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...
...To take just one example: founder and chief executive of Otter Learning Chase Begor recently told me that private investment has allowed the early childhood education company to provide its employees with...
...“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....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“All the paintings were concealed until people came to visit, when just one at a time would be revealed. He always felt they competed with one another.”...
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...That’s why the company is seeking to buy what it calls “mini-MatchMoves” in markets in central Europe, Latin America and the US, he said....
...There are companies that tried to do it across multiple verticals, but I think to really be strong in what you do, you have to focus on one thing....
...The plans included launching a business in the Philippines, where the bank has already started applying for a banking licence, and acquiring a payments company in Latin America....
...UK supermarkets are having to increase wages to combat staff shortages in what one union has called a “market correction”....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...The White House’s budget package, if signed into law, would make unprecedented investments in America’s social safety net over the next decade....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...But announcing a multibillion-dollar investment from a global tech group into his telecom business Jio is one of his boldest, especially at a time when companies grapple with the devastating coronavirus...
...One of the footnotes to the 2020 Greater Depression Wiki will relate to how the insurance industry and its investors guessed immediately that an unprecedented catastrophe would probably not need to be classified...
...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...
...We’ll be back on Monday September 2 with a new editor, our London-based insurance correspondent Oliver Ralph It's a grim old world out there in commercial insurance, but cyber has been one of the few bright...
...in America....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...Rock and metal stocks are doing rather better than oil ones on surprisingly robust China trade data....
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...And we are seeing the Americas at large, including the US, but also Latin American countries, at a later stage of this recovery process....
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