Hints and tips:
...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.”...
...“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....
...It’s in Sheboygan, Wisconsin, outside the headquarters of an insurance company located alongside an interstate highway. This is a pittance, globally speaking....
...“We’re approaching a slowdown” — Greg Jensen, one of Bridgewater’s chief investment officers, told the Financial Times Jensen warned that inflation would be far stickier than economists and the market have...
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...of office life in the Swamp Notes newsletter....
...By the first quarter of 2020, there were only 4,624. But the industry remains far less concentrated in America than in the rest of the developed world....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Our insurance company wrote to say we would no longer be covered. The woman who looked after my 88-year-old mother told me she was going to leave....
...Insurance companies and pension funds — many of which have regulatory reasons to avoid investing in equities — lined up to buy it all....
...(FT) Adidas human resources chief resigns amid racism uproar The departure of Karen Parkin, the lone woman on the German company’s executive board, was in response to a letter signed by 83 employees who...
...Fitch’s Mr Beato says Genworth, which was spun off from GE years ago, Unum, Aegon Americas and Senior Health Insurance Company of Pennsylvania also have “below average” LTC reserve adequacy....
...discount of 23%), despite some life companies resembling asset managers....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...Now they are running that through machine-learning systems and coming up with products that can take life savings from a government-protected bank deposit and send it careening into cyber space....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...He points to a report by the Federal Reserve last year that highlighted the plight of middle-income America with a startling statistic: 40 per cent of Americans could not pay an unexpected $400 expense with...
...He was previously chief executive of Barclays Private Bank for Europe, Emea and Monaco. Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...In the law school equivalent of a virtual sports league, FantasySCOTUS (short for the Supreme Court of the United States) invites law geeks to predict the outcome of some of America’s most important legal...
...Insurance executives will face questions this week about the financial implications of the outbreak, especially after it caused an unexpectedly big hit to profits at Reinsurance Group of America....
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