Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Central bankers in the beautiful south were faster to raise rates and tame inflation than the Fed’s laggardly Jay Powell. Brazil and Mexico stand out for their zeal....
...It has sold everything from Hong Kong insurer AIA to a Vermont ski resort, and pivoted from planning life insurance acquisitions to carving out the whole life insurance business as it jumped between multiple...
...“What these banks had in common with the casualties of 2007-08 is that they were expanding their balance sheets much faster than their peers....
...It wouldn’t accept insurance or take money from pharmaceutical companies. And it would have its own medical advisory council as an alternative to the US Centers for Disease Control and Prevention....
...The company is the only big US insurer to combine life with property and casualty units, impeding comparisons with peers....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...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...
...So you have Suella Braverman coming out and saying people live the life of Riley, essentially....
...In 2018 French insurer Axa floated Axa Equitable, its US life insurance business, as it refocused on property and casualty insurance....
...In a matter of months in 2015, it bought Dutch insurer Vivat and a large stake in South Korea’s Tongyang Life. By 2016, Anbang held insurance and real estate assets spanning the globe....
...He returns to the firm after having left at the end of 2017 to become general counsel at The Guardian Life Insurance Company....
...According to data from CB Insights and Willis Towers Watson, between 2012 and the first quarter of 2019, there were 627 deals involving investment in property and casualty insurtech companies....
...Insurance companies and pension funds — many of which have regulatory reasons to avoid investing in equities — lined up to buy it all....
...One is State Bank of India; the other is state-controlled Life Insurance Corporation of India....
...With more than 142,000 employees, a market capitalisation of over €85bn and operations across life, property and casualty insurance, the group is a juggernaut of the industry....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...It draws executives from the nearby asset managers and insurance companies, as well as an artistic crowd. Just recently, Drouant reopened following a revamp by interior designers Fabrizio Casiraghi....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...We believe Property & Casualty names are still attractively valued despite outperforming in 2019, but we downgrade three life insurers owing to less attractive risk-reward and higher regulatory headwinds...
...He was previously chief executive of Barclays Private Bank for Europe, Emea and Monaco. Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...Prudential Asia would give the company instant access to 15m life insurance customers in 12 markets....
...a sorting out of anomalies in the area of national insurance and an end to the triple lock....
...However, AIG was an insurance company in name only. In reality, it was a highly leveraged speculative fund that ventured beyond the domain of traditional life and casualty companies....
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