Hints and tips:
Related Special Reports
...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...
...The real estate arm of the French insurance company has agreed to purchase Bry-sur-Marne Studios, east of Paris, which produced director Sofia Coppola’s 2006 film Marie Antoinette, one of the Hunger Games...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Mnuchin’s firm, Liberty Strategic Capital, is being joined by other investors including Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel....
...The mysterious rise of the company behind China’s Temu Has there ever been a weirder company to be valued at more than $150bn on the US stock market?...
...control of the company....
...Related Fund Management, an investment arm of Related Group, the owner of New York’s Hudson Yards, partnered with two non-profits — Community Preservation Corp. and Neighborhood Restore....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...The latest such move came earlier this month, when China’s insurance industry regulator lowered its designated risk level for domestic equities in an attempt to nudge normally cautious insurers to buy more...
...points on Wednesday, spurred by buying from foreign pension and insurance funds....
...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....
...This week, chief executive Paul Hudson admitted he had fumbled the scrapping of 2025 margin targets. Investors fear the company is over-dependent on blockbuster asthma and eczema drug Dupixent....
Quarterly pre-tax profit almost doubles as global rates rise but shares fall on conservative outlook
...the commission’s efforts to introduce harmonised rules to address conflicts of interest covering sales of investment products to retail investors, as different standards currently applied under Mifid and insurance...
...Adani Group’s investors include state-owned entities such as the Life Insurance Corporation of India and the State Bank of India....
...A previous clutch in August included China Life Insurance, one of the country’s biggest state insurers, as well as PetroChina, Asia’s largest oil and gas producer, and Sinopec....
...The trust is now set to only get $700mn while a series of senior lenders and bondholders including Silver Point, Hudson Bay and Arini are set to take over the company at a $3bn enterprise valuation....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...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 failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Additional reporting by Hudson Lockett in Hong Kong...
International Edition