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...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...its own insurance claims when it presented a credit insurance guarantee to the regulator....
...UL Solutions is owned by the non-profit group UL Standards & Engagement....
...It is also the biggest fund ever raised by Brookfield, which manages $850bn across sectors spanning real estate, credit and insurance, renewable energy and corporate buyouts....
...Stephen Kennedy, director at pricing specialists Pearson Ham Group, said there was “heightened anticipation of the potential ramifications of Storm Henk on UK home insurance premiums”....
...British banks have been spared the imminent cost of pre-funding a multibillion-pound deposit insurance guarantee scheme after the collapse of Silicon Valley Bank’s UK arm in March exposed weaknesses in existing...
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...on major tech groups in late 2020....
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
...Mandating that carmakers produce more EVs does not guarantee that buyers want them....
...Corinthia said that Weightman’s only link to the group was a previous relationship with Wheeler....
...The group posted its best results since the pandemic in the first quarter. Insurance has historically suffered fewer official crackdowns that some other sectors....
...It should be more expensive than an insurance company buyout because a government guarantee means credit risk is lower, so how many takers would there really be?...
...the groups had already paid in 2023....
...In short, then, these labels are no guarantee of investment success. So what about the Magnificent Seven?...
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
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...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
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