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...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“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....
...However, given the expense and procedures associated with hiring in-house doctors, most large UK companies still prefer to offer private health insurance....
...Apollo and KKR now each have more than 4,000 employees, around triple their levels five years ago after both acquired large life insurance companies, according to securities filings....
...At both companies, securities are 55-60 per cent of total assets....
...In 2008, she founded RAW Material Company, an independent art space in the city....
...SVB, the banking partner for half of US venture-backed tech and life sciences companies, has suffered from a slowdown in venture capital funding, as well as cash burn at many of its clients and losses on...
...It’s fascinating that State Farm, one of America’s largest insurance companies, has announced that it’s going to stop selling coverage to homeowners in California....
...By comparison, Bank of America has estimated that around 38 per cent of its $1.9tn in deposits were not covered by FDIC insurance....
...They would eventually justify investments in public parks, wider sidewalks and other improvements....
...It’s in Sheboygan, Wisconsin, outside the headquarters of an insurance company located alongside an interstate highway. This is a pittance, globally speaking....
...In my own neighbourhood, there’s been a huge hoopla of late over the killing of a dog in Prospect Park by a man with a history of erratic behaviour....
...Ahead of annual union wage talks in the spring, a spate of big Japanese companies have recently announced proactive pay increases, including staid firms such as Nippon Life Insurance (a 7 per cent bump)....
...“We design for life safety,” says Aktas. “In these kinds of extreme events a degree of damage helps to dissipate the energy of the earthquake....
...(The insurance company charged her for the full year nonetheless — even when dispossessed, you remain in hock.) “It’s not the car, it’s the system,” she says. I disagree....
...Life....
...Job moves Bank of America has appointed Baxter International chief executive and chair José Almeida to its board of directors....
...estate and insurance sectors....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...company....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...This time it’s focusing on institution assets geared towards tenants on low incomes — among them a portfolio of 678 rent-controlled apartment buildings acquired from insurance company AIG last year....
...to trust many of America’s grandest foreign policy figures (people like Henry Kissinger and Madeleine Albright) on China, when they and many others have been paid rich salaries by the Party (or companies...
...And part of that is really structural, that you’ve got people who are in many of these big Japanese companies effectively employed for life....
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