Hints and tips:
...The company agreed last month to acquire Kuvare Asset Management for $750mn, extending its reach into the life insurance sector, a market coveted by many private investment groups....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...In Budget documents this month, chancellor Jeremy Hunt said HMRC would set up an expert advisory panel to support the administration of the reliefs....
...So a big headline-grabbing, in fact a couple of big headline-grabbing tax cuts with the business expensing rules that Jeremy Hunt extended, plus the reduction in National Insurance contributions rates....
...“Fun, ridiculous even, idiosyncratic and perfect for the period,” says co-curator Richard Chamberlain....
...The first two years of life after divorce were defined by petulant squabbles....
...According to the IMF, almost 10 per cent — $850bn — of US life insurance assets were owned or managed by private equity firms by the end of 2021....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...Argentina diary: the hunt for inflation-proof dollars All dollars are equal, but some dollars are more equal than others....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...And of course I criticise people like Rishi Sunak and Jeremy Hunt....
...US private equity investor J Christopher Flowers has warned that a dramatic increase in private credit investments by life insurers is creating systemic risk for investors....
...It will be completed by the end of this year and if demonstrated as viable we will co-fund this exciting new technology....
...Business bank accounts may typically exceed deposit insurance limits, especially the UK’s lowly £85,000. But you can bet they’ll be better diversified from here....
...The overhaul of the Solvency II insurance rules is one of the more concrete post-Brexit opportunities, writes Helen Thomas....
...At these prices, they will ultimately break the back of our ability to pay in both public and private insurance.”...
...The fundamental facts of life outside Paris escape many decision makers....
...Hunt’s reforms have been optimistically trailed as Big Bang 2 but they are nothing like as momentous as 1986....
...These are like acupuncture needles attached by tube to a canister of CO₂; treating musculoskeletal problems is one of the resort’s main offerings....
...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....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Today they include a butcher, two antiques shops, a bicycle repair and rental shop, a jewellery design shop and an insurance shop....
...It was an immense honour to lead the nation in mourning our monarch of more than 70 years, whose life of service stretched beyond most of our living memories....
...The co-ownership model means less competition for single family homes....
...was preparing to step-up a global hunt for alternative, higher yielding assets such as real estate....
International Edition