Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Things going wrong, and putting them right again, is the essence of insurance. How companies manage their claims is crucial not only to profitability but also to keeping customers onboard....
...The primary purpose of a discretionary stimulus should be to ensure that the recovery is V-shaped. But there are a number of reasons to fear that the recovery will peter out....
...Containment of the number of new cases has been impressive in mainland China, and we now expect a V-shaped recovery from the second quarter onwards there....
...In our view, the increased profitability is largely a function of the company’s adoption of IFRS 15....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...The key is to help generate a rapid pace of new company formation and to keep the flow of credit and finance flowing through the economy....
...estate and hotels, as well as insurance and financial services”....
...For this, Charles Dickens, the creator of a famous fictional legal battle — Jarndyce v Jarndyce — might be responsible....
...The City of London’s main lobby group this week signalled a retreat from fighting to retain the EU financial “passport”, one of two models that would allow companies to continue to sell their services throughout...
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...Low interest rates have made it possible for buyout companies to refinance the debt of all their highly indebted companies at attractive rates....
...In his four years-plus at the top of Royal Bank of Scotland, the group has been condemned for everything from Libor-rigging and mis-selling payment protection insurance to failure to bring about a UK economic...
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...Among the corporate figures given CBEs is Vanni Treves, former chair of Equitable Life, who joined the company in 2001 just after the UK’s oldest mutual insurer had closed to new business....
...This is the country’s most popular tourist attraction and is South African owned once again; Growthpoint, South Africa’s largest property company, and the PIC each bought a 50 per cent share in the V&A for...
...Mutual fund managers are naturally pleased with the changes. They argued that before the new norms, the playing field had been tilted in the favour of Ulips and the insurance companies....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...Mark Tucker, Pru’s group chief executive, personally recruited Phong in 1996 in Hong Kong, where he was actuary for the Asian operations of Manulife Financial, the Canadian insurance company....
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