Hints and tips:
...While other industries grapple with a shaky economy, the home improvement business is booming....
...But there is a clear shift happening in the music industry that Dorsey may have caught on to — several big-name artists are selling their music rights....
...The fund could be drawn upon to pay for things such as basic health insurance or paid time off....
...Last year was the costliest on record for the industry....
...Its results were overshadowed by the disclosure of a looming penalty of about $1bn for mis-selling insurance and mortgages....
...Until now, the big US tech companies have mainly steered clear of the industry, put off by the potentially heavy regulation and capital requirements that insurance attracts....
...The Federal Reserve and Federal Deposit Insurance Corporation found that “living wills” drawn up by eight of the country’s largest and most complex banks, which show how they could be wound up in a crisis...
...Unlike private equity, business school drones struggle to break into the industry....
...Paulson & Co suffered the loss of its lead insurance analyst, Charles Murphy, in an apparent suicide last month. Much of the research behind the AIG position had been undertaken by Mr Murphy....
...However far Mr Trump gets in making sweeping change to Dodd-Frank, the industry has reasons to be cheerful....
...In a note on Thursday, analysts FBR Capital Markets said they were assuming losses for the insurance industry of between $3bn and $7bn....
...The deteriorating financial strength of the 94-year-old institution underlines how the likes of Uber are inflicting pain not only on the traditional taxi industry, but also the banks and co-operatives that...
...There are still about 6,000 lenders across the country, according to Federal Deposit Insurance Corporation data — raising the question of why more deals are not being done in such a highly fragmented industry...
...Industry watchers say Anbang is trying to strengthen its insurance sales capabilities through Tongyang and diversify its sales channels in Korea....
...“They are using an insurance base to make interesting investments. The fact that they got this far is significant.”...
...This time, however, Anbang has enlisted support from investors including China’s Primavera Capital and JC Flowers & Co, the private equity outfit of US billionaire J Christopher Flowers....
...James Manyika, co-head of the McKinsey Global Institute, suggests the picture is far more nuanced....
...“Pension fund consultants, advisers and boards all make decisions on a lagged behind basis,” says Dan Fannon, asset management industry analyst at Jefferies....
...They believe AIG would boost shareholder value considerably if it separated its property-and-casualty, life and mortgage insurance operations....
...After joining Goldman in 1994 she climbed up the ranks, becoming a partner and co-head of its European investment banking division....
...Dealmaking in the reinsurance industry — which allows insurance companies to transfer the risks of hurricanes, earthquakes and other disasters — is heating up....
...Readers contemplated the effects of disruptive tech: If self-driving cars massively reduce accidents, that will impact on the car insurance industry....
...Friends Life shareholders will own 26 per cent of the enlarged company, which will create a UK insurance, savings and investments powerhouse....
...Both RSA and Zurich grew their businesses in Ireland while the wider industry has shrunk....
...The insurance industry paid out about $45bn in 2013, lower than the 10-year average loss of $58bn, according to Aon Benfield, the reinsurance broker....
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