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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...
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...The real estate arm of the French insurance company has agreed to purchase Bry-sur-Marne Studios, east of Paris, which produced director Sofia Coppola’s 2006 film Marie Antoinette, one of the Hunger Games...
...In full-year results on Wednesday, the life insurance and asset management group reported a 45 per cent rise in new business profit — a measure of expected earnings from newly sold products — to $3.1bn,...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...There will be serious social problems relating to health insurance, public pensions, education and military manpower.”...
...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...
...First, in the hunt for better than near-zero returns at home, Japanese institutions, including pension funds, life insurance companies and banks, have become major international investors....
...Insurance companies are creating demand for healthcare insurance, the fastest-growing category. Shares of AIA are down a tenth in the past year....
...After decades of spectacular growth and its emergence as a technological superpower, Xi’s China may settle into a new phase where its people feel that their quality of life is slipping into reverse, he writes...
...What’s more, they could save money year-round by not paying social insurance, medical insurance or pensions to casualised workers without full contracts....
...Then there is the Company School – work created for British and French administrators who took over when the Mughal empire faded....
...company....
...Starting with FX-unhedged and unleveraged investors such as pensions and to a lesser extent life insurance companies, an abrupt rotation away from US fixed income instruments into domestic alternatives would...
...Global Infrastructure Partners has hired Credit Suisse’s former chief executive for the Asia-Pacific region Edwin Low as a partner focused on emerging markets, Bloomberg reported....
...But its life insurance sales in the country — through a separate business partnership — rose by 80 per cent after lockdowns were lifted....
...The cost of changing hundreds of parts means carmakers typically produce a vehicle for 14 years, with modest changes half way through its life cycle....
...For Sony, some of that investment can be recouped through its TV and movie studios: the recent hit series The Last of Us began life as a PlayStation game....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...When news of Covid-19 first emerged from Wuhan, Li mobilised his connections on both sides of the Pacific....
...Last year, the company also completed an acquisition of New York-listed Cigna’s life and health insurance businesses across six Asia-Pacific markets, including Taiwan....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...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....
...Fear of speaking out against Modi is common in public life....
...Over the weekend, the authorities shuttered the Tehran office of leading online insurance company Azki after a photo of female employees without the hijab appeared on social media....
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