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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...“They want to live the good life and when they’re dropping a lot on rent, it’s easier for them just to pick up and go.”...
...There were some longer dresses: strapless or with a deep V neckline, held together by delicate lace....
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...The insurance sector is expecting a hefty bill....
...Sam Jones is the FT’s Austria and Switzerland correspondent and acting Berlin correspondent Find out about our latest stories first — follow @ftweekend...
...Additional contributions from Gary Jones and Benjamin Wilhelm...
...In addition, the regulatory changes should bring the US closer to the wider vision of Open Finance: having your entire financial life — spanning your deposit account, pension, mortgage, insurance and share...
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...Two examples from this month: [February 28:] Four major Japanese non-life insurance companies will sell their entire cross-shareholdings worth about ¥6.5tn (about $43bn) over the next few years, following...
...Pharmacists in Illinois have been allowed to dispense Narcan without a doctor’s prescription since 2017, she tells me, and many insurance companies cover the cost....
...“Too many people have piled into private credit and it has a special feature that a chunk of it is funded with life insurance assets,” Flowers said in an interview with DD’s Antoine Gara....
...“This stuff would not be on if the government had not put it on,” said Julian Jones of Jones Associates, a property management company which is working with the Brocklehurst residents....
...The exhibition Africa Fashion at the V&A in London was a barometer of this shift....
...Archie Norman, the former Asda supermarket boss who became a Tory MP, was among those who struggled to adapt to life at Westminster....
...Aled Maclean-Jones is co-founder of Ashore, a platform that lets companies book short stays for staff in British holiday homes suitable for work....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...But unlike regular investment banks, groups such as KKR — which has diversified to include a $200bn credit investment business and its Global Atlantic life insurance affiliate — can do it all in-house, Lex...
...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....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“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....
...“My whole life felt like some version of performing....
...an attempt to probe whether hurricanes and wildfires are making insurance unaffordable for American homeowners....
...Russia has vowed to continue exporting its oil even if it is cut off from western insurance markets and has said it will not deal with any country abiding by the cap. 3....
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