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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....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...This does not replace the need for proper travel insurance but allows you to obtain healthcare in EU countries at a reduced cost. Why can’t my mother access pension cash?...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...A body representing global insurance regulators has called for “enhanced supervision” of private capital-owned life insurers, citing potential “conflicts of interest” and “increased risk-taking”....
...“similarities” between the sales pitch that was used then and Corinthia’s success in attracting an entire team of senior executives from Barings, which is owned by MassMutual, one of America’s biggest life...
...Brussels-based Ageas said a deal would strengthen its position in the European market and help it rebalance towards non-life insurance business....
...But we got there in the end and here it is now, for your wintertime pleasure, and as a little insurance policy for us against losing this recipe again....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...’s life....
...International stockists on Wine-searcher.com Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...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....
...As co-founder of the Berlin Secession, which broke away from traditional academy painting in the 1890s, Liebermann played a large role in introducing modern movements to Germany and himself owned works by...
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...Suffice to say that it isn’t men who will save Delia, but her own determination, and the changes her country is going through. ★★★★☆ In UK cinemas from April 26...
...A-Cap controls life insurers based in Utah and South Carolina. A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...It teams her with her regular co-producer and co-songwriter Jack Antonoff....
...Corporate results: The Industrial and Commercial Bank of China and China Life Insurance announce earnings....
...Meanwhile, Kildare’s Madigan Cashmere works with a team of five experienced Aran hand-knitters – “all older ladies, of course”, says co-founder Elaine Madigan – to make its cashmere-yarn Arans....
...This could be covered with a life insurance policy for this period only, since a policy for a fixed term is generally cheaper than a whole-of-life policy....
...He approaches co-worker Román (Esteban Bigliardi) and talks him into a deal: if he hides the money, Morán will cut him in....
...Sales at the group’s mainland China joint venture, Citic Prudential Life, dropped 36 per cent compared with 2022, as the country was hit by an economic slowdown....
...The group has hailed recent momentum in the US, where it says it has sold record numbers of individual life insurance policies this year while cumulative volume from bulk pension deals since 2015 has passed...
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