Hints and tips:
...“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....
...That’s why the company is seeking to buy what it calls “mini-MatchMoves” in markets in central Europe, Latin America and the US, he said....
...“It’s not like the standard V-shaped recession in emerging markets, such as in Indonesia in 1998 where it’s only a year and a half of real economic hardship,” he said....
...The status of the workers who provide the services offered by so-called gig economy companies such as Uber has been a point of contention for many years....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...Cebile Capital, a private equity placement agent, has hired Steven Westerback as president, head of the Americas....
...Richard Gnodde, chief executive of Goldman Sachs International, has picked up responsibility for the rest of the firm’s activities outside North America....
...We also need the tech companies to acknowledge the disruption they cause and do far more to benefit all aspects of our lives. john.thornhill@ft.com...
...of extended warranties, credit life insurance and dealer-installed accessories into contracts.”...
...closely allied fund buying a 20 per cent stake in a Chinese internet TV company Wasu Media Holding Co for more than $1bn on Tuesday....
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
...growth. http://on.ft.com/RFLmwG Japan insurers shortlisted for Indonesia Panin Life stake Japan’s Dai-ichi Life Insurance and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority...
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
...– notably Samsung Life Insurance, which owns 7.5 per cent of the company....
...Wells agreed to buy BNP Paribas’ North American energy business last week, including $9.5bn of loans to oil and gas companies....
...Last year, prosecutors sued Deutsche Bank and Allied Home Mortgage, one of the nation’s largest private mortgage lenders, seeking billions of dollars in damages....
...AMR Corp, the bankrupt parent company of American Airlines, has offered to freeze, rather than terminate, the pension plans of many of its employees in a significant concession to the US pension insurance...
...“Clearly as the customers of insurance companies get larger, you need a large pool of capital to be relevant to them.”...
...that defrauded a federal insurance programme out of hundreds of millions of dollars....
...The company, which is part of Berkshire Hathaway’s insurance operations, can start discussing its proposal with Transatlantic on Friday....
...Scott Carmilani, chairman and CEO of Allied World, will be president and CEO of the combined company and Orlich, 63, will retire once the deal is completed, the companies said....
...The move raised the prospect of a bid battle between National Indemnity and rival buyers Allied World and Validus....
...For Visa: The company’s aim to generate 50 percent of its revenue from markets outside of the United States by 2015 will partly be enabled through its ability to build, buy and deploy new technologies...
...Following a bidding war with another company, Validus acquired IPC for $1.7bn....
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