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...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...the mutual in 2022....
...In any event, ask whether trustee indemnity insurance is in place, which might offer some reassurance....
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...The UK-Swiss deal is based on the mutual recognition of each other’s regulatory regimes and is intended to bolster the City of London in a post-Brexit era....
...IBM’s decision to reinstate its defined benefit scheme makes good business sense — other companies should follow, she argues....
...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 fund is managed day-to-day by an insurance services company, Thomas Miller....
...But it does raise questions of competence and also why the cost of providing indemnity insurance to the buyer should be borne by the listed fund and not the manager....
...“Part of the increase in the severance and reorganisational expenses in the third quarter is because we did pull forward some of those savings, so we would start to realise the benefits of them in the fourth...
...In a strongly worded response, the insurance company’s board of directors argued conducting an audit would violate insurance laws in multiple US states, which “prohibit the consideration of race in underwriting...
...“Today we issue close to 120,000 loans a day and over 200,000-250,000 insurance policies per day,” said Sanjiv Bajaj, chair of holding company Bajaj Finserv....
...The ability to bring institutional investors, retirement systems and insurance companies who have long-dated liabilities or long-dated assets to this market make them ideal partners for the short-dated capital...
...“There are the obvious benefits of scale and efficiency, but I think this ultimately distils down to an ability to offer investors choice and flexibility.”...
...Roman: You have a stronger bank, and if we know what we are doing, you have higher expected returns for many people who have money in a pension plan, or a mutual fund, or for an insurance company....
...bank and Washington Mutual, a troubled commercial lender....
...Some local authorities can take weeks to provide search results and you may need to obtain indemnity insurance to cover any outstanding information, so the sooner you get started with this the better....
...Ankara has asked all crude tankers passing through the Turkish straits to provide letters from their protection and indemnity providers, known as P&I Clubs, confirming that insurance cover would remain in...
...These new vehicles provided individual and corporate savers with streamlined and simplified access to short-term wholesale interest rates through a closed-end mutual fund organised under the Investment Company...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...and understanding of the importance of a death certificate for accessing eligible benefits remains limited....
...(Simon Mundy) Singapore positions itself as hub for climate philanthropy Davos devotees often argue that the main benefit of the event is that it fosters partnerships....
...Hartigan called LV an “outstanding company with a prosperous and dynamic strategy and outstanding employees who serve this mutual’s membership with passion and professionalism”....
...firm, for example professional indemnity insurance, FCA fees (which are exorbitant) along with the general day-to-day costs of running a business....
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