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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
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...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...Castleton was exonerated following the 2019 group litigation. Castleton was forced to represent himself after he exhausted legal insurance on a counter claim....
...Insurance group Watchstone, formerly known as Quindell, said on Tuesday it had served KPMG with a legal claim for £13.7m plus interest for dividends paid out and fees incurred as a result of failings in...
...Join our online book group on Facebook at FT Books Café...
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Part of any payout could also be covered by insurance. Jon Holt, KPMG’s UK chief executive, said: “I am pleased that we have been able to resolve this claim....
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...A gambit to raise cash for US rival Carlyle Group’s latest buyout fund has come up short....
...The emergence of Risc-V has reopened the door for companies to compete in the CPU market....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...reaching 9.1 per cent,” said Jenny Holt, managing director for customer savings and investments at Standard Life....
...Lawyers arrived in groups, trading gossip in hushed murmurs, occasionally breaking into laughter....
...As part of the deal, Fairfax will invest $200mn in JAB’s consumer fund JCP V.The group, which also owns brands such as Pret A Manger, Krispy Kreme and Panera Bread, estimates that revenues and gross written...
...In the meantime, he welcomes groups of painting students to the studio, with Hodgkin’s former assistant of 22 years invited to be on hand to answer technical questions....
...As always you can reach me at sid.v@ft.com....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...The group is not alone in using such technologies to enhance the traditional mix of salesmanship and problem-solving that typifies insurance brokerage....
...that the government’s ambition will be matched by action,” said Tony Danker, CBI director-general.He added that without “serious action, we risk the economy simply drifting towards low growth once the V-shape...
...Last year, the authorities agreed a deal to sell debt-ridden national airline Air India to conglomerate Tata Group, ending a two-decade hunt for a buyer....
...If you happen to receive Medicaid or you have private insurance in Alabama, it is illegal for either of those to cover abortion. When Roe v Wade is overturned, Alabama is in a really, really bad shape....
...V. Group, the world’s largest ship manager, has urged Nato to provide naval escorts for commercial ships....
...And you know, add one more thing into this, which is all the people in Silicon Valley are in the same group chats. They’re all talking to one another....
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