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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...life....
...which is owned by MassMutual, one of America’s biggest life insurers....
...Chart of the day Millions of people watched the total solar eclipse yesterday as it swept across Central and North America....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
...Insurance groups are now bracing themselves for billions of dollars of losses stemming from the accident, with reinsurers likely to foot the bill in a legal fallout expected to last for years....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...By the mid-1800s, the US bracketed the landmass called North America....
...White said the materials underlined the relationship between Lloyd’s and the African Company of Merchants, a key slave-trading venture, and revealed the role of several members of the governing committee...
...A body representing global insurance regulators has called for “enhanced supervision” of private capital-owned life insurers, citing potential “conflicts of interest” and “increased risk-taking”....
...Additional reporting by David Sheppard, Michael Peel and Ian Smith in London...
...In total, the 18 healthcare companies had assets of $7bn against liabilities of $8.3bn....
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...More banking news: Morgan Stanley, UBS and Bank of America have some of the biggest gender pay gaps in Australia, according to a government survey. 4....
...losing their child,” said Bennett Smith, Orchard’s senior vice-president and general manager of North America....
...An estimated $22bn of US corporate pension liabilities were shunted over to insurance companies in the first half of 2023, while more than £20bn were publicly announced in the UK, according to a report from...
...(Nasdaq: SIRI) (“SiriusXM” or the “Company”), the leading audio entertainment company in North America, today announced that they have entered into definitive agreements whereby Liberty Media’s Liberty SiriusXM...
...But medtech remains one of the biggest growth segments within life sciences in the UK....
...“I think the most educated women in America have heard of egg-freezing.”...
...But Moscow has increasingly dodged sanctions on most of its oil exports, with almost three-quarters of Russian crude travelling without western insurance in August....
...Nubank began life as a zero-fee credit card managed by a mobile app and through rapid growth has expanded into a full-service banking offering, with everything from current accounts to investments and insurance...
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