Hints and tips:
Related Special Reports
...Insurers, meanwhile, defend the use of funded reinsurance as one of a number of risk management tools that provide security to their customers’ benefits....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...service....
...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 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....
...Private capital groups such as Apollo, KKR and Brookfield have swept into the life insurance sector since the financial crisis, buying insurers and reinsurers or striking asset-management partnerships....
...The case studies below featuring the most innovative legal teams in North America highlight examples of their work in the following areas: Legal team operations Outside counsel management Sustainability...
...which is owned by MassMutual, one of America’s biggest life insurers....
...company’s $1.3tn asset management business....
...The Bank of England’s Prudential Regulation Authority, which supervises insurers, warned last year that the systematic use of so-called funded reinsurance deals posed “significant potential risks” to UK...
...services industry has swung to historic lows....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...The appointment is a “positive” for the company, given his roles at Prudential, said Nasib Ahmed, analyst at UBS....
...Almost a century ago, the Municipal and General Securities Company set up the UK’s first unit trust. At the time, it was a groundbreaker. Now, M&G is a middling financial services company....
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...Nubank has laid out ambitions to be Latin America’s biggest financial services group as the $44bn-valued digital lender is predicted to hit the milestone of $1bn in annual profits....
...In a speech earlier this year, the Bank of England’s Prudential Regulation Authority, which oversees insurance companies, called for moderation “in the face of considerable temptation” to do deals....
...largest wealth manager outside North America....
...“Once companies, especially financial services companies, get to the $50bn market cap, their stock performance suffers,” Nuttall said. “Investor returns become more anaemic. Their growth slows.”...
...We are pleased to reveal the winners of the FT Innovative Lawyers North America Awards 2023, celebrating innovation in the legal industry....
...And a new generation of leaders are increasingly embracing strategies employed by Warren Buffett, the architect of America’s pre-eminent investment conglomerate, reports DD’s Antoine Gara....
...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
...The construction industry had the widest gap at 32 per cent, followed by financial and insurance services at 26 per cent....
...The latest fund is targeting a low double-digit net internal rate of return. Investors are mainly pension funds and insurance companies but the group includes sovereign wealth funds and family offices....
...Waste-management companies like Republic Services also say they see an opportunity for profit....
International Edition