....
...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...
...most rivals, which are stuck buying Treasuries, corporate bonds and asset-backed securities)....
...The loans are not just feeding Apollo’s wholly owned insurance operation, Athene....
...They can select new co-owners with an eye to their financial security, ensuring they will be able to meet the ongoing costs of maintaining the building....
...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....
...“This kind of climate always undermines the idea of real co-operation with the Americans in terms of counterterrorism....
...Trading battle High-tech trading firms such as Citadel Securities and Jane Street are vying to dominate the fixed-income market, Bloomberg reports....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...The South American oil and shrimp exporter, once a relatively peaceful country bordered by more violent neighbours, has been rattled by an unprecedented crime wave that has seen the murder rate soar in recent...
...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....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...The sharp rise in the levies comes amid mounting concern that China could flood the US market with cheap EVs, threatening the American car industry....
International Edition