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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....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...Such unusual occurrences are at the heart of the Met’s new exhibition, Sleeping Beauties: Reawakening Fashion, which attempts to bring to life archival gowns — some of which lie flat in cases, too fragile...
...It is the second big transaction by a private capital-backed firm to take on long-term life insurance business that has failed in recent months....
...The Met Gala can usually be relied on to provide the weirdest red-carpet looks of the year....
...The steep rise in the cost of home insurance in the US and elsewhere can be traced, in part, to a move two years ago by P&C reinsurers to increase the price of cover against natural catastrophes and toughen...
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...The Met sculptures oscillate between creepiness and wit; one moment you see a tragic relic of a childhood cut short, the next a whimsical fantasy come expansively to life....
...To highlight the implications of climate change for life and health insurance, the Geneva Association, together with Wellcome, the research foundation, published a paper in February....
...But it met its short-term goal of filling 35 per cent of leadership roles with women. UK insurer Aviva’s return to Lloyd’s after a two-decade absence is a vote of confidence....
...— The Japanese Bid for Foreign Bonds After the End of Yield Curve Control (Brad Setser and Alex Etra) — Why do people let their life insurance lapse?...
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...In addition to taking on life insurance premiums through reinsurance agreements with primary insurers, it plans to offer outsourced investment management to insurers looking for expertise in private assets...
...Importantly, FCI I never participated in the origination of any life insurance policy....
...Insurance group Zurich’s sale of a $20bn life insurance book to Viridium has collapsed, with the private equity-backed German consolidator citing “considerations relating to [its] current ownership structure...
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...“I’ve met a lot of women with the natural ability but perhaps not the confidence,” says Sutcliffe. “They often have a better sense of smell and taste – but are less fact-driven than men....
...“similarities” between the sales pitch that was used then and Corinthia’s success in attracting an entire team of senior executives from Barings, which is owned by MassMutual, one of America’s biggest life...
...At a meeting, when I suggested the customer is king, my comments were met with ironic laughter. The customer was, it seems, a pain in the arse! I’m now 99 years old....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Brussels-based Ageas said a deal would strengthen its position in the European market and help it rebalance towards non-life insurance business....
...And because it’s the Met, one of the finest vocal actors around, bass-baritone Patrick Carfizzi, is the brusque, sardonic Fra Melitone....
...Marin Alsop is in the pit — astoundingly, her first time at the Met, which earned a hero’s welcome — and has deep command of Adams’s music....
...Met Commander Owain Richards says he understands the impact phone theft can have on victims....
...The two met in 2008, “through buddies”, says McKillen, among them Bono, at Sotheby’s philanthropic Red auction co-curated by the U2 frontman and Hirst....
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