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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...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 big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...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....
..., which is a significant provider of home, motor and life insurance, and has more than 18mn customers worldwide....
...Arron Sturgis is a Maine-based barnwright who directs an 18-strong team of restorers. “They’re built on the golden mean, so when you walk into a barn of that size, you feel the human geometry of it....
...That bond was underwritten by a subsidiary of the Chubb corporation....
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
...A body representing global insurance regulators has called for “enhanced supervision” of private capital-owned life insurers, citing potential “conflicts of interest” and “increased risk-taking”....
...the chair of the Federal Deposit Insurance Corporation has warned....
...A few weeks ago, a friend was about to have life-saving brain surgery in Boston when her operation was suddenly cancelled. The reason?...
...Lloyd’s said the agreement with Chinese insurance company Ping An, which has owned the building for a decade, will allow it to continue its renovation of workspaces and make further refurbishments, including...
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...which is owned by MassMutual, one of America’s biggest life insurers....
...to the port and any loss of life....
...Federal Deposit Insurance Corporation....
...The bureau, an agency within the Department of the Interior, which protects America’s natural resources, manages nearly a quarter of a billion acres — some 10 per cent of the US landmass — including public...
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...On January 10 2000, Levin and America Online chair Steve Case agreed a $165bn merger....
...While KKR will soon raise flagship buyout funds in North America and Asia, it is seeing its fastest growth in newer businesses targeting credit, insurance and infrastructure-based investments, which are...
...White said the materials underlined the relationship between Lloyd’s and the African Company of Merchants, a key slave-trading venture, and revealed the role of several members of the governing committee...
...A survey by Splunk consultancy says that 90 per cent of companies were hit by ransomware attacks this year, while a poll by Cybereason consultancy suggests that 73 per cent of companies have experienced...
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