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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Financial Times readers will recognise Apax as one of the UK’s biggest buyout groups, which has taken companies such as Tommy Hilfiger private....
...Kessler chaired the French Federation of Insurance Companies during two periods in the 1990s and through to the 2000s, and was president of the group behind the Rendez-Vous de Septembre, the pre-eminent...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...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....
...Andreas Wuchner, of cyber security monitoring group Panaseer, says that some insurance buyers are now asking questions about the value of the product....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Chubb has agreed to pay $5.75bn for the life insurance and accident and health insurance businesses of Cigna in the Asia-Pacific region and in Turkey in the US group’s latest move to expand in the region...
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Chubb, the largest US non-life insurer by market capitalisation, has approached rival Hartford Financial Services Group with an unsolicited $23.2bn takeover offer, in what could be the first mega-deal in...
...Chubb, the insurance group led by Evan Greenberg, made a $65-per-share offer for Hartford in March, but the Hartford board said its go-it-alone strategy would build more value for investors....
...The company’s biggest business is in commercial lines insurance, where steep price rises have followed a wave of pandemic-related claims....
...Hartford Financial Services Group on Tuesday rejected a $65-a-share offer from Chubb, saying it “would not be in the best interests of the company”....
...The head of V.Group, the world’s largest ship manager, has urged Nato to provide naval escorts for vessels passing through the Black Sea, off Ukraine’s coast, a region with global importance for food supplies...
...They are looking for a long-term, not temporary solution to their unsatisfactory life in China.”...
...So you have Suella Braverman coming out and saying people live the life of Riley, essentially....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...While theatre owners and companies welcomed the extra money ploughed into the sector, the Budget announcement did not address the lack of Covid-related insurance for big productions....
...For three decades, Snoopy was the mascot for MetLife, the big US life insurance company, featuring in its TV adverts and on the side of an airship....
...Other ecommerce companies such as Ozon — “Russia’s Amazon” — and Swedish group Trustly are expanding after pandemic success....
...Marsh was the supply chain finance group’s commercial insurance broker, responsible for finding cover against non-payment by its borrowers....
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