Hints and tips:
...But this company has a strong foundation, strong liquidity and a strong deposit base, which gives me confidence for our path forward,” DiNello told analysts....
...Executives also hope to capitalise on a trend of insurance companies, endowments and pension funds cutting the number of managers they work with and even outsourcing their entire portfolio to a single company...
...The insurer booked a ¥6bn ($55m) loss last year in its Asia and Oceania unit, driven by a “reserve provision for trade credit insurance in Australia”, but this was expected to reverse this year to a ¥14bn...
...Indeed, France has already done trial runs, delivering surprises for insurance companies and banks. Van Steenis might be over-optimistic with his timetable, since he is a fan of these green tests....
...Insurance companies and pension funds — many of which have regulatory reasons to avoid investing in equities — lined up to buy it all....
...InfiniteEarth’s Rimba Raya Biodiversity Reserve, spanning some 65,000 hectares of peatland rainforest in central Kalimantan, has sold carbon credits to Microsoft, insurance giants Allianz and Zurich, and...
...Tony Yates, macroeconomic policy unit research associate at the Resolution Foundation: No....
...Overnight, the Federal Reserve had spent $85bn to bail out the huge insurance company AIG, which had unwisely guaranteed much credit now sitting on banks’ books....
...Among his many speeches, he delivered the Per Jacobsson Foundation Lecture in Washington DC, the Homer Jones Memorial Lecture at the Federal Reserve Bank of St Louis, the Bagehot speech at the Economist...
...At 27 he started out in insurance, offering accident and health cover to railroad employees at the Continental Casualty Company of Chicago....
...It has 2m customers and about £5.2bn of assets with £53m capital reserves. Engage has 500,000 customers and £1bn of assets with £77m capital reserves....
...Councils increased their reserves by nearly £10 billion over the last Parliament. We’ll encourage them to draw on these reserves as they undertake reforms....
...Potts, a leading company law advocate, drew attention to the famous case of Carlill v Carbolic Smoke Ball Company....
...The class action suit was filed in 2008, shortly after AIG was rescued by the US Treasury and Federal Reserve as it racked up huge losses on insurance written on plunging mortgage securities....
...But the fluctuating prices are not company shares....
...The largest US bank holding companies would have to hold regulatory capital equivalent to 5 per cent of their assets, regulators including the Federal Deposit Insurance Corporation and the Federal Reserve...
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
...Foundations and endowments typically spend 5 per cent a year....
...The authors suggest companies may not be trying very hard to fill jobs, while workers in receipt of unemployment insurance may not be trying that hard to find them....
...Lehman’s foundations were cracked by emerging shoots from seeds of destruction in the US economy and economic policy....
...For years the big banks have relied on taxpayer-funded deposit insurance to backstop their lucrative derivative businesses. Obviously they want the subsidy to continue....
...With hedge funds growing far bigger, and being increasingly backed by big pension funds and insurance companies, it can be systemically important whether these funds fail or not....
...If growth in developed countries starts to look like a “U”, in emerging markets it already is a “V”....
...If Mr Obama’s contribution to world peace proves unsustainable, the Foundation should reserve the right to remove the medal from the presidential library at any point in the 10 years following its award....
...The higher requirements would also tend to drive financing out of the banking sector into less regulated sectors such as insurance or hedge funds....
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