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...These types of asset-backed debts have become hotly coveted in the private capital industry as large managers such as Brookfield, Apollo Global and KKR manage insurance-based investment assets, generating...
...The insurer is arguing in Australian proceedings that the credit insurance was invalid because of misrepresentations from Greensill....
...NYCB bought the operations of Signature Bank, another lender that collapsed last year, in a deal arranged by the Federal Deposit Insurance Corp....
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...cap, while using western-based insurance services — a potential breach of restrictions imposed by western powers to try to crimp Moscow’s oil revenues....
...The open interest marker, a sign of the depth and liquidity of a futures market, has enabled CME to leapfrog Binance as the world’s largest exchange for trading derivatives of bitcoin....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...Several US cities — including New York, Seattle, Los Angeles and the small town of Evanston, Illinois, where I live, — are experimenting with “participatory budgeting”, a form of direct democracy that lets...
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...The full list of award winners is available here....
...Federal Deposit Insurance Corporation....
...managers will create a range of issues for the Barings’.”...
...Spotting an electric truck on the road remains a novelty in most of the US, but not Normal, Illinois....
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...Lyft’s insurance cost per trip is about $2.43, or 50 cents per mile....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...Companies are looking at legal like they look at any other part of the business, with the same kind of rigour and [key performance indicators] and metrics.”...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Smart reads China exit Wealthy Chinese are moving billions of dollars out of the country by buying everything from overseas luxury apartments to insurance policies and gold bars amid growing concerns about...
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
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