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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...He said the sector needs to “bring to bear” broader forms of insurance capital including from pension funds and sovereign wealth funds through a growing insurance-linked securities market....
...Nuctech, the Chinese security equipment supplier raided by EU authorities, has won more than 160 public tenders in Europe over the past decade despite national security warnings about the company’s products...
...The TUC, the umbrella body for the UK union movement, has updated its guidance on cyber security....
...assessment of its impact on security or public order in the Union”....
...Funabiki also praised UK regulators, which have come under criticism from lawmakers and lobby groups for being slow in approving new insurance securities, as “very knowledgeable and . . . always willing...
...Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...The regulator also wants to make greater use of reinsurance markets, and aims to encourage investors to put more money into EU insurance-linked securities — such as catastrophe bonds, which pay out for certain...
...“[The union] campaigns on ‘look at what Ford got’,” Belcher said. “They’ve really been pushing $40 [an hour] and free health insurance.”...
...MPs last year blamed regulatory foot-dragging for London losing out on $700mn of insurance-linked securities that went to Singapore....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...He predicted that more would come from areas such as insurance-linked securities — where investors put their capital against insurance risks — leading to a “levelling of pricing”....
...“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....
...Instead, the regulator in its report referenced anonymised companies “[Company A] Bank AG” and “[Company A] Capital (UK) Limited”....
...The area of private medical insurance that has seen the strongest growth has been in the number of people taking out personal cover, according to a survey by Statista Consumer Insights, a research company...
...This week the National Farmers’ Union called on the government to boost support for growers affected by heavy rain earlier this year, which has left swaths of agricultural land flooded....
...Only leaders can convincingly tell citizens that their security and prosperity depends on Europeans everywhere putting their savings to work for companies across all of Europe. The dithering must end....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...In the chart, Commercial Union is listed as still in the FTSE 100, but General Accident is listed as acquired.— Royal Insurance and Sun Alliance & London Insurance merged, forming the company that would...
...Lithuania suffered punishing informal sanctions when it upgraded the title of Taiwan’s delegation, while China reportedly threatened to retaliate against German companies if the German government failed...
...into bank parent companies....
...Other suggestions include a different rule book for competition policy, one which considers European companies as competing on a global scale....
...Together with Thomas R, they set up research projects between the company, German universities and sham Chinese business partners....
...EU officials have been urging European companies to avoid buying Russian LNG now that gas storage levels are at record levels and prices have come down from the post-invasion peak....
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