Hints and tips:
...As the season for annual shareholder meetings gathers pace, there have already been a record 27 environmental shareholder proposals filed at financial companies so far, according to ISS-Corporate, a data...
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...Private insurers have almost completely withdrawn from parts of Florida, Louisiana and other environmental-disaster-prone areas....
...“That’s a sad commentary on the state of American politics. Now I know why they call this the political silly season.”...
...The North American fossil fuel sector is undergoing a wave of transactions tied to changes in the energy mix, with companies placing their bets on the relative values of oil, natural gas or clean power....
...The recently-completed Dangote refinery in Nigeria is purchasing American crude oil, described as “a sign of just how competitive American barrels have become in the global market.”...
...AEL’s current chief executive Anant Bhalla took the helm in early 2020 and implemented a strategy he called “AEL 2.0” in which the company partnered with alternative asset managers to more aggressively invest...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...“It is likely that the momentum around this issue has essentially ceased for the time being at North American companies.”...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The Berkshire chief executive said that when repurchases were “made at value-accretive prices” it benefited all shareholders, pointing to investments his company made in American Express and Coca-Cola in...
...The team tackled varying state laws to secure 11 operating licences in its first year....
...Earlier in 2022, Nth Cycle raised $12.5mn from investors including MassMutual, the US insurance company....
...In just six US states that collected the data in 2020, more than 10,000 were on Medicaid, the medical insurance system for those on low incomes....
...Three US index fund providers — BlackRock, State Street and Vanguard — together control 15 to 20 per cent of most American companies....
...It also changed how the company thought about the business case for social and environmental responsibility....
...The actors were a limited number of innovative companies. The outcome has been a fintech revolution....
...“Unilever’s ability to acquire creative, alternative, forward-thinking, on-the-edge companies is probably materially impacted by this,” Monteyne says....
...The big asset managers parted company with environmental activists over climate proposals that push companies to stop using fossil fuels or change their business plans to comply with the Paris goals....
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...In August, he barred managers of the state’s $186bn pension fund from considering environmental and sustainability issues when investing. Then there is Florida’s property insurance market....
...Sometimes it is just impossible to find alternatives....
...You can sign up to that newsletter here A combination of soaring energy prices and “chaotic” EU environmental policies mean construction companies face shortages of building materials, according to the...
...“Adoption is accelerating with insurance companies and other institutional investors.”...
...American International Group, the insurance company that was a pioneer in the business, has made billions of dollars in profit out of housing tax credits, according to a lawsuit filed in 2017 by several...
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