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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...It’s not what we think of when we think of a company like, you know, some insurance company in some city or some factory or whatever....
...Zegna creates minimal suits and separates in high-performing technical fabrics woven at the company’s own mill....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Its history is in some ways similar to the fictional small lender in the classic 1940s film, It’s a Wonderful Life....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...About 95 per cent of customer deposits were over the $250,000 federal insurance cap....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Unhedged is produced by Jake Harper and edited by Bryant Urstatdt. Our executive producer is Jacob Goldstein. We had additional help from Topher Forhecz....
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Rubino believes insurance companies also stigmatise obesity. “For the longest time, the explanation of why it wasn’t covered was there wasn’t sufficient weight loss,” she says....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Chris Bryant, a Labour MP, compared Farage to Lord Haw-Haw, a pro-Hitler propagandist from the 1940s....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...“Practically all are made in America between the ’20s and ’50s, advertising mostly nightclubs but also clothing stores, insurance companies, garages…” he says....
...They are looking for a long-term, not temporary solution to their unsatisfactory life in China.”...
...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
...Food plant workers are not alone in their growing readiness to strike over quality-of-life issues, including working hours and job safety....
...So you have Suella Braverman coming out and saying people live the life of Riley, essentially....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...While theatre owners and companies welcomed the extra money ploughed into the sector, the Budget announcement did not address the lack of Covid-related insurance for big productions....
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