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...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...
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...“It was like a ballet,” he said of the co-ordinated trading his firm and others undertook to obtain the tax refunds....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...Cook was convicted on one count of misconduct in public office between September 2004 and November 2008, but the jury acquitted him and co-defendant John Mason, an 81-year-old accountant, of more serious...
...Picking the timing of that is harder,” said Gray....
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...she said of Simon Smith, global co-head of the investment banking division at Morgan Stanley....
...Appearing before the High Court on Thursday, Simon Smith, global co-head of Morgan Stanley’s investment banking division, denied Frasers’ suggestion that it imposed a $1bn margin call to cover a trading...
...He’s also gotten to know the firm’s president, Jonathan Gray....
...The University of Exeter claimed under its insurance with Allianz both for physical damage and for costs related to the temporary rehousing of students....
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
...In the current litigation, Frasers said Morgan Stanley rejected it as a client in April 2021 and alleged this was because Simon Smith, global co-head of the investment banking division at Morgan Stanley,...
...Schwarzman’s near-$900mn haul came mostly from almost $780mn in dividend payments because of his ownership of nearly 20 per cent of the private equity group he co-founded....
...Berkshire hit back in November, accusing the founder’s son Jimmy Haslam III, co-owner of the Cleveland Browns football team, of seeking to suborn executives at Pilot into inflating the company’s profits,...
...“It is regrettable that the Ministry of Justice has not moved faster to consider the committee’s recommendations,” said Jonathan Rogers, co-director of the Cambridge Centre for Criminal Justice....
...Atlas was sued by businessman Rajan Mahtani, the founder of Finance Bank Zambia, who alleges that the pan-Africa banking group co-founded by Diamond breached the terms of a deal to purchase it in 2015....
...While KKR will soon raise flagship buyout funds in North America and Asia, it is seeing its fastest growth in newer businesses targeting credit, insurance and infrastructure-based investments, which are...
...Scottish Greens, whose co-operation give the SNP a pro-independence majority at Holyrood, said the ruling was a “democratic outrage”....
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...He will not be short of money, not least thanks to his wife Akshata Murty’s £550mn stake in Infosys, the Indian IT company co-founded by her father Narayana Murthy....
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...Nunn’s production makes you feel that shift, nowhere more so than in Gray’s immensely moving Sonya, dreams destroyed, battling on through the accounts. ★★★★☆ To April 13, orangetreetheatre.co.uk...
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