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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
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...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...SirionLabs When US insurance company National Life Group needed a new contracting system in 2020, SirionLabs stood out for its AI-driven contract extraction and analytics system, which allows the business...
...The Massachusetts securities regulator said that when Gill was employed at a brokerage subsidiary of MassMutual, the company failed to oversee his or other agents’ social media use or review “excessive trading...
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...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
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...We could follow the life-preserving precedent of the ban on tobacco advertising and stop advertising high carbon products and lifestyles, from the fossil fuel companies themselves to gas-guzzling SUVs and...
...This is a healthy result of mutual distrust within the EU....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...The Massachusetts insurer, which acquired OppenheimerFunds for $150m in 1990, will also receive $4bn of preferred shares carrying a 5.9 per cent interest rate for 21 years....
...OppenheimerFunds’ owner MassMutual, a US life insurer, put the business with $248bn in funds under management up for sale earlier this year....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...Old Mutual has fired its chief executive Peter Moyo, a month after suspending him over a conflict of interest relating to a private equity company he founded called NMT Capital....
...Mutual Life Insurance Company (MassMutual)...
...The mutual life insurance and financial services group has sounded out advisers about a disposal, said two people familiar with the matter....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...of StanCorp Financial Group by Meiji Yasuda Life Insurance and the $3.8bn purchase of Symetra Financial by Sumitomo Life Insurance in 2016....
...Liberty IT has more than 400 employees that supply its Boston, Massachusetts-based parent company, Liberty Mutual Insurance, with technological solutions....
...Nippon Life has agreed to buy an 85 per cent stake in Massachusetts Mutual Life Insurance’s Japanese unit for ¥104bn ($982m) as it looks to cement its position at home while seeking growth abroad....
...Most recently, the group agreed to buy a 85 per cent stake in Massachusetts Mutual Life Insurance’s Japanese unit for $982m....
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