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...carrying out a “thorough” review of all its business units, he said, which include a wholly owned housebuilder, Cala Homes, alongside Britain’s biggest asset manager and its traditional retail and workplace insurance...
...A senior BND employee, Carsten L., was arrested last year following an investigation by the BfV on suspicion of spying for the Kremlin. His trial began in December....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Its share price and that of bigger rival L&G have snaked sideways for more than a year. Just trades at a 60 per cent discount to book value. Its life insurance peers are closer to parity....
...UN agencies have also been drawing down non-essential personnel....
...Estée Lauder and L’Oréal did not respond to a request for comment....
...The surge in market activity has raised questions about the insurance sector’s capacity to swallow all these schemes, and the regulator has called for insurers to exercise moderation in how much new business...
...L&G sells these to defined benefit pension schemes, capping their risks. A record £25bn have already occurred this year. L&G expects to transact about £11bn itself....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...According to Majestic’s similar booklet, its Alain Grignon Carignan has 9.4g/l, Domodo Negroamaro 8g/l, Domaine Marquis Ravardel 2020 Châteauneuf-du-Pape 7g/l and many others hover around 4g/l....
...L&G dominates bulk UK annuities market with about a quarter of the market. Specialists Pensions Insurance Corporation and Rothesay have a fifth each....
...FTSE 100 financial and insurance stocks dominated the top 10 net buy lists of the UK’s biggest investment platforms, with their generous dividends proving attractive to retail investors in an inflationary...
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...Lyft’s insurance cost per trip is about $2.43, or 50 cents per mile....
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...The life insurance group is the UK’s biggest asset manager, investing more than £1.2tn for clients....
...Four-fifths of the cruise ships under order between 2024 and 2029 are being built by one of the big European ship makers: Fincantieri, Chantiers de l’Atlantique, Meyer Werft or Meyer Turku, according to...
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...Nor, the medics asserted, should BMI alone be used to deny insurance reimbursement....
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...A spluttering economy raises concerns over credit quality across L&G’s huge bond portfolio....
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