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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....
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...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...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....
...Company structure and governance were crafted to foster a pan-European culture, yet one that can also serve national armies and protect national security interests....
...Co-ordinating minister for national security Teo Chee Hean, a top public official, led many of the discussions....
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...“Japan’s new national security policy is the most positive security development in east Asia in this century....
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...“But the installation at the national palace, surrounded by gangs, is where it poses a real problem.”...
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
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...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
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