Hints and tips:
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...largest wealth manager outside North America....
...Although the proportion of risky assets rose in recent years as life insurance companies frantically hunted for yields in what was then a low-rate world, it was at similar levels just before the 2008 financial...
...At the time it came out, in 2010, Restrepo was everything the Hollywoodisation of America’s war on terror — in blockbuster fiction films like 2008’s The Hurt Locker — wasn’t....
...Foreign investors fear that America could extend sanctions against Chinese digital technology to its pharmaceuticals. This would hurt science and healthcare. But there is no cure for human folly....
...She hopes her experience of juggling her transition with work and family life can be a road map for other trans people as well as companies trying to help them on their way....
...Insurance Life insurers are big holders of bonds, which they use to back liabilities such as pension obligations. Their share prices were hit hard following the collapse of SVB....
...It’s not what we think of when we think of a company like, you know, some insurance company in some city or some factory or whatever....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“My whole life felt like some version of performing....
...“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....
...At both companies, securities are 55-60 per cent of total assets....
...It’s fascinating that State Farm, one of America’s largest insurance companies, has announced that it’s going to stop selling coverage to homeowners in California....
...It wouldn’t accept insurance or take money from pharmaceutical companies. And it would have its own medical advisory council as an alternative to the US Centers for Disease Control and Prevention....
...(The insurance company charged her for the full year nonetheless — even when dispossessed, you remain in hock.) “It’s not the car, it’s the system,” she says. I disagree....
...If we all take action to manage the rise of business in healthcare, in our lifetimes we will see companies drive more life-saving cures and more incredible technology, here for us when we want and need it...
...leg kicker hurts....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Several of the worst-performing companies in the index, including Hippo and Root, focus on personal lines of insurance such as home and auto....
...Companies that were ‘life term, or companies expected to survive generations, didn’t want to be seen as investing in things that are not good for public health.’...
...of office life in the Swamp Notes newsletter....
...Berkshire remains a top shareholder of Bank of America, American Express and US Bancorp....
...“If you want to spend a lot of money and not worry about the deficit then that’s a great deal,” said Mainella, a former state police officer turned insurance agent....
...UnitedHealth Sector: HealtHCARE / HQ: Minnetonka, us America’s biggest health insurer has benefited from an uplift in healthcare spending and increased collaboration between its insurance and services...
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