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...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...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...In 2018 an unnamed employee at insurance company Prudential earned £16.6mn, more than double the salary of the chief executive....
...There are of course other important announcements due this week, not least a steady flow of results, probably best described as a smorgasbord, from retailers and drugmakers to technology companies and insurance...
...Not to mention that large-scale job cuts at Citi as part of CEO Jane Fraser’s restructuring plan have hurt morale. To succeed, Raghavan doesn’t necessarily have to hire a bunch of splashy bankers....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...“It has a sobering effect . . . we see some slight moves — panic moves — for example, Russian insurance companies providing insurance against civilian attacks,” Lieutenant General Kyrylo Budanov, chief of...
...It has placed an uncomfortable spotlight on the company’s leverage. Signa’s borrowings run into the billions, according to two people familiar with the company’s balance sheet....
...As for the west, it needs to think creatively about how to extend war insurance for the swaths of the country not under threat, a critical factor in encouraging companies to commit to rebuild....
...It’s an unenviable sitch for the stonks, but expect the self-care to continue until morale improves....
...company Axa....
...Christensen, whose company Wind Power Support offered port services to this new wave of companies, says: “I’m fiercely proud of my town....
...Groups including Apollo, Blackstone, Carlyle and KKR have flooded into insurance since the global financial crisis. How to curb basis trade risk?...
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...The emergence of Risc-V has reopened the door for companies to compete in the CPU market....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...This sort of stuff is generally pathetic, but still saps morale. (The problem is that people can believe it....
...The stand-off has spawned an expanding legal battle that casts an unflattering light on insurance companies and physician staffing groups alike....
...When protesters’ morale began to sag, Li announced that he and his girlfriend were going to get married in a symbolic public ceremony....
...It was this tension that led to the bust-up between the PRA and ministers over the arcane issue of Solvency II, a set of rules that apply to large insurance companies....
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