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...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...
...“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....
...The emergence of Risc-V has reopened the door for companies to compete in the CPU market....
...“The insurance industry is very bad at research and development, and innovation. They are worried about loss”, Richardson said....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...We take the item, we create the security around it, and then we have a vault where those items are secured and stored and there’s insurance around those items in the vault....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...China’s 380mn itinerant migrant workers are “periphery”, she says, which means they are the first to be laid off when companies are hit by downturns, a problem exacerbated by unequal access to social security...
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
...Richardson, 87, had fallen ill from the virus but was recovering....
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Eric Yuan, chief executive, claimed the company was moving from being “a killer app company to a platform company”....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...The Zurich-headquartered group is a reinsurer, providing back-up coverage to other insurance companies....
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Alan Ruskin at Deutsche Bank argues that optimism in an eventual V-shaped recovery is “next to impossible when the real economy is only starting the downside of the V at a historic pace of descent....
...Companies are being forced to repurpose supply chains impacted from the virus, move workers home, seek to protect medical staff and first responders, find new ways to protect degraded security perimeters...
...Amodo Insurance companies such as AIG, Triglav, and P&V are using data analytics from insurance telematics company Amodo to learn about customers’ driving habits and offer bespoke pricing on motor insurance...
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...s coronavirus epidemic are eased — it will suggest that the short, sharp shock to the world’s second-largest economy since January might well be followed by a second-quarter rebound — the much vaunted “V-shaped...
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