Hints and tips:
...Some insurance and pension companies have significantly expanded their investments in private credit and other illiquid investments....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...The recently-completed Dangote refinery in Nigeria is purchasing American crude oil, described as “a sign of just how competitive American barrels have become in the global market.”...
...private equity group Ardian was spun out of insurance company Axa in a deal valuing the company at just over €500mn....
...Whereas in the States you have this much bigger culture for equity investment and that kind of floods through the system and sort of helps companies to grow. And yes, it leads to some stupid excesses....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Lex’s list and commentary on the top 10 equities by market capitalisation in 1953 and 2023 (“UK equities: an enduring dynasty”, Lex, May 8) actually understates the extent to which little has changed with...
...A verdict against BioNTech would likely have limited direct financial damage on the company because of an EU legal shield that largely protected vaccine makers from legal liability if they caused unforeseen...
...And in 2021, Apollo fully merged with Athene Holding, the annuity insurance company it created in the wake of the global financial crisis....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...The first is that had the uninsured depositors been left unprotected, the damage would have been limited....
...been limited to big banks and a few other groups....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...The company was also fighting with insurance titan UnitedHealthcare over reimbursement policies....
...European private equity firm’s growing influence in the American veterinary market....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The improvement has not been limited to lower-paying industries such as restaurants and hotels....
...Bank and Colorado’s United Western Bank off the Federal Deposit Insurance Corporation’s hands....
...AEL has been unique in that its chief executive, Anant Bhalla, has built a private equity model within a publicly traded life insurance company....
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...You might think that gave homeowners and insurance companies reason to rethink their dash to buy holiday homes....
...Generali: the chaos continues Most people following an escalating battle for the future of Italian insurance group Generali, a billionaire power struggle that is consuming the company, can agree that the...
...Dethroning China’s insurance king The chair of China’s biggest insurer has an alleged history of dodgy dealings in Hong Kong....
...Corporate earnings Insurance company Cigna is expected to report first quarter revenue of $43.4bn, according to analysts polled by Refinitiv....
...The discontent isn’t limited to the US....
International Edition