Hints and tips:
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...“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....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...But some blow-ups in Europe are drawing attention from regulators, report the FT’s Ian Smith and Samuel Agini and DD’s Will Louch....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...The company is betting it can use its expertise in drilling and processing to become a leading player in the battery metal....
...Terminal V did not respond to a request for comment....
...Additional reporting by Samuel Agini and Oliver Barnes...
...Additional contributions from Grace Ramos, Gordon Smith and George Russell...
...Nicholas Malins-Smith Cambridge, UK...
...Activist investor Nelson Peltz told the Financial Times that the deposit insurance limit should be increased. Here’s the latest on the US banking turmoil. 2....
...The agency estimates the deal will cost the insurance fund $13bn. Why was JPMorgan allowed to buy First Republic?...
...Biden is also calling for the deposit insurance fund, which the Federal Deposit Insurance Corporation relies on to pay back depositors in failed banks, to avoid hitting community banks as it replenishes...
...The share price of two of the largest US car insurance companies — Take Allstate and Progressive — have fallen in the past month, reflecting the rising costs of underwriting auto insurance policies....
...Kate Duguid, US capital markets correspondent A profile of the actress who plays Flo in the Progressive ads by Caity Weaver in New York Times gets at the nature of advertising, the insurance industry and...
...Lawmakers including Elizabeth Warren, the progressive Democratic senator from Massachusetts, repeatedly asked Becker and Shay if they would return their pay to the Federal Deposit Insurance Corporation,...
...Dozens of Democratic lawmakers on Tuesday rallied behind a bill led in part by progressive senator Elizabeth Warren, which called to repeal the 2018 rollback....
...Progressive Democrats this week heeded a call from President Joe Biden to “strengthen the rules for banks”....
...Another report from the Federal Deposit Insurance Corporation on Friday examined the causes of the collapse of Signature Bank, which failed in early March just days after SVB....
...Highly unusually for a bank, SVB received warrants in many of the companies it financed, in effect a bet that any losses on its loan books could be covered if just a few of the companies went on to become...
...Progressive Rugby, a non-profit group whose members include doctors and former players, has been lobbying for changes to help reduce the risk of long-term damage to the brain....
...Howard Davies: A fundamental reform of property taxation, lowering stamp duty and making the council tax more progressive....
...Me: “I’m not sure I have insurance for this.” Blackwood begins to scale the cliff to my rescue. “At this point I can catch you,” he says, to reassure me....
...Designed by Walter Aubrey Thomas, the Royal Liver Building was the tallest office building in Europe when it opened in 1911, as the headquarters of the Royal Liver insurance group....
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