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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....
...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....
...Florida has long been a magnet for “snowbirds” — Americans flying south for the winter....
...The relationship with Anglo American follows a similar topsy-turvy trajectory....
...Robinson was born in Atlanta in 1935, a scion of a prominent southern banking family....
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...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...
...How poisonous is Anglo American’s ‘poison pill’, really?...
...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....
...The insurance sector is expecting a hefty bill....
...The festival’s Ghana-born, New York-based co-founder is Colin Asare-Appiah, the co-author of Black Mixcellence, a book that highlights the oft-unacknowledged role played by African-American bartenders in...
...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....
...Subsiding into quiet sax pentatonics over simple cymbal strokes, it eased into the finale, “Tessera”, a delicious blend of fugue-like lines, warm tones and Southern soul beats. ★★★★☆ vortexjazz.co.uk...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...“It’s not like a northern American, northern European, neoliberal metropolis. It’s something completely other than that,” Gibson says....
...Baghdad has warned Washington it is prepared to end the co-operation that allows the US to keep a significant military presence in Iraq, over the repeated American air strikes against Iran-linked militants...
...The UN’s co-ordination agency said Israel had denied access for nearly one-third of aid missions to devastated northern Gaza since March 1, and 10 per cent of those to southern Gaza, where the population...
...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...
...Yuan Lixia, a 45-year-old migrant worker in the southern Hunan province, decided this year to withdraw from the main health insurance policy, which covered less than 40 per cent of a Rmb20,000 ($2,800) back...
...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....
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