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...That has helped earn board chair Alexander Wynaendts, who is one year into his term, praise for taking steps that at other companies might be considered routine business.A Dutch former insurance executive...
...That point is critical to insurance companies buying such debt, which typically must own safer assets. The funds’ bets on music rights have similarities to their wagers on commercial real estate....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Medicare, the government-backed insurance for seniors, is prohibited by Congress from paying for any obesity medications....
...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....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“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....
...The emergence of Risc-V has reopened the door for companies to compete in the CPU market....
...In March 2021, Marquee Raine and Enjoy announced a deal that valued the company at $1.1bn....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...Boehly is co-founder and chief executive of Connecticut-headquartered Eldridge Industries, which has investments across insurance, asset management, technology, media and real estate....
...As always you can reach me at sid.v@ft.com....
...“We had some people representing various governments, we had crypto millionaires . . .” said Raine Group partner Colin Neville....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...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....
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