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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...
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...Silver Lake agreed to buy the company at a $13bn valuation alongside executives of Endeavor and new investors, including billionaire Michael Dell’s family office....
...In today’s newsletter: Life for Berkshire after Munger Silver Lake’s huge VMware windfall KKR strikes a $2.7bn deal The power shifts within Berkshire as Buffett leans on a new generation Charlie Munger...
...He and other local activists say they will step up their campaign to halt LNG developments by not just opposing their planning and licensing but also targeting the banks, private equity and insurance companies...
...Even when an artist is alone in their studio, they always have company....
...Private equity’s newest gold rush Private equity groups have turned to novel deals where they can create large companies almost out of thin air....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...As a result, she says, the V&A has acquired works including the Beautiful ring from the A Beautiful Life series by London-based American jeweller Jacqueline Rabun and an Ebony Revolution necklace by Simone...
...BP, the former Anglo-Iranian Oil Company, absorbed Burmah in 2000. Distillers Company was bought by Guinness in 1986 which ultimately became Diageo with the merger with Grand Metropolitan in 1997....
...insurance and annuities subsidiary....
...The insurance group’s life insurance division registered its highest ever profits, driving up group operating profit 12 per cent to $6.5bn....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...She is the company’s first outsider and first female CEO, one of only 52 women leading Fortune 500 companies....
...A lake lies in a hollow, and in a patch of snow an ageing muskox — a prehistoric shagpile of a creature — cools itself from the 24-hour sun’s balmy 4C....
...“It’s not so easy to demonstrate good outcomes for customers in financially vulnerable circumstances,” adds Tom Lake, director of non-profit body Fair4All Finance....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Now the company reverts to the standard Italian translation....
...Taking the long view The drugs began life at Novo Nordisk 32 years ago — by coincidence, when Jørgensen joined the company....
...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....
...Lake Forest, besides Winnetka....
...“We bought 50 pieces with our own savings and brought them back to Baraka,” says Mashangao, referring to the town in South Kivu on the shores of Lake Tanganyika where he is from....
...“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....
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