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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Insurance Life insurers are big holders of bonds, which they use to back liabilities such as pension obligations. Their share prices were hit hard following the collapse of SVB....
...“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....
...Innovator, which with $13.5bn in assets is the largest provider of defined outcome ETFs, is pitching the new fund as a way to “disrupt” the market for products offered by insurance companies, as an alternative...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...His Lily of the Valley designs are exclusive to the V&A, as are the giclée prints of illustrations by Beatrix Potter and Edward Lear....
...The firm raked in billions of dollars of capital in the years before 2008, investing some of it on consumer debt, real estate, even unwanted life insurance policies....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...The bank’s support was essential, as it turned out that our insurance cover was inadequate. Insurance is important but expensive. Today we are covered for every eventuality....
...Munger has devoted much of his adult life to trying to understand the cognitive biases that make us behave the way we do....
...By now Heseltine, wearing his trademark blue V-neck under a dark suit, is tucking into his soup....
...I started doing work for other insurance companies, providing third party intervention....
...Tasteful window graphics serve as a substitute for displaying watches — which Ellis’s insurance does not allow — and the interior is decorated with pink walls, pink carpets and terrazzo tiles....
...But the impact of the Ukraine crisis could give it a new lease of life, experts say....
...“We already know how it ends: stagnant wages, collapsing public services and stalling life expectancy.” This article has been amended after publication to clarify remarks by Rachel Reeves...
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...At the heart of the fair, the V&A’s Melanie Vandenbrouck has curated a sculpture display on the east-west axis previously occupied by the bar....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Eyal began her career in 1990 with Batsheva, the Israeli company founded by modern dance pioneer Martha Graham, and went on to found L-E-V in 2013....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...These concerns are set to be compounded by April’s rise in National Insurance....
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