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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...It will carry a list price of $1,060 for a monthly dose, which could appear as high for some patients because US insurance coverage for GLP-1 weight loss drugs is low....
...Here’s why the states believe their move would protect retirees, widows and orphans relying on annuities and other insurance products. 2....
...“Our initiative garnered attention from major market players, prompting them to enhance the technical aspects of their insurance offerings by incorporating some of our findings,” says Chavez....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...When Goldman agreed the deal two years ago, it underscored the company’s ambitions to become a leading player in consumer banking....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...Analysts anticipate the company to have earned $2.70 a share on revenue of $22.7bn, in the quarter to February, compared with $4.20 a share on revenue of $23.6bn during the prior-year period....
...He also seemed to take umbrage at the suggestion that his business success had been deliberately exaggerated, saying: “I built a great company.” Additional reporting by Steff Chávez in Chicago...
...Marty Chavez, former head of the bank’s securities division, joined Sixth Street in 2021....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...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....
...Investors will be watching for any signals on share buybacks, which Buffett often adjusts when he thinks public markets are overvaluing or undervaluing the company....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“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....
...US cities are also bringing in tough standards, from New York City to Scottsdale, Arizona....
...In the US, because Galleri has not yet won approval from the FDA, it is not covered by US government health insurance schemes....
...The Chicago-based company agreed to a fixed-term development contract with Nasa, meaning Boeing must cover any cost overruns....
...She is dialling in from the house she has just moved into in Scottsdale, Arizona, with her new husband and her six-year-old daughter....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
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