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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....
...Co-founder and chief executive Cesar Carvalho described the revamp as an “important milestone” ahead of an expected stock market flotation....
...Jonsson took the idea of launching a European version back to his billionaire employers, the Wallenbergs. They were sceptical....
...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...
...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....
...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...
...Cuban is targeting the 38 per cent of private sector employers who self-insure at least one of their health plans....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Couples who live in US states that allow workers to claim unemployment insurance when they move for a spouse’s job are 40 per cent more likely to move....
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...Have rising insurance premiums become a de facto carbon levy for consumers? A Big Read looks at the spiralling cost of insuring against climate disasters....
...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....
...John Terzaken, global co-chair of the antitrust and trade regulation practice at US law firm Simpson Thacher & Bartlett, said many companies were moving away from strict non-competes partly because the political...
...In some places, such as Denver, the merged business would be the sole employer of unionised grocery workers, the FTC said....
...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....
...A tight labour market forces employers to hire black and Latino workers who otherwise face discrimination and brings real wage gains to employees, wrote economist Dean Baker, co-founder of the Center for...
...Rachel Maddow, one of MSNBC’s most popular presenters, on Monday called on her employer to cut ties with McDaniel....
...their supply chains, after having filed similar complaints with American labour officials last month....
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
...A second use of the money that I propose: people are very badly insured in poor countries; the insurance market has not really managed to penetrate....
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...The Co-op’s director of pensions Gary Dewin said its deal reduced the company’s exposure to future funding risks and helped strengthen the Co-op “for the benefit of our members”....
...Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...David Risinger, a Leerink analyst, said in a note on Wednesday that the company had designed its pricing to encourage coverage in employers’ health insurance plans....
...The same goes for the perks used to justify the high annual membership fees on these kinds of cards, such as entrance to airport lounges, travel insurance policies and so on....
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