Hints and tips:
Related Special Reports
...LV, one of the country’s oldest mutually owned life insurers, was on the verge of demutualising and selling itself to US private equity group Bain Capital....
...But the environment for funds and the companies they invest in remained challenging, said Björkstén....
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...Ageas has 44,000 employees in 13 countries. Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...It now employs 16,000 staff across 50 countries and the completion of its acquisition of TigerRisk gave it a significant reinsurance broking business....
...When I chaired the FDIC during the financial crisis, we sold the failed the mortgage lender Washington Mutual to JPMorgan. It was our only bidder and was prepared to take over WaMu immediately....
...The ABI called for more to be done to “support communities up and down the country to be more resilient” to the weather....
...into bank parent companies....
...Senior insurance industry figures said the sector had pushed to ease trading between the two countries’ specialist insurance markets, where big assets such as planes and pipelines are insured by a range...
...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...people & skills development Mayer Brown digital solutions Kirkland & Ellis knowledge & data Orrick, Herrington & Sutcliffe In-house Most innovative in-house legal team in North America Liberty Mutual...
...Despite this, not everyone is convinced that active ETFs’ high take-up in some countries means they can achieve similar levels of penetration in the US or Europe....
...And despite the threat of tougher enforcement, the policies have never been cheaper, thanks to an increasing number of insurance companies entering the market....
...“Geopolitical friction and complexity are at an all-new level,” says Anne Madden, general counsel at technology and engineering company Honeywell....
...Some reinsurers had argued for exclusions of these countries from framework contracts, they added, but had limited success....
...venture that would focus on developing gas projects in “areas of mutual interest”....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...In 2008, Washington Mutual went down after haemorrhaging $16.7bn over nine days. This time, SVB’s depositors pulled out $42bn in 10 hours....
...The insurance arrangements potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill. 4....
Case studies in best practice among general counsel and company legal teams in North America
International Edition