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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
...My wife and I relied on our credit card insurance policies when travelling to the Middle East and North Africa to visit our family....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...“What we have here is the plot of the movie Footloose [about a ban on dancing in a small town] in real life in Seattle,” he says....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...The National Basketball Association has banned a player for life for gambling on the sport, the first time the league has handed down the maximum penalty since legal sports wagering began in the US....
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...to the port and any loss of life....
...which is owned by MassMutual, one of America’s biggest life insurers....
...By the mid-1800s, the US bracketed the landmass called North America....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...) — America’s Manufacturing Renaissance Will Create Few Good Jobs (Dani Rodrik for Project Syndicate) — Alex Spiro profile (New Yorker $) — Billionaire Boies (Puck $) — The life and death of Hollywood...
...Analysts will be keen to learn about the company’s subscriber growth after it hit a record high level of new subscribers in the fourth quarter, helped by a crackdown on password sharing....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...PE-backed insurance blow-ups attract scrutiny in Europe It’s “one step forward, three steps back”, said one adviser to private equity on the impact of Italian life insurer Eurovita’s collapse last year...
...The council — which includes Fritz Alphonse Jean, a former central bank governor, former senate president Edgard Leblanc, and insurance businessman Laurent Saint-Cyr — will also wield limited presidential...
...The loans business is migrating away from the beleaguered banking sector. Long-dated insurance premiums are becoming the funding of choice....
...Instead, he said, they should focus on supporting the energy transition, by creating new types of insurance coverage that support key technologies and companies involved....
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