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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...The retail giant struck a deal earlier this month to dispense medication on behalf of Zepbound maker Eli Lilly’s direct-to-consumer service LillyDirect....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...For the PE shop, the crucial thing is that an insurance subsidiary gives them direct access to retail investors’ capital, which normally they are only allowed to access indirectly, through big pension funds...
...An engineer at a hardware technology company, Tsai Tsung-lin earns more than many of his peers....
...Thursday’s complaint marks the first direct challenge to a strategy that sits at the core of the buyout business model....
...A verdict against BioNTech would likely have limited direct financial damage on the company because of an EU legal shield that largely protected vaccine makers from legal liability if they caused unforeseen...
...“You don’t have this level of progressive thinking.” The company is now the second-largest employer in the metro area that includes Normal and neighbouring Bloomington....
...As always you can reach me at sid.v@ft.com....
...Howard Davies: A fundamental reform of property taxation, lowering stamp duty and making the council tax more progressive....
...She got a job as the head of media relations to a powerful Greek businessman who owned media and insurance companies....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...That paved the way for bands to use crowdsourcing as a means of direct financing to record albums or pay for tours....
...The final pillar includes hundreds of billions of dollars for federal programmes intended to combat climate change, including a scheme that would pay utility companies to increase their renewable energy...
...For progressives, the early days of the DeSantis administration were also earth-shaking....
...Yet high-profile insurance company bankruptcies are nowhere to be seen....
...“It’s quite a progressive company in that respect.” Stuart Perry, a regional organiser at the GMB union, has a more cynical view of The Offer in particular....
...Progressive oil companies’ focus on so-called scope 1 and scope 2 emissions — essentially, their carbon pollution from getting the fossil fuels out of the ground and to the market — is welcome....
...Eric Yuan, chief executive, claimed the company was moving from being “a killer app company to a platform company”....
...Xi Jinping would probably take a US shift to strategic clarity as a direct challenge to his power and could easily precipitate what it is designed to prevent....
...The insurance company Clover Health, which is backed by Chamath Palihapitiya, also said in February it had received a letter from the SEC....
...He adopted the typographic convention of describing recovery: “The first part . . . will look like a sharp V shape . . . but what does the last part look like?...
...Progressives will want a USTR with ties to labour unions and a certain understanding of domestic economic inequality....
...The key characteristics should be: money, not credit; direct cash payments to citizens, households and companies; and, yes, the liability should be mutualised....
...The money will be used to help the company, which provides cycle insurance, to expand from the UK into the Netherlands. The funding brings the total raised to date to $6.4m....
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