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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....
...Last year’s $6bn sale of the Washington Commanders to former Apollo Global Management co-founder Josh Harris set a record for most expensive sports team sale ever....
...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”....
...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....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...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....
...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...
...Myers Squibb is working on contingency plans to “protect the continuity of supply” of medicine in preparation for draft US legislation seeking to restrict Chinese pharmaceutical companies over national security...
...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...
...The commercial agreement represents “a starting place to define the contours of the government-to-government co-operation and partnerships”, said a person familiar with the UAE’s thinking....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...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....
...Putin and Tchiani spoke by phone last month, with a Kremlin readout saying they discussed a plan to “develop mutually beneficial co-operation in various spheres”, and to co-ordinate “security and counterterrorism...
...Pinned to the entryway was an American flag and taped to the security glass by the register was a handwritten sign that read: “It is haram to buy from thiefs.”...
...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...
...“strengthening security co-operation”....
...American companies so that they can pay for their coke....
...However, since Putin’s departure is likely to still be years away, the principle of “wish for peace, prepare for war” is a costly but necessary insurance for Europe’s fragile security....
...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....
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