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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...AIG has undergone significant change during his tenure, with moves including last year’s initial public offering of its life insurance and retirement business, Corebridge....
...Read more here. 5) Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour....
...Louise Thomas, motoring expert at Confused.com, said that while data suggested “increases could be slowing for now”, drivers should consider adding antitheft features, such as wheel locks, to their car,...
...It was also boosted by a particularly strong performance by its life division....
...Chief executive Thomas Buberl promised to remain “disciplined” on pricing after a 9 per cent rise on commercial insurance premiums contributed to €55.7bn in group revenues, against a company-collated analyst...
...This was offset by strong trading in property and casualty insurance, which helped the company generate €4.1bn in underlying earnings....
...American Insurance Group said it would proceed with a secondary sale of its share in life insurance spin-off Corebridge Financial, having postponed a move in the first quarter because of financial sector...
...Here’s AIG’s relative total share return peer group: AIG says: Peers used for relative TSR performance metric applicable to PSUs granted in 2020 and 2021 reflected a combination of General Insurance, Life...
...American Insurance Group said it would proceed with a secondary sale of its share in life insurance spin-off Corebridge Financial, having postponed a move in the first quarter due to financial sector turmoil...
...“One of these days, some life insurance company is going to get whacked on their private credit . . . You can have a run on a life insurance company.”...
...Bevan and Fellner, whose company produced hit films such as Four Weddings and a Funeral, said in a statement: “Maida Vale Studios has been synonymous with artistic excellence for generations....
...The company said the head of its insurance operations, Gilles Dellaert, would lead the combined unit....
...As at the end of 2022, US insurers (primarily life insurance companies) held some 20 per cent of all outstanding US commercial mortgage loans, accounting for 9 per cent of the insurance industry’s total...
...Thomas Robertson, who serves on the board, intends to retire....
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...Nvidia stock closed 10 per cent off its recent peak yesterday, despite a steady flow of news about all the life-changing AI models just around the bend....
...But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology, The New York Times writes....
...Their deaths, including Walter Scott, Thomas Murphy and David “Sandy” Gottesman, have forced Berkshire to bring in a number of new overseers....
...of its life insurance and asset management business, which has been rebranded as Corebridge Financial....
...at the travel companies’ discretion....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...Earlier this year, Vista Equity Partners and Thoma Bravo turned to private credit to help refinance the debts of portfolio companies Finastra and Hyland Software, respectively....
...Last year, the company also completed an acquisition of New York-listed Cigna’s life and health insurance businesses across six Asia-Pacific markets, including Taiwan....
...It’s important that the analysts cite “insurance groups” and not individual insurance companies, because life insurers’ corporate structures and regulatory environments are very different than banks’....
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