Hints and tips:
...Asset managers need to ‘step up,’ says outgoing Legal & General chief Nigel Wilson, the outgoing chief executive of Legal & General, has called on the asset management industry to “step up” and become problem...
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Just some simple maths like that, and actually, life becomes a lot easier....
...That’s the risk that people default, that you’re holding the bond, the debt of a company or government or whatever that goes under. Government bonds are entirely safe from that type of risk....
...Our sound engineer is Breen Turner, and the original music is by Metaphor Music....
...Beijing has initiated a crackdown on the country’s $100bn tutoring industry over the past week that includes a ban on companies using a structure known as the variable interest entity....
...Martin Ring LineMy name is Martin Ringline, and we are introducing FurInsure, which is the world’s first pet insurance DAO. So, so real insurance for real cats and dogs....
...An insurance company? The $30bn deal announced on Monday to merge Apollo with its insurance affiliate Athene Holding creates a financial juggernaut that defies categorisation....
...Apollo and Athene hired a small army of industry veterans to scour insurance company balance sheets for more retirement annuities to buy on the cheap....
...Its biggest client is not a public pension fund but the life insurance company Athene....
...L&G and its UK life peers were broadly allowed to pay dividends at FY19. Further, the UK regulator’s recent stress tests commentary suggest limited risk for life companies....
...Earlier this year, he sold off Nestlé’s skin health unit to private equity for roughly $10bn, and also divested a life insurance business for $1.5bn....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Some of its largest taxpayers, companies such as General Electric, Aetna, the healthcare group, and Alexion Pharmaceuticals, have left Connecticut in recent years, taking highly paid jobs with them....
...Not so with a complex transaction in the insurance industry recently, after which all three companies involved enjoyed a share price spike....
...It’s a life — sure, you’re still breathing — but is it a quality of life?”...
...The second is that the industry as a consequence has long depended on auxiliary services — such as insurance, fuel surcharging and catching customers out on T&Cs — for profitability....
...Do we not need to prevail in both, to not only protect life, liberty, property and the pursuit of happiness, but to succeed? Yes, life is a battle. At [my company] we build warriors....
...PegasusLife, the company behind Turner’s Taunton home, last summer added a £450m debt facility from US insurer AIG to the £300m of founding equity from Oaktree Capital Management committed in 2012....
...But it’s a useful insurance policy if the economy were to take a sudden cyclical lurch downwards....
...corporations and holding companies....
...commissioner and board trustee, Colorado Public Employees Retirement Association 1994 Insurance commissioner, State of Colorado 2000 Vice-president for corporate affairs, Great-West Life & Annuity Insurance...
...Such events, held in front of several hundred executives and banking industry analysts, are standard fare for chief executives, who usually do a bullish presentation on their company’s prospects, take a...
...Berkshire has a deal to secure a stream of business from Swiss Re and this year bought a block of US life insurance from the company....
...Insurers followed the trend, with Legal & General down 3.6 per cent to 77½p as hopes faded of a near-term bid from Resolution , up 0.6 per cent to 83p....
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