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...He became co-chief executive of Standard Life Aberdeen with Keith Skeoch, but left the company in 2020....
...Ingosstrakh said it maintains higher standards on vetting clients than many rivals....
...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...
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Output per hour worked, a standard measure of labour productivity, has grown more than 6 per cent in the US non-farm business sector since 2019, according to official data....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...katie.martin@ft.com...
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...And on top of that, because this market is now so big and because it’s become so interconnected with the rest of the financial system because of the involvement of pension funds and insurance companies and...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Veteran dealmaker Gilbert, formerly co-CEO of Standard Life Aberdeen, is trying to cut costs and turn a profit from the business....
...Predictably enough, Moscow makes noises — which some Europeans unfortunately believe, too — that a windfall tax on a Belgian company will damage the credibility of the euro....
...The restrictions set out by the Federal Deposit Insurance Corporation on Thursday would apply to any takeover that created a bank with more than $50bn in assets, and increase for any deal above $100bn....
...martin.sandbu@ft.com...
...There is also an amount of debt owed by the actual water company....
...However, the minister said the new Advanced British Standard financial education may play a more prominent role in maths education....
...Martin Wolburg, an economist at Generali Investments, said the latest data, including separate figures showing a slight rebound in lending to companies at the start of this year, signalled that “the hiking-induced...
...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....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...But I can’t imagine any way of getting rid of universal health insurance because, well, the United States, I mean that’s a system without universal health insurance....
...Money Saving Expert’s founder Martin Lewis reckons this could be a mis-selling scandal on the scale of payment protection insurance (PPI), reporting that more than one million drivers have already downloaded...
...An earlier survey of banks by the ECB published last month showed they had continued to tighten lending standards in the final three months of 2023 and they expected to squeeze credit supply further at the...
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