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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The former US president’s team have spent “countless hours negotiating with one of the largest insurance companies in the world”, the lawyers wrote in a filing, citing a broker they hired, but have concluded...
...Private capital managers use Bermudian operations to reinsure life insurance and annuity business from companies that they already own as well as from rivals....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...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 —...
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...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....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...Unable to lure enough local labour to lay tracks through the treacherous Rocky Mountains, the railroad company petitioned the government to allow it to recruit Chinese workers....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...No part of America is mythologised quite as much as the West....
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
...But medtech remains one of the biggest growth segments within life sciences in the UK....
...The London-listed company said winning new North American customers had proved more difficult in the third quarter, pointing to “softer” demand and people moving house less frequently because of soaring...
...for work and family life....
...‘Akoma’ is released on March 22; Jlin performs at the Roundhouse, London, on April 23 Find out about our latest stories first — follow @FTWeekend on Instagram and X, and subscribe to our podcast Life &...
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...One of those places sorely in need of help is the seaside town of Blackpool where life expectancy is the lowest in England....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...This also helps to cut down on air travel, which is typically one of the biggest sources of carbon emissions for companies....
...The analysts at Employ America have also highlighted auto insurance’s role in the recent gap between the CPI and the Fed’s favoured PCE indicator — and reckon that part of the gap could very possibly narrow...
...The finance chief of Italy’s biggest insurer has expressed concerns about potentially conflicting interests when life insurance companies are owned by private equity funds, as anxiety grows about the consequences...
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