Hints and tips:
...By early April, however, none of Gatik’s ships held insurance from any of the recognised large mutual providers....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The result is an impasse built on mutual mistrust that officials and analysts say Russia has little incentive to unblock anytime soon....
...As ever, send your thoughts, queries and philosophical riddles to Imani (imani.moise@ft.com) or me (sid.v@ft.com). Happy reading!...
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
...Although doubtless many tried to persuade him to sell, Barton was financially independent, never having to go cap in hand to a bank or one of the insurance companies that now own so many Bordeaux châteaux...
...The Chinese government also last year began allowing foreign businesses to fully own their mutual fund companies, which BlackRock gained initial approval for in August....
...A financial services team would sell you insurance and take care of your savings. If you got married, had a baby or wanted a midlife makeover, the company could schedule a consultation....
...The strength of its mutual structure and a diversified model offering everything from savings and investments to insurance are rewarding investors with outperformance....
...FossilFreeFunds.org lets investors find mutual funds and ETFs that avoid or limit fossil fuel investments....
...Like with its other offerings, the company earns fees based on percentage of the premiums and contributions that users pay to the insurance firms distributing the products....
...China Merchant Bank’s wealth management unit launched a mixed-strategy product with JPMorgan Asset Management in June after signing a co-operation memorandum last year....
...Reflecting a desire to (i) protect against no improvement in trading for 18 months, (ii) enable the company to support stakeholders to their mutual advantage and (iii) retain full operational flexibility...
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...Together, pension funds, sovereign wealth funds, mutual funds and insurance companies boast of more than $100tn of assets under management, according to a recent report from PwC....
...Land sales are now running at less than a quarter of average levels, according to China Merchants Bank....
...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....
...Both companies suggest the improvement since April has been driven largely by merchants as they cater to smaller housebuilders and RMI projects coming back online....
...Meanwhile, Northwestern Mutual, the huge and famously conservative mutual life insurance company, is launching its second, $150m venture fund focusing on fintech and insurtech....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...The report issued by the Norwegian Shipowners’ Mutual War Risks Insurance Association, or DNK, said the attacks could have been intended as a message to the US and its allies that Iran did not need to block...
...Last year, Bob Diamond’s Atlas Merchant Capital bought $3bn worth of annuities from The Hartford, a US insurance company, pledging to manage its assets in-house....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
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