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...The US and UK have signed a landmark agreement on artificial intelligence, as the allies become the first countries to formally co-operate on how to test and assess risks from emerging AI models....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Exclusive: The US and UK have signed a landmark agreement on artificial intelligence safety, making them the first countries to formally co-operate on how to test and assess risks from emerging AI models...
...Brandon, who co-operated with investigators and was not charged, declined to comment....
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Bhalla is set to depart as chief executive of American Equity Investment Life when its $4bn sale to Brookfield Reinsurance closes in the coming days. The deal clinched him a $55mn bonus....
...Last month, Wegovy received FDA approval to help reduce heart attack and stroke risk in patients with cardiovascular disease, enabling it to be covered by insurance for the more than 50mn Americans on Medicare...
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...Big private equity-cum-asset managers buy insurance companies (see also: Apollo/Athene, Brookfield/American Equity) not to cross-sell, but to gain a source of stable capital....
...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....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...But the motivation behind the Super League — money, power and an inability to copy the “closed league” system favoured by American sports — haven’t changed for the rebel teams or their billionaire backers...
...Combs’ background is insurance; the 53-year-old got his start at Progressive....
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
...Better policy co-ordination may be necessary. But there are also questions for central banking....
...The sector faces political and ESG challenges Pension funds, insurance companies and other investors in private equity groups are pressing them to invest in the energy transition amid heightened environmental...
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...Blackstone has appointed Philip Sherrill as global head of insurance. He previously worked for Global Atlantic Financial Group as chief strategy officer....
...Long-standing tax credits for US wind and solar-power projects were extended for years under the Inflation Reduction Act, the landmark climate law that passed in 2022....
...Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...The American artist Tyler Mitchell will have his first solo show in Germany, a collection of expository work ranging from editorial commissions (a series on skateboarders and street life in Havana, taken...
...It’s not an especially famous landmark, the eighth-most prominent peak in the country’s least populous state. But, being a mountain, it has seen its share of events....
...The same goes for the perks used to justify the high annual membership fees on these kinds of cards, such as entrance to airport lounges, travel insurance policies and so on....
...The Banking Policy Institute said that it would have “real costs for everyday Americans”....
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