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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...
...The billionaire owner’s “transition team” headed by Steve Davis, who leads the Musk-owned Boring Company, then began to phone staffers....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Envision Healthcare, a KKR-owned company that employs doctors who staff emergency rooms and anaesthesiology departments in hundreds of US hospitals, sued UnitedHealthcare in 2018 in a dispute over billing...
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...We should be talking about the fact we’ve cut national insurance twice.”...
...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...
...Actis has promoted Neda Vakilian, head of the firm’s investor solutions group, and Davi Carvalho Mota, director of its long life infrastructure strategy, to partners....
...With a recent cancer diagnosis, Dixon feared that she would lose her health insurance if she lost her job....
...The Omaha native helped transform the company, once a struggling textile maker, into an industrials and insurance behemoth....
...Two examples from this month: [February 28:] Four major Japanese non-life insurance companies will sell their entire cross-shareholdings worth about ¥6.5tn (about $43bn) over the next few years, following...
...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....
...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....
...M&A partner at Davis Polk & Wardwell....
...In mid-October, Hamilton Insurance Group filed to float in New York. Safety testing company UL Solutions is still aiming to list before the end of the year in what could raise as much as $1bn....
...The company has also had disputes with UnitedHealthcare and accused the insurer of shirking its responsibility to reimburse patient costs in as many as a third of cases....
...v) Do recent financial challenges for the company require a reassessment of its climate commitments? The war in Ukraine might be seen as a “black swan” event for global energy markets....
...By the time of the Hollywood era of Bette Davis and Mary Pickford — who in 1919 was the only woman among the founders of the United Artists production company — a new narrative was being presented....
...The stand-off has spawned an expanding legal battle that casts an unflattering light on insurance companies and physician staffing groups alike....
...Insurance head Gilles Dellaert will lead the combined unit while credit boss Dwight Scott will become chair....
...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....
...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....
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