Hints and tips:
Related Special Reports
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...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....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...Business leaders argue these forms of flexibility allow them to manage busier and quieter periods and say that many staff prefer contracts that give them a better work-life balance....
...“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....
...Peter Manley will specialise on insurance, and was previously at Talcott and JPMorgan. Mark Karasik will focus on asset and wealth managers, and comes from Moelis, DD is first to report....
...A body representing global insurance regulators has called for “enhanced supervision” of private capital-owned life insurers, citing potential “conflicts of interest” and “increased risk-taking”....
...“similarities” between the sales pitch that was used then and Corinthia’s success in attracting an entire team of senior executives from Barings, which is owned by MassMutual, one of America’s biggest life...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...But we got there in the end and here it is now, for your wintertime pleasure, and as a little insurance policy for us against losing this recipe again....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...What they are not are resolutions....
...’s life....
...Williams also recommends setting up “sinking funds” for putting aside money monthly for annual expenses, such as renewing insurance policies, tax bills or even next Christmas — payouts that might otherwise...
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...A-Cap controls life insurers based in Utah and South Carolina. A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...He approaches co-worker Román (Esteban Bigliardi) and talks him into a deal: if he hides the money, Morán will cut him in....
...It added that “risks Lloyd’s might pose as a systemic marketplace, rather than an insurance firm or group” are mitigated by alternative resolution arrangements....
...But there is an international consensus that happiness, however measured, is important — so much so that the UN has a resolution recognising it as a “fundamental human goal”....
...International stockists on Wine-searcher.com Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...Robinson, a life-long golfer, joined Chenault and some others for two back-to-back rounds at the Augusta National course two years ago....
...Wall St’s co-heads cannot co-habit: FT Alphaville looks into the strange politics of co-heads inside investment banks....
...Click here for the answers James Walton is co-host of “The Booker Prize Podcast”...
...Hugh Verrier, White & Case cyber security & data protection King & Spalding access to justice & civil rights Morgan, Lewis & Bockius energy transition Pillsbury Winthrop Shaw Pittman healthcare & life...
International Edition