Hints and tips:
...But at a private event last month, one executive at the corporation that oversees the market told underwriters that it has not yet seen clear evidence that a warming climate is a major driver in claims costs...
...A credit guarantee provided by the Inter-American Development Bank, and insurance by the US International Development Finance Corporation protecting against upheavals linked to government interference or...
...incurring corporation or withholding taxes....
...The index, which launches on Monday, draws on the equity prices of the insurance and reinsurance companies that make up more than 80 per cent of the market’s capital, according to ICMR....
...But the roughly 5,000 market participants now there over the course of a week — leaving aside the staff for the corporation that run the market — remains just a quarter of pre-pandemic levels....
...Dan Loeb’s Third Point, specifically Third Point Reinsurance Ltd, was ready to be lucky....
...Apollo struck a big reinsurance deal with Prudential in June, helping add $100bn to its assets in the second quarter....
...The island has also taken a leading role in other parts of the insurance market. One is reinsurance for life insurance companies....
...“A lot of fund management companies want to keep quiet because, let’s be realistic, a lot of the institutional client base is the same as these corporations....
...Henry Kravis and George Roberts' firm said last week that had it been a corporation in 2017, its net earnings would have been a fifth lower — requiring its valuation multiple to rally by a similar amount...
...State-owned General Insurance Corporation takes 46 per cent of all reinsurance on to its books and the rest is left to domestic insurance....
...Mr Truell, who ran Duke Street, a private equity group, is the founder of insurance company Pension Corporation....
...It was also the first reinsurance group listed in Hong Kong, the first Chinese reinsurance company listed anywhere,” says John Moore, partner at Slaughter and May....
...Rothesay’s deal has initially been structured as a reinsurance contract, but will be followed by a full transfer of pension liabilities once regulatory and court approvals have been received....
...The architecture is a blend of modern, ancient and Soviet styles. The imposing entrance gate consists of two granite blocks topped by a 36m stainless-steel sculpture of the company emblem....
...CICC, which was formed as a joint venture between Morgan Stanley and China Construction Bank in the 1990s, now counts China Investment Corporation, the country’s sovereign wealth fund, as its biggest shareholder...
...corporations and holding companies....
...An alternative plan involving a private insurance company owned by futures brokers and backed by reinsurers stoked interest from a syndicate of eight reinsurance companies....
...The insurance group said on Friday that it was in talks to sell a 90 per cent stake in International Lease Finance Corporation to a group led by New China Trust, New China Life Insurance and P3 Investments...
...The company has hired China International Capital Corporation, BNP Paribas, Goldman Sachs, HSBC, UBS, Deutsche Bank, JPMorgan and Bank of America Merrill Lynch to work on the IPO....
...Munich Re, the world’s biggest reinsurer by premiums, said last week it expected there to be increases in reinsurance rates across the board, while London companies such as Hiscox and Amlin, and Bermuda-based...
...Pension Corporation is one of a handful of specialist companies in this area, along with Goldman Sach’s Rothesay Life, Cerberus-backed Lucida and traditional insurers such as Aviva, Legal & General, MetLife...
...The latest reinsurance deal means Pension Corporation has now offloaded over £2bn of the more than £3bn of longevity risks taken on since it was set up....
...The grain-trading-to-hedge funds Minnesota company has owned a majority of Mosaic since its 2004 creation....
...corporations to provide insurance at a cheaper rate than the company could buy it in the market....
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