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...Venture capital group Initialized Capital has added Parul Singh as a partner. She joins from Founder Collective....
...‘A company of builders’ Andrew Ruben, an analyst covering Latin American retail and ecommerce at Morgan Stanley, argued that thanks to the “aggressive” expansion of MercadoLibre’s logistics capacity in...
...That competition has fuelled heated demand for premium warehousing space, one of the few links in the logistics chain not handled in-house by the ecommerce companies given the high upfront capital costs...
...The biggest EM deal of the first half, however, involved the buyout of Singapore-based Global Logistic Properties, China’s largest warehousing operator, which manages about 30m sq m of space in the country...
...Shares in other reinsurers rallied this week as speculation grew that other companies will succumb. Aspen is up about 8 per cent and Axis Capital and RenaissanceRe almost 6 per cent....
...The largest so far has been sovereign wealth fund China Investment Corporation’s €12.3bn takeover of UK-based logistics company Logicor from Blackstone in June....
...Others in the group include Hillhouse Capital Management, real estate firm China Vanke, JD.com and Ping An Insurance. Fang (below) is very connected....
...The Government of Singapore Investment Corporation recently raised S$3.9bn for the sale of 49 per cent of its Global Logistics Properties subsidiary, and American International Group raised $17.8bn in Hong...
...The Government of Singapore Investment Corporation recently raised S$3.9bn ($3bn) for the sale of 49 per cent of its Global Logistics Properties subsidiary, and American International Group raised $17.8bn...
...American International Group’s planned listing of its Asian life insurance business AIA is expected to raise up to $20bn in Hong Kong....
...The company operates in 85 countries but its dozen or so Asian markets now account for nearly half of group sales....
...AIG, the US insurance company, for example, was brought to its knees by its excessive exposure to credit default swaps. The CDS market will be the first to be reformed....
...“Over 18 months, the savings you make on electricity consumption would make our ATM pay for itself,” says Vijay Babu, the company’s chief executive. The company has so far deployed 40 machines....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...TSR: 93.5% 32 Name: Ruby McGregor-Smith Company: Mitie Group Sector: Support services Location: UK 3-year TSR: 10.2% 33 Name: Susan Ivey Company: Reynolds American Sector: Tobacco Location: US...
...Each of the warehouses carries the name of a large company: Palacio de Hierro, the Mexican retailer, Mattel, the toy manufacturer, Kraft, the foods group, Dupont, the chemicals company and McGraw Hill, the...
...(NASDAQ & TASE: SPNS) is a provider of IT solutions that modernize business processes to enable insurance and other companies to quickly adapt to changes; and nextSource Inc., designs, develops and implements...
...He served as chairman and chief executive of American International Group from 1967 until 2005, during which time he build AIG into the largest insurance company in the world Read Hank Greenberg’s letter...
...companies and banks who offered the insurance....
...In the view of several present and former AIG executives, Mr Sullivan was a brilliant insurance man but the group had become much more than an insurance company and he lacked a deep understanding of the...
...Extending healthcare services to the millions of Americans who currently have no insurance or coverage is expected to be an important issue in this year’s US election....
...Mitsubishi Logistics, Japan’s largest warehousing company, jumped 3.5 per cent to Y1,771. Wednesday’s rise in the dollar provided a good short-term reason to buy machinery stocks....
...Revisionist history Maurice “Hank” Greenberg, the recently ousted chairman of AIG, the world’s largest insurance company, has always been a tough businessman, but even he might have felt a bit hurt if he...
...Maurice “Hank” Greenberg, the recently ousted chairman of AIG, the world’s largest insurance company, has always been a tough businessman....
...Greenberg represented C.V. Starr & Co. Role reversal After years of serving as a top consultant to the world’s largest media groups, Michael Wolf is joining one....
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