Hints and tips:
...In 2022, these funds raked in a net $10.9bn in North America, up from what had been a record $4.1bn the previous year, according to data from FactSet....
...That’s why the company is seeking to buy what it calls “mini-MatchMoves” in markets in central Europe, Latin America and the US, he said....
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...An Aetna spokesman said: “We don’t comment on rumours or speculation but we are steadfast in our belief that this deal is good for consumers and the healthcare system as a whole.”...
...We also need the tech companies to acknowledge the disruption they cause and do far more to benefit all aspects of our lives. john.thornhill@ft.com...
...(Financial Times) In response to regulation, Goldman ditching less profitable clients and changing rules for hedge funds (WSJ) Argentina v holdouts: plus ça change (Financial Times) Espírito Santo: the...
...Awkward (Financial Times) Moscow’s ‘political technologists’ specialise in creating pure spectacle (Financial Times) Sleaze v spin in Mexico’s race for reform (Financial Times) The SEC is turning into...
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
..., which owns 7.5 per cent of the company....
...And here’s the I-don’t-care-about-watching-Ghana v Uruguay version (emphasis FT Alphaville’s): The Miller-Moore provision, which was included in the House bill last year, never made it into the Senate version...
...In the months after [Greenberg] left, AIG amped up its bets on the housing market by writing what where, in effect, insurance policies on derivative securities backed by subprime mortgages....
...., Inc., which was formed in 1950 and focuses on highly specialized insurance lines; far more, we believe, have joined other, larger companies....
...If growth in developed countries starts to look like a “U”, in emerging markets it already is a “V”....
...Investors in the new fund include IAM National Pension Fund, State of Oregon, and Sentry Insurance....
...LLC; Carlyle Investment Management L.L.C.; Blackstone Capital Partners V L.P.; Centerbridge Capital Partners, L.P....
...See XLCA v Merrill, above....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...Consolidated net profit, however, fell 27.5 per cent to Rs6.51bn on losses in the banking group’s life insurance business and UK subsidiary....
...The writer is chairman and chief executive officer of C.V. Starr....
...Trading was also suspended ‘even on a collateralized basis’ with banks including Goldman Sachs Group Inc., Morgan Stanley, Merrill Lynch & Co., American Insurance Group Inc. and Macquarie Group Ltd....
...In the view of several present and former AIG executives, Mr Sullivan was a brilliant insurance man but the group had become much more than an insurance company and he lacked a deep understanding of the...
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
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