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...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...“It’s something that domestic television companies are unable to touch but only foreign networks can,” said Cheng, an office worker in Chengdu who did not want his full name published....
...insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...They include targeting shipping companies that sell their old ships to Russia’s “shadow fleets”, and countries that allow these ships to fly their national flag....
...Mingazov was appointed to Life & Nutrition’s board this summer shortly after the Kremlin handed control of the business to Yakub Zakriev, Kadyrov’s 33-year-old nephew, as Moscow retaliated against western...
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...Some wanted to limit working hours in order to offset increases in the hourly minimum wage, and others sought to spend less on non-wage benefits such as sick pay, pension contributions and national insurance...
...Video produced by Tom Hannen Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...Hong Kong is fast-tracking a tough new national security law that imposes life imprisonment for treason and increases sentences for crimes such as sedition, fuelling concerns that civil liberties are being...
...The play recounts Dossier’s 2020 investigation into OMV, Austria’s national oil and gas company, and its boss Rainer Seele, whose shadowy relations with Moscow remain the subject of controversy to this day...
...Tsitsikamma National Park, the miles and route spiralling down to the Indian Ocean....
...The group still owns a wine estate, Vergelegen, in the hills of the Western Cape outside Cape Town....
...Whether you drive a Beamer or a banger, the soaring cost of motor insurance may have caused you to gasp when your policy came up for renewal. I lost a day of my life searching for cheaper cover....
...I want to see the win against Switzerland being used against all European countries and in national courts,” she said....
...For most workplace pensions that allow direct contributions from salaries, extra payments are also exempt from national insurance premiums, Little points out....
...The most prominent case is led by Portuguese nationals, aged from the early teens to mid-20s, bringing the claim that the 32 governments, including 27 EU member states plus Norway, Turkey, the UK and Switzerland...
...This is true too of the National Gallery, the single building most emblematic of British cultural life....
...The minimum premium for the main health insurance policy has more than doubled since 2018, compared with a 24 per cent increase in migrant workers’ average wages over the same period, according to the National...
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