Hints and tips:
Related Special Reports
...They have estimated that proposed easements to insurance solvency rules will allow £100bn to flow into such areas....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...Some £2.3bn of lifetime annuities were sold in the first half of 2023, up from £1.7bn for the same period in 2022, according to the Association of British Insurers....
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...For lifetime annuities, the bulk of the market, the Association of British Insurers, a trade body, reports that some £2.3bn were sold in the first half 2023, up from £1.7bn in the same period last year....
...Those earnings were buoyed by growth in the firms’ overall assets, particularly credit and insurance-based investment operations, which benefited from fast-rising interest rates....
...The National Association of Insurance Commissioners reckons private-equity owned insurers had $534bn of investments in total at the end of 2022....
...Including mortgage payments, mortgage insurance and property taxes, he pays $3,500 per month more today than what he spent on rent at the family’s last home....
..., according to the Life Insurance Market Research Association....
...The annuity which can now be bought with a DC pension pot has increased by a half in the past 18 months....
...AEL has $70bn in assets that Brookfield’s insurance outfit Brookfield Reinsurance plans to invest....
...Monday’s gathering is hosted by the National Association of Insurance Commissioners, a trade group whose standards are relied upon by state insurance commissioners....
...A quarter of schemes are now well funded enough to transfer liabilities to an insurance company, and “buyout” deals are reported each week....
...The wrangling has been over the matching adjustment, which allows writers of long-term business such as annuities to match predictable cash flows from assets against liabilities, and get a capital benefit...
...Peabody says the works has been put on hold for insurance purposes, but that they are hoping to start work soon. The criticisms of Peabody are echoed throughout the housing association system....
...Council tax, home and health insurance are the best part of £20,000 a year. Club memberships, overseas property service charges and the beach hut sink another £10,000....
...Dear reader, City minister John Glen told the Association of British Insurers what they already knew at the organisation’s annual dinner this week....
...The National Association of Insurance Commissioners, a US regulatory group, is working on reform proposals that could reclassify some CFOs from debt to equity investments, since they are ultimately backed...
...Other areas of growth include investment banking, wealth management and insurance, De Sousa adds....
...It features Sequoia Capital, Thoma Bravo, BlackRock, SoftBank, Singapore state-owned fund Temasek, Tiger Global and the Ontario Teachers’ Pension Plan, as well as some of the world’s most-respected hedge...
...This allows writers of long-term business such as annuities to match predictable cash flows from assets against their liabilities....
...Originally known as the Teachers Insurance and Annuity Association of America, Ferguson’s former employer more than doubled its assets under his leadership, becoming a diversified investment house....
...One would be to do more deals in the fast-growing bulk annuity market, where insurers take on the assets and liabilities of a group pension fund....
...The Association of British Insurers, the UK trade association, has said changes to Solvency II rules could mean deploying £95bn of capital, though some of that could be returned to shareholders rather than...
...As a result, eight teachers had their student debt paid off, which opened the door for others to achieve settlements....
International Edition