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...The details of the company’s decline are complex but essentially it overexpanded, an investor took over, and Cox left in 2007....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“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....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...of office life in the Swamp Notes newsletter....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...Still, he is not angry about how Covid-19 has affected his life....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...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 renewed antitrust attention on tech companies comes as the groups exert an increasingly comprehensive influence on daily life in China, where a fifth of the country’s consumer goods are now sold on Alibaba...
...life....
...Every day, the Affordable Care Act provides life-saving protections and coverage for families across America....
...The product is one of a number of recent pharmaceutical innovations that promise to make life easier for diabetics....
...Even Medicare for All, the plan touted by Bernie Sanders and other progressive Democrats, does not advocate publicly run hospitals, but rather focuses on an insurance plan for everyone....
...In Arizona, lawmakers tried unsuccessfully to have drug or insurance companies refund citizens when insulin price increases outstrip inflation....
...of voter misgivings in the state about the self-declared democratic socialist’s “Medicare for All” policy, which would effectively eliminate private health insurance in America....
...Fitch’s Mr Beato says Genworth, which was spun off from GE years ago, Unum, Aegon Americas and Senior Health Insurance Company of Pennsylvania also have “below average” LTC reserve adequacy....
...discount of 23%), despite some life companies resembling asset managers....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
...They still identify with America’s last budget surplus, two decades ago, at the end of the Clinton administration....
...Sanders has written a bill to benchmark the prices of drugs to those abroad, even if they are paid for by private insurance....
...Mr Biden now has a double-digit lead over his rival Bernie Sanders, according to the latest polls, ahead of tomorrow’s contests in a number of states including Michigan....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
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