Hints and tips:
Related Special Reports
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...the company in as many years....
...Normally Alphaville doesn’t care too much about insurance company results, but Allianz’s ownership of Pimco — the biggest bond investment group in the world — makes it a good way to understand broader fixed...
...Future of Asset Management North America Hosted by the Financial Times, in collaboration with Ignites and FundFire, Future of Asset Management North America is taking place on September 27-28 at etc.venues...
...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...
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...In a speech earlier this year, the Bank of England’s Prudential Regulation Authority, which oversees insurance companies, called for moderation “in the face of considerable temptation” to do deals....
...But David realises he is one of the “lucky ones”: his health insurance covered the $18,000 cost of his three-week stint at Williamsville....
...largest wealth manager outside North America....
...On the insurance side, none of the public insurers are close to the 10% limit, which means it would probably be a heavy lift for them to scale up to maintain eligiblity....
...Globally, insurance companies manage assets of about $44tn, according to the International Association of Insurance Supervisors....
...Higher rates wiped almost $7bn from the company’s “embedded value” last year. Embedded value is a key metric in insurance. It is also controversial....
...The designation would hinge on FSOC’s determining that “material financial distress at the company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the company...
...Data compiled by NAIC shows CLO holdings of insurers have surged to more than $200bn, though that figure represents only about 3 per cent of the aggregate investment portfolio of the companies in the insurance...
...of pharmaceuticals for the Americas....
...“The EU is implementing Basel III in a way that these requirements apply to all banks — that provides an additional layer of safety in the prudential regulation of EU banks,” said Dombrovskis....
...“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....
...Over the weekend, Oliver Roeder and I reported that pledges by companies to produce clean tech and semiconductors surpassed $200bn in the US since President Joe Biden approved historic subsidies in August...
...The current tallest flagpole in the US stands at a measly 400ft. It’s in Sheboygan, Wisconsin, outside the headquarters of an insurance company located alongside an interstate highway....
...The company, which provides life insurance in mainland China, has retreated 14 per cent since the start of the year....
...rana.foroohar@ft.com Letter in response to this column: Here’s an idea to recoup the cost of shadow work / From Oliver Corlett, San Francisco, CA, US...
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Prudential chief executive Mike Wells is to step down, after breaking the UK’s biggest listed insurance company into three parts during his seven-year tenure....
...Prudential’s next chief executive will be based in Asia for the first time after Mike Wells said he was stepping down following seven years at the top of the UK’s biggest listed insurance company....
International Edition