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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...There’s also a lot around that can encourage hope built on misunderstanding, such as this quote from analyst Dylan Patel of SemiAnalysis: Patel says [Arm] has a huge amount of room to increase the royalty...
...Dame Priti Patel, former home secretary, said she hoped income tax cuts would follow later in the year, adding: “Everyone is talking about a second Budget.”...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...The strategists proposed buying credit default swaps — insurance-like derivative products that pay out if a business reneges on its borrowings — tied to McDonald's and hospital group HCA, among other companies...
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
...Permira has appointed Kush Patel to lead a team focused on climate transition-related investment. He recently joined from Blackstone....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...“The company has mishandled the labour issues for over two years . . . It has exposed them to a significant amount of regulatory and legal risk,” says Patel....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Terminal V did not respond to a request for comment....
...David Sabow, who led tech and healthcare banking at SVB, will lead the new team at HSBC, along with Sunita Patel, Katherine Andersen and Melissa Stepanis....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...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....
...However, given the expense and procedures associated with hiring in-house doctors, most large UK companies still prefer to offer private health insurance....
...They say that the fees they can charge in most cases are capped at about €7,000 and are often paid by their clients’ insurance. “It’s cost intensive,” said Cäsar-Preller owner Joachim Cäsar-Preller....
...“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....
...US cities are also bringing in tough standards, from New York City to Scottsdale, Arizona....
...In the US, because Galleri has not yet won approval from the FDA, it is not covered by US government health insurance schemes....
...She is dialling in from the house she has just moved into in Scottsdale, Arizona, with her new husband and her six-year-old daughter....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...In contrast, George V and George VI died in winter: some of the 305,000 who saw the latter lying in state had to put up with light snow....
...Jitendra Patel, tax principal at accountancy and business advisory firm BDO, says congratulations on making it to partner....
...But providers say they will still be faced with demands for larger collateral buffers as insurance from pension schemes, meaning schemes may have to lean more heavily on employers....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
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