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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...
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...Medium-sized German insurer LVM holds a 2.9 per cent stake in Signa Prime Selection, one of the two companies that owns most of the Signa group’s assets....
...Although prestigious and highly valued, the prime London estate yields less income than riskier ventures and assets....
...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...
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...As such, co-op owners have control over who they allow in....
...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...
...presented by former prime minister Liz Truss’s government....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...This means that offloading liabilities, and the assets backing them, to insurance companies is becoming a viable option for more businesses....
...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...
...In the immediate aftermath of the UN climate summit talks that went through the night, Teresa Ribera, Spain’s deputy prime minister and co-leader of the EU delegation, spoke to select reporters on December...
...Some Tory MPs believe income tax should have been cut rather than national insurance. “People don’t really understand national insurance,” complained one....
...Greensill Capital, which once boasted former prime minister David Cameron as an adviser, collapsed after it failed to extend the insurance cover that was crucial to its business of securitised loans....
...Including mortgage payments, mortgage insurance and property taxes, he pays $3,500 per month more today than what he spent on rent at the family’s last home....
...He added: “That depends when the prime minister chooses to call the election.”...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...But in terms of the internal battle within the Tory party, the national insurance cut has done its job, in that Rishi Sunak is still prime minister....
...Part II” of a co-ordinated package....
...We will continue to explore all options and invite allies and partners to co-fund initiatives....
...Corporate earnings: Taiwanese contract manufacturer Foxconn, Hong Kong insurance giant AIA and conglomerate Swire report results....
...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....
...Demis Hassabis, the co-founder of Google’s DeepMind, has been awarded a knighthood. Ted Sarandos, co-chief executive of Netflix, was made an honorary Commander of the British Empire....
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