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...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....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...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....
...More than a third of US bridge spans need significant repairs and should be replaced, according to the American Road & Transportation Builders Association....
...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....
...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
...The top companies by revenue included some of the US’s most recognisable names — including Amazon, Google’s owner Alphabet, Pfizer, and Tesla but also several lesser known businesses, such as IT company...
...company....
...One reason auto insurance can make such a big impact on inflation is, to put it simply, there are way more car owners in the US than there are homeowners in disaster-stricken California, Louisiana and Florida...
...That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world....
...The paper teetered on through several new owners....
...A group of American unions ended its campaign for board seats at Starbucks after progress on collective bargaining agreements for the company’s workers....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...Car insurance tech group CheChe raised $22mn on the Nasdaq in September, in one of the first overseas listings of a mainland Chinese company since the CSRC implemented new rules on foreign share issuance...
...The arrival of multinationals such as Hapag-Lloyd and TK Elevator, which both moved their North American headquarters to Atlanta in 2022, along with film and TV production companies lured by tax breaks,...
...The company has also been trying to break into the US market, via its American business Decluttr, and sells products through ecommerce websites such as eBay and Amazon....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
...But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology, The New York Times writes....
...The ultimate owners of these savings are the rich households that, directly or indirectly, hold shares in such companies....
...Neil Roberts, head of marine insurance at the Lloyd’s Market Association, said it still made economic sense at present for insurers, cargo owners, charterers and shipowners to continue shipments....
...Zim, the New-York listed Israeli cargo shipping company, said last week that it was rerouting some of its vessels and warned customers of longer transit times....
...Pocket money Americans are becoming more southern European than they realise, as about two-thirds of adults still get financial support from their parents, according to The Wall Street Journal....
...Today’s top stories The Financial Times revealed that TikTok’s US revenues hit $16bn last year, highlighting the scale of the video app’s American ambitions as its Chinese owner ByteDance — set to become...
...Chinese companies aren’t competing for as many American companies given rising tensions between Washington and Beijing, while high US interest rates have led to private equity firms pulling back on deals...
...He and other local activists say they will step up their campaign to halt LNG developments by not just opposing their planning and licensing but also targeting the banks, private equity and insurance companies...
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