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From ‘sea to sky’, Canada’s west coast metropolis offers something for everyone
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...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....
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...“What we have here is the plot of the movie Footloose [about a ban on dancing in a small town] in real life in Seattle,” he says....
...My wife and I relied on our credit card insurance policies when travelling to the Middle East and North Africa to visit our family....
...By the mid-1800s, the US bracketed the landmass called North America....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...The town of Waitsfield in Vermont lies five hours north of New York by car. Mad River runs through it; there is a library, a covered bridge and a beauty parlour. The church spire is painted white....
...) — America’s Manufacturing Renaissance Will Create Few Good Jobs (Dani Rodrik for Project Syndicate) — Alex Spiro profile (New Yorker $) — Billionaire Boies (Puck $) — The life and death of Hollywood...
...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 —...
...— The Japanese Bid for Foreign Bonds After the End of Yield Curve Control (Brad Setser and Alex Etra) — Why do people let their life insurance lapse?...
...In the UK, the median cost of home insurance policies rose 36 per cent over 2023, according to Go Compare. In America, some states have experienced 40 to 60 per cent increases since January last year....
...The council — which includes Fritz Alphonse Jean, a former central bank governor, former senate president Edgard Leblanc, and insurance businessman Laurent Saint-Cyr — will also wield limited presidential...
...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....
...life....
...No part of America is mythologised quite as much as the West....
...The National Basketball Association has banned a player for life for gambling on the sport, the first time the league has handed down the maximum penalty since legal sports wagering began in the US....
...Morán is terrorised by the prison kingpin, a doppelgänger of the bank’s sourpuss boss Del Toro (both played by Germán De Silva) and, while at work, Román attracts the enmity of a hard-nut insurance investigator...
...Or crashing, say if inflation returns (America?) or geopolitics worsens. Any of these scenarios is possible....
...which is owned by MassMutual, one of America’s biggest life insurers....
...Brussels-based Ageas said a deal would strengthen its position in the European market and help it rebalance towards non-life insurance business....
...The SMI, a private-sector grouping of chief executives, highlighted what it believed to be insurance industry gaps in a report issued last year....
...“I think the most educated women in America have heard of egg-freezing.”...
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