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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
...Including mortgage payments, mortgage insurance and property taxes, he pays $3,500 per month more today than what he spent on rent at the family’s last home....
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...The company, which like Vanke was initially seen as shielded from the funding problems within the sector, eventually defaulted on a dollar bond for the first time in October....
...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
...“I’d suddenly panic and ask Will [Fisher, her partner and co-owner of Jamb] ‘How are we going to find 12 beds?’” she recalls....
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...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...Overall, the group posted a €5.1bn operating profit for the period, up 17 per cent on the same period last year, with profitability improving at its property and casualty division despite losses from European...
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...But the problem is that as long as these “pretend and extend” tactics are playing out, uncertainty will haunt the property sector, threatening to undermine American growth....
...Six residential property and casualty insurers became insolvent in 2022, according to the state....
...In 2023 the fund was unable to fully cover its more than $2.8bn distribution from the cash flow its properties generate, according to its published annual report, its first such shortfall....
...Property investment in the first nine months of the year contracted by 9.1 per cent. Country Garden was until recently seen as more financially stable than many of its peers....
...Hunter Point Capital, the alternative investment shop co-founded by Bennett Goodman, has hired Phillip Titolo as its head of insurance solutions. Titolo previously worked at MassMutual....
...A decision in favour of the hunters, it argues, “would effectuate one of the broadest judicial takings of private property in American history”, which would “erase billions of dollars of private-property...
...When Carpenters Workshop Gallery co-founder Loïc Le Gaillard first met Castle in the noughties, he discovered Castle had never even been to Paris and offered him a show in London in 2011 and in Paris in...
...For Hans Ulrich Obrist, co-curator of the exhibition, “Mari wanted design to be about the production of knowledge — as opposed to consumption.”...
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