Hints and tips:
Related Special Reports
...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...One of Tokio Marine’s acquisitions, highlighted in a recent investor deck, was its April 2019 deal to buy the Bond & Credit Co, which provided $10bn of credit cover to Greensill Capital....
...He will replace former banking and insurance executive David Godfrey on several of Nomura’s European and UK boards in April....
...It also raised $2bn from separate vehicles that will co-invest alongside the fund, bringing the total amount of capital raised to $30bn....
...AIG has undergone significant change during his tenure, with moves including last year’s initial public offering of its life insurance and retirement business, Corebridge....
Case studies in best practice among general counsel and company legal teams in North America
Trends in geopolitics force faster responses from legal teams
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Just last week, we brought you the tale of the co-head drama inside the bank....
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...Scott Bok, chief executive of boutique investment bank Greenhill & Co, stepped down as chair of the university’s board moments later....
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...The Omaha native helped transform the company, once a struggling textile maker, into an industrials and insurance behemoth....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...Meanwhile it built up its own formidable insurance vehicle. Last winter, AEL rejected a $45-per-share offer backed by Elliott Management....
US health insurer is facing dozens of complaints alleging it has not paid its bills
...Brookfield has offered to acquire American Equity Investment Life for $4.3bn, making it the latest private capital manager looking to expand in credit investing by adding retirement annuity and life insurance...
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...A version of this article was first published by Nikkei Asia on January 4. ©2023 Nikkei Inc. All rights reserved....
...Byton, a Chinese-German electric vehicle brand co-founded by former BMW and Nissan executives, also bet big on China. Four years later, the picture is bleaker....
...The leveraged buyout specialist has diversified to include a $200bn credit investment business along with a life insurance affiliate, Global Atlantic, hungry for yield....
...“Your productivity is what we use to determine your creditworthiness,” Ladi Delano, Moove’s co-founder said in an interview with the Financial Times....
International Edition