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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...Aspen is owned by private equity group Apollo and sells insurance and reinsurance through the Lloyd’s of London market as well as in Bermuda and the US....
...“The BMA would not approve any transaction that the [insurance company’s home] regulator does not support,” said the BMA....
...More than 10,000 members of the Debenhams pension plan were transferred to the UK’s pension protection scheme in 2019, following the collapse of the 240-year-old retail group....
...According to the business department, taxpayers could be liable for £2mn in redundancy payments that were paid to staff of Greensill Capital’s management company by the National Insurance Fund....
...Graeme Trudgill, chief executive at the British Insurance Brokers’ Association, a trade body, said it had been working closely with the government and its members on the pledge....
...One of Greensill Capital’s major clients was GFG Alliance, a group of metals and commodities companies led by Sanjeev Gupta, which borrowed $5bn from Greensill Capital....
...She is a member of the purported “Middlebury Mafia” taking over Wall Street....
...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....
...As prices rocket higher, many are faced with soaring calls for more margin, a form of insurance they must deposit at an exchange to maintain their bets....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...LIU had intended to use the funds to invest in Lloyd’s of London, the world’s oldest insurance market....
...group, and then reinsure losses above that at Lloyd’s of London....
...Also in the group is Manuel Sánchez Rodriguez, a former top executive at Spanish bank BBVA and a board member, since 2018, of the US government-backed mortgage insurance company Fannie Mae....
...media and research group....
...But unless the Seattle-based company acquires more healthcare groups, “its overall share of the prescription dispensing market will likely remain in the low single digits for the foreseeable future”, he...
...“Farmers Insurance is well on its way to becoming the Bud Light of insurance,” Florida’s CFO Jimmy Patronis said, referring to the culture wars controversy that embroiled beer company Anheuser-Busch InBev...
...Health kick: A group of Nestlé shareholders has asked the world’s biggest food company to reduce its reliance on unhealthy products....
...But her decision came against a backdrop of sharp rises in removals costs — by 38 per cent over the past five years, according to Admiral, the insurance group....
...company, Scope Group, and a member of its advisory board....
...from state-owned insurance companies....
...The demand has helped push a number of continental European companies to issue sterling debt for the first time in recent months, including German real estate company Vonovia, German truck manufacturer Traton...
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...The five “have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company”, Nikola said...
...BlackRock said compensation committee members had “not responded to shareholder concerns regarding remuneration policies”, adding that the company “does not meet our aspirations of having adequate climate...
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