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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...“[The union] campaigns on ‘look at what Ford got’,” Belcher said. “They’ve really been pushing $40 [an hour] and free health insurance.”...
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...company in 1936....
...A plaque above the organ nods to the city’s once-thriving ceramics industry, honouring local potter George Meakin, who in 1851 founded ceramics manufacturing company J & G Meakin with his brother James....
...Need to know: business General Motors agreed a deal with the UAW union to end the carworkers’ strike, following similar deals struck by Ford and Chrysler owner Stellantis....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...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....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“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....
...First Republic expanded into eight states, and the Herberts began a bicoastal life, supporting civic and charitable causes on both....
...(Henry Ford drew up a single-seat aircraft called the Ford Flivver in 1926.) Some have flown but none has been cheap, appealing and safe enough to reach the mass market....
...However, finance companies are keen for drivers to find ways of managing repayments and keeping their vehicles....
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...She’s from Detroit, Michigan, spent her whole life there, and she works for Ford Motors in finance management....
...She also warned companies that authorities will freeze their corporate accounts and suspend insurance if their trucks are being used in the protests....
...Rubino believes insurance companies also stigmatise obesity. “For the longest time, the explanation of why it wasn’t covered was there wasn’t sufficient weight loss,” she says....
...“It’s a little bit baffling that no one seems to think they need financial insurance because it’s pretty cheap . . no one is beating down the door of short sellers these days.”...
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...Increasing allocations by long-term investors such as insurance companies, sovereign wealth funds and development finance institutions would fuel future growth....
...He is a Canadian investor and technology application expert who developed secure systems for banks and insurance companies in the 1990s. “I’m not in the cinema business,” he says....
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