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...The IMF officials also warned about the risks of private capital groups establishing offshore Bermuda-based reinsurance businesses....
...Robin Baik, a Seoul-based partner at international litigation firm Kobre & Kim, noted that with parliamentary elections due in April, the authorities were under pressure to introduce new policies....
...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...
...environment and a way of life....
...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....
...The cause of the explosions, which took place in international waters in September 2022, has not been determined. Russia was initially suspected of sabotage but has denied responsibility....
...But that may start to change as the overseas price advantage that once enticed so many international businesses is diminishing....
...Moody’s wrote in a recent report that “the rising tide of offshore life reinsurance raises [a] yellow caution flag”....
...Find out about our latest stories first — follow FT Weekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen...
...Events since at 777 Re, a Bermuda reinsurer linked to the Miami investment firm and Everton Football Club bidder, probably make it four steps....
...festival Sanremo, co-host and singer Marco Mengoni walked the stage in six different looks, including a see-through, floral embroidered top by Valentino and a Fendi leather blazer paired up with low leather Bermuda...
...So rather than spend their one wild and precious life doing them, some players will set up their computers to issue such commands on a loop to a throwaway account (a bot), then later transfer the fruits...
...As such, the brand has quietly established a London design studio – a centralised base for its international pipeline of projects, which comprises architects, designers and procurement specialists....
...In the aftermath of the lockdowns, “the Hong Kong government is working harder to build the city back as an international centre, with family office conferences and so on,” she says....
...The business said Lloyd’s would give it access to significant sales volumes and broader international distribution networks....
...Partnering with Dai-ichi Life would give the company access to its 160,000 corporate clients while the insurer also plans to help with expanding the group’s international footprint....
...The deal is awkward for Downing Street given the government has endorsed Abu Dhabi funds flowing into the British economy via deals struck over key assets in the life sciences sector....
...It’s not for want of trying, says Riyan Itani, founder of Global Branded Residences Ltd, who has conducted feasibility studies on several projects....
...of Easter holiday, I had intended to keep this week’s newsletter both briefer than usual, and a news-free zone, using the quieter holiday period to zoom out and look at the big picture possibilities of ‘life...
...“There are no sweeping generalisations in the art market,” says Elliot McDonald, senior vice-president of international gallery Pace....
...“Hopefully this pre-Easter batch [of IPOs] goes well and then we have a better set up for May, June.”CVC acquired Douglas from investor Advent International in 2015....
...Olivier Jollet, general manager for Pluto TV, Paramount International Markets, described it as a “significant evolution for our free streaming business in this important market”....
...Public valuations aside, Geely has been a life-giving custodian of out-of-favour nameplates....
...The London-based company, which since 2019 has been owned by the investment groups Alchemy and Triton, began life offering cheap international phone calls to migrants who had come to Europe....
...The documents also raise a broader question about whether international regimes to identify the beneficial owners of assets are fit for purpose....
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