Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Commended Liberty Mutual O: 7; L: 7; I: 7; Total: 21 The insurance company’s legal department is aiming to unify practice areas and encourage greater collaboration and agility in problem solving....
...to Abu Dhabi state-owned holding company ADQ....
...The Trump administration’s granting of state funding for (costly) COVID-19 testing for patients with no health insurance and Congress’s approval of a $8bn package to fight the spread of the virus bear out...
...(FT) OxyContin maker settles $270m suit Purdue Pharma and its owners, the Sackler family, settled a $270m lawsuit with Oklahoma, the first of several actions brought by individual US states over the company...
...Here’s Jefferies: Given the current state of capital markets, in our view this is hardly the ideal time to begin an IPO process, especially for a company that provides 5% investment guarantees to customers...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...of the EU’s single market directives, to do business in other member states purely on the basis of their home state authorisation....
...Savings and insurance group Old Mutual is already doing the splits, having failed to convince investors of the synergies between the disparate businesses it assembled in pursuit of scale....
...For instance, a car finance joint venture was formed with Ford Credit while an insurance joint venture was agreed with Old Mutual, which still stands to this day....
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...DEMOCRATS TO WATCH Wendy Davis, candidate for governor of Texas Ms Davis, a Texas state senator, became an overnight YouTube sensation in 2013 when, wearing her now-signature pink running shoes, she engaged...
...Archie Norman, the ITV chairman, is a McKinsey alumnus, as is Ian Davis, the newish chairman of Rolls-Royce....
...“We can only manage funds for locals via a local range of mutual funds.” With a mutual fund market of just $18bn in total, the expenditure involved is unappealing to many firms....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...“Insurance company premiums are growing by double digits every year, so it’s natural they need investment solutions,” says Steve Lee, chief executive of HSBC Jintrust....
...He owns MCB, the most profitable bank in the country; his Adamjee Insurance is the largest general insurer in Pakistan....
...This is the country’s most popular tourist attraction and is South African owned once again; Growthpoint, South Africa’s largest property company, and the PIC each bought a 50 per cent share in the V&A for...
...The state has bounced back from the global slowdown, although severe power shortages remain a worry for industry, as do high cotton prices for its vast garment industry....
...From The FT, - Resolution buys Bupa unit for £165 million - Elisabeth Murdoch to sue Northern & Shell - Hargreaves Lansdown’s Gorham promises ‘business as usual’ - NESV completes Liverpool deal - Old Mutual...
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...Here, I must state clearly that public sector enterprises such as banks and insurance companies will remain in the public sector and will be given all support, including capital infusion, to grow and remain...
...But it was insurance he chose and it was in insurance that he made his fortune. After a spell with an insurance company owned by C.H....
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