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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...H&F has invested in business services companies such as advertising agencies, advisory firms and insurance brokerages for decades....
...While Sawiris is nearing another professional crossroads amid the strategic review at OCI, he insists that no matter the conclusion he will not be stepping back. “Let’s put it this way,” he said....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...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....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...The expansion has fuelled disgruntlement among bankers, fund directors, insurance executives and others....
...defence; automotive; chemicals & pharmaceuticals; construction & infrastructure; consumer goods & retail; energy, utilities & environment; financial institutions & services; healthcare & life sciences; insurance...
...Professional fees — which include hiring a professional to administer the estate — and send-off costs average £2,749 and £2,768, respectively....
...If it is a charitable company, you will also be a director under company law and need to ensure the charity complies with company law requirements in addition to charity law....
...In its response, the Society of Pensions Professionals, an industry body, raised “grave” concerns about the lifetime provider model....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...Experts predict hundreds of billions of pounds of liabilities will transfer from company balance sheets to insurance companies as part of a multiyear shift that will redraw the UK’s retirement landscape....
..., but wholly unnecessary insurance policies....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...But it added that the vehicles should only be available to institutions such as investment firms, credit institutions, pensions funds and insurance companies....
...In other countries, mortgage insurance mitigates the risk premium for high LTV loans. Even after paying for insurance against default, buyers can still save money....
...company....
...When insurance companies cede risk to reinsurers, they heavily scrutinise them either directly or via careful monitoring of their credit rating reports....
...It was better than the average network ratings for men’s professional National Basketball Association games this season....
...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...
...May Hung and Jonathan Wong, both administration professionals, are planning a plane trip to Osaka with their 11-year-old toy poodle this autumn....
...“Geopolitical friction and complexity are at an all-new level,” says Anne Madden, general counsel at technology and engineering company Honeywell....
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