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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...
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...The real estate arm of the French insurance company has agreed to purchase Bry-sur-Marne Studios, east of Paris, which produced director Sofia Coppola’s 2006 film Marie Antoinette, one of the Hunger Games...
...In full-year results on Wednesday, the life insurance and asset management group reported a 45 per cent rise in new business profit — a measure of expected earnings from newly sold products — to $3.1bn,...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...There will be serious social problems relating to health insurance, public pensions, education and military manpower.”...
...Two examples from this month: [February 28:] Four major Japanese non-life insurance companies will sell their entire cross-shareholdings worth about ¥6.5tn (about $43bn) over the next few years, following...
...First, in the hunt for better than near-zero returns at home, Japanese institutions, including pension funds, life insurance companies and banks, have become major international investors....
...Insurance companies are creating demand for healthcare insurance, the fastest-growing category. Shares of AIA are down a tenth in the past year....
...After decades of spectacular growth and its emergence as a technological superpower, Xi’s China may settle into a new phase where its people feel that their quality of life is slipping into reverse, he writes...
...What’s more, they could save money year-round by not paying social insurance, medical insurance or pensions to casualised workers without full contracts....
...Then there is the Company School – work created for British and French administrators who took over when the Mughal empire faded....
...Global Infrastructure Partners has hired Credit Suisse’s former chief executive for the Asia-Pacific region Edwin Low as a partner focused on emerging markets, Bloomberg reported....
...company....
...Starting with FX-unhedged and unleveraged investors such as pensions and to a lesser extent life insurance companies, an abrupt rotation away from US fixed income instruments into domestic alternatives would...
...But its life insurance sales in the country — through a separate business partnership — rose by 80 per cent after lockdowns were lifted....
...The cost of changing hundreds of parts means carmakers typically produce a vehicle for 14 years, with modest changes half way through its life cycle....
...For Sony, some of that investment can be recouped through its TV and movie studios: the recent hit series The Last of Us began life as a PlayStation game....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...When news of Covid-19 first emerged from Wuhan, Li mobilised his connections on both sides of the Pacific....
...Last year, the company also completed an acquisition of New York-listed Cigna’s life and health insurance businesses across six Asia-Pacific markets, including Taiwan....
...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....
...Over the weekend, the authorities shuttered the Tehran office of leading online insurance company Azki after a photo of female employees without the hijab appeared on social media....
...Fear of speaking out against Modi is common in public life....
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