Hints and tips:
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...A bigger shake-up may be administered by US activist Nelson Peltz, who did a good job at Procter & Gamble....
...The insurance unit hauled in a big deal with Prudential as recently as June, contributing a big chunk of the $100bn that Apollo added to its investment war chest in a record-breaking three months that took...
...Family feuds and fraudsters In 2014 the Waldorf Astoria was sold for almost $2bn to Anbang, the globally ambitious but troubled Chinese insurance company, making it the most expensive hotel ever....
...Winning more European insurance companies as clients is another target....
...Its iptiQ unit helps other companies to develop insurance products....
...Prudential 35% cut to FY21 estimates....
...Our insurance team’s favorite life companies are Prudential and ASR We remain overweight of P&C Defensive: The sector should be agnostic to the cycle (having no correlation with HY spreads and PMIs) yet...
...President Xi Jinping doubled down on this gamble on Tuesday, when he made his first visit to Wuhan in central Hubei province, where the epidemic originated in December....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...Economic bellwethers UPS and Caterpillar feature, with UBS, McDonald’s, Procter & Gamble, Verizon, Anheuser-Busch and Twitter among the many other notables....
...In Break up to make up, which looked at the potential for several European conglomerates to break up, we calculated the conglomerate discount at Prudential to be 22%, slightly higher than the European insurance...
...Briefly Seven weeks after Aviva tapped company insider Maurice Tulloch to be its new chief executive, the boss of its UK insurance division is out....
...But it is not the only insurance company with a financial interest in sport....
...Higher sales of beauty and homecare products are set to help Procter & Gamble report a rise in fourth-quarter revenue....
...M&G Investments, the £282bn investment arm of Prudential, the insurer, and Aberdeen Asset Management, the Scottish fund house that merged with Standard Life, the insurer, last month also shared data on the...
...The survey will be presented to the Diversity Project, a campaign group set up last year to promote diversity based on gender, ethnicity, socio-economic background, sexual orientation, age and disability...
...Arguably the Bank of England got macro prudential policy right at that point, although the interest rate cut was, perhaps, unnecessary....
...ICICI Prudential Life looks like a gamble worth taking. Email the Lex team at lex@ft.com...
...PepsiCo’s shares were down 2.2 per cent in mid-morning trading to $106.33, while Procter & Gamble’s fell 1.8 per cent to $88.90. Mondelez International shares declined 3.3 per cent to $44.5....
...Procter & Gamble (Consumer Goods) 6. Apple (Technology) 7. Johnson & Johnson (Biotech & Pharma) 8. Walt Disney (Media) 9. Prudential Financial (Finance) 10. Audi (Automotive) 11....
...From 2018, they will also attract employer national insurance....
...Western governments are giant insurance companies backed by large armies. How did this arise?...
...And we’ll increase in real terms the help we provide to people with disabilities to get into work....
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