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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...He had been a contender to replace Leon Black as chief executive last year but the job went to Marc Rowan, the architect of the company’s insurance ventures....
...John Mack, another former Credit Suisse chief executive who went on to run Morgan Stanley, has a blunter assessment of the reasons for its fall: “Their performance says it all.”...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Phipson said companies were far more concerned with reducing the costs of doing business at a time of rocketing inflation, which included business rates, VAT and National Insurance....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...According to research from Canada Life, an insurance and retirement services company, more than half of UK adults do not have a will, and 13 per cent say they have no plans to write one....
...But despite the rising risks and complexity, Mark Bennett, technology and real estate counsel at Hogan Lovells in Sydney, says companies building data centres will be guided first and foremost by return...
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...Then there is the Company School – work created for British and French administrators who took over when the Mughal empire faded....
...First and foremost, we must make market-based financing more attractive for EU businesses....
...It wouldn’t accept insurance or take money from pharmaceutical companies. And it would have its own medical advisory council as an alternative to the US Centers for Disease Control and Prevention....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...In Stoke-on-Trent, the boxy, red-brick All Saints Church seems at first an unlikely location for the city’s foremost cultural event....
...Surely they need low interest rates to carry on their kind of R&D spending and kind of be a proper, important company. But now, it’s clearly a proper, important company in and of its own right....
...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....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“The media has created a different narrative, but the customers are fundamentally happy,” Gray said on the company’s fourth-quarter earnings call in January....
...Economic predictability, meanwhile, requires support ranging from war insurance to security guarantees and boosting Ukrainian air power....
...“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....
...Mack knifed Bathmane Mack… ha… I will never forget being promoted to MD at Morgan Stanley, the black-tie dinner was at the museum Temple of Dendor in NYC under Mack....
...About 95 per cent of customer deposits were over the $250,000 federal insurance cap....
...He says that now there is nothing more important than victory, and first and foremost it is necessary to win, and then everything else will follow....
...In 2008, she founded RAW Material Company, an independent art space in the city....
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