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...Chris Deluzio, a Democratic congressman from western Pennsylvania, also said the report added to the national security risks in the proposed sale of US Steel to a foreign buyer....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...He said the sector needs to “bring to bear” broader forms of insurance capital including from pension funds and sovereign wealth funds through a growing insurance-linked securities market....
...Nuctech, the Chinese security equipment supplier raided by EU authorities, has won more than 160 public tenders in Europe over the past decade despite national security warnings about the company’s products...
...Funabiki also praised UK regulators, which have come under criticism from lawmakers and lobby groups for being slow in approving new insurance securities, as “very knowledgeable and . . . always willing...
...The company’s products have been banned by some western countries on national security grounds....
...There is Reagan National Airport, which is my personal favourite....
...During a visit to Lackawanna College’s School of Petroleum & Natural Gas in the small town of Tunkhannock near Scranton, McCormick alleged Biden had perpetrated “a war on energy” that has undermined US security...
...The regulator also wants to make greater use of reinsurance markets, and aims to encourage investors to put more money into EU insurance-linked securities — such as catastrophe bonds, which pay out for certain...
...This time it’s Joe Biden’s insistence that Pennsylvania-based US Steel being taken over by a company from the US’s close ally Japan is a threat to national security....
...The move on steel imports and probe into Chinese shipbuilding are the latest measures by the Biden administration to tackle what Washington views as unfair economic practices or national security issues....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...The jury also heard from the first witness, National Enquirer’s former publisher, David Pecker....
...Nippon Steel last week formally filed the deal with the Committee on Foreign Investment in the US (Cfius), the inter-agency panel that vets inbound deals for national security threats....
...security”....
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
...Second, although national security officials want stricter controls around how companies choose vendors and suppliers, this type of state interference tends to be anathema to the C-suite, who have, after...
...on national security grounds....
...In raising concerns over the deal Biden did not refer to national security, speaking only of the need to maintain “strong American steel companies powered by American steel workers”....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...Accountants for Trump Media, the former president’s social media company, have had repeated run-ins with regulators....
...He predicted that more would come from areas such as insurance-linked securities — where investors put their capital against insurance risks — leading to a “levelling of pricing”....
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...But if he does block it on national security grounds, he would echo the abuses of his predecessor, Donald Trump, who imposed “Section 232” national security tariffs on US allies, including Canada and European...
...McCall credited the Biden administration’s pro-industrial economic policies with creating more job and retirement security for his members....
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