Hints and tips:
Related Special Reports
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...About 45 per cent of the assets of private equity-linked US insurance companies are allocated to illiquid strategies including structured credit, mortgage loans and mortgage-backed securities, compared with...
...So-called superfunds have emerged as a cheaper option for employers looking to offload pension plans without paying a premium for a full insurance buyout....
...According to the business department, taxpayers could be liable for £2mn in redundancy payments that were paid to staff of Greensill Capital’s management company by the National Insurance Fund....
...One area of focus has been a reliance on securities such as collateralised loan obligations — packaged-up corporate debt — to back insurance liabilities....
...Zelenskyy has said the changes are needed to reboot and breathe new life into Ukraine’s military and security apparatus....
...Hong Kong has unveiled the draft of a new national security law which proposes a maximum penalty of life imprisonment for the crimes of treason or insurrection....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...Hong Kong is fast-tracking a tough new national security law that imposes life imprisonment for treason and increases sentences for crimes such as sedition, fuelling concerns that civil liberties are being...
...On Friday Hong Kong’s lawmakers announced the draft of a new national security law that proposes a maximum penalty of life imprisonment for treason or insurrection....
...That job security is starting to fade as deals disappear, Bloomberg reveals....
...Hong Kong is required to implement its own version of a security law under Article 23 of its mini constitution, even though Beijing already imposed in 2020 a wide-ranging national security law targeting...
...The National Cyber Security Centre, a branch of the signals intelligence agency GCHQ, published fresh advice on Monday for “high-risk individuals” whose work or public status means they can access or influence...
...The US also shared this information with Russian authorities in accordance with its long-standing “duty to warn” policy, according to Adrienne Watson, a spokesperson for the National Security Council....
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...Legislators are fast-tracking a broad national security law that is set to impose penalties of life imprisonment for treason and increase sentences for sedition....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...In full-year results on Wednesday, the life insurance and asset management group reported a 45 per cent rise in new business profit — a measure of expected earnings from newly sold products — to $3.1bn,...
...Thirty years ago, the UK insurance industry was struggling to absorb another major risk, one that threatened life and limb as well as business....
...“Authorities seem to perceive that they are grafting mainland national security law on to Hong Kong’s common law system.”...
...A national insurance cut is seen as a more pro-economic growth measure as it would only benefit workers....
...The US also “shared information with Russia about a planned terrorist attack in Moscow”, a US National Security Council spokeswoman said on Saturday....
...From a Treasury perspective, a national insurance cut makes the most sense as it directly benefits workers and offers incentives for those earning a living.”...
...Oliver Dowden, the deputy prime minister, said there was a “strong case” for putting China into an “enhanced tier” of countries deemed to pose a risk to Britain under the 2023 National Security Act....
...The UK’s National Cyber Security Centre (NCSC) also warned of the importance for law firms of protecting against attack....
International Edition