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...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...Brazil, which voted for the UN establishing a convention on international tax co-operation last year, currently holds the G20 presidency....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...He previously worked at insurance group Aviva for more than a decade....
...The EPPO said that a multinational criminal association had successfully applied for €600mn in EU grants between 2021 and 2023 by setting up a network of fictitious companies and alleging the funds were...
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
...The violence escalated in February when an alliance of rival gangs launched a series of co-ordinated attacks while Henry was in Kenya for talks on a UN-authorised multinational force to shore up his authority...
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...governments around the world are rolling out new laws based on the OECD’s “base erosion and profit shifting” agreements, under which member countries promised to impose a 15 per cent minimum global tax rate on multinationals...
...While KKR will soon raise flagship buyout funds in North America and Asia, it is seeing its fastest growth in newer businesses targeting credit, insurance and infrastructure-based investments, which are...
...Bennett Freeman Co-founder, B4Ukraine and Former Senior Vice President, Calvert Investments Washington, DC, US...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...The finance ministry estimated the move would affect 122 multinational companies and generate 14.6tn dong ($603mn) in state revenue....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...But we got there in the end and here it is now, for your wintertime pleasure, and as a little insurance policy for us against losing this recipe again....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...from state-owned insurance companies....
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