Hints and tips:
...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...
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...He and US billionaire Wes Edens, co-founder of Fortress Investment Group, acquired a 55 per cent stake in the club for £30mn in 2018, rescuing it from financial crisis....
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...California last month struck a deal with insurance companies to continue writing policies for property in disaster-prone areas, after big US names such as State Farm and Allstate stopped issuing any new...
...Co-founder Tan Chun Chiat says Malaysia has a “golden opportunity” to exploit....
...“I’ve never seen anything like this,” says Jarryd Anderson, co-chair of the financial services group at law firm Paul, Weiss....
...Starmer was originally proposing to have a shadow comprehensive spending review led by Jones....
...The UK’s Takeover Panel, which oversees local deal activity, has named Barclays’ co-head of M&A for Emea Omar Faruqui, as its director-general....
...Additional contributions from Gary Jones and Benjamin Wilhelm...
...But Sam Day, an insurance adviser living in the county, told the FT’s Claire Jones that she is in a “really scary spot” trying to save while she is “just struggling to get by day to day”....
...My colleagues Claire Jones and Harriet Clarfelt explain the “last mile” challenges that Washington’s rate-setters must overcome....
...When Lily Jones, aka Lily Vanilli, was thinking how to mark 15 years of her East London bakery – which has made cakes for everyone from Elton John and Madonna to the V&A and 10 Downing Street – she knew...
...Ham will continue in his role as co-chief executive of Deutsche Numis in London. Paul Hastings has hired eight partners from law firm Vinson & Elkins to build out its global finance team in Texas....
...And it’s this idea that in an inflationary period, companies use inflation, in a general inflationary environment, as a co-ordinating mechanism, as a way to all raise prices together....
...He was previously co-head of healthcare investment banking for Emea at Credit Suisse....
...Two things to start: WeWork has filed for bankruptcy, a humbling fall for the once high-flying co-working start-up co-founded by Adam Neumann and backed by billions of dollars from Japan’s SoftBank....
...Until August 25; further information and tickets here From Maria Callas to Elton John via Grace Jones and Cher, Diva celebrates “the power and creativity of iconic performers” across art, fashion, film,...
...The drama over Signa’s financial woes picked up earlier this month when the billionaire was forced out of the boardroom by his minority co-investors....
...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....
...an attempt to probe whether hurricanes and wildfires are making insurance unaffordable for American homeowners....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...“It is now much more fundamental than deregulation,” said Michael Tory, co-founder of advisory firm Ondra....
...Henry V....
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