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...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
...“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....
...Union representation in the US was roughly 10 per cent of the workforce at the end of 2023, according to the Bureau of Labor Statistics....
...Its relationship with the union that represents half of its workers has soured over the past decade as the company expanded into Arkansas, where unions are rare, McCall said....
...labour laws “without the pro-union boss bias and partisanship endemic to the National Labor Relations Board”....
...Members of the Dartmouth men’s varsity basketball team on Tuesday voted 13-2 in favour of joining Service Employees International Union, according to the US National Labor Relations Board....
...The Labor party’s historically close ties with the union — the party was set up by trade unions and many affiliate directly with the party — has left it with little room to manoeuvre, some claim....
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...Negotiations to agree an inaugural contract were at an impasse until recently amid tensions between the union and the company....
...Its life insurance peers are closer to parity. One investor concern is the capital-hungry nature of bulk annuity business....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...Foroohar: You’ve got companies like Trader Joe’s, SpaceX and Amazon that want to overturn the legality of the National Labor Relations Board, which is the federal agency that protects the rights of workers...
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
...the company’s tight controls on employees....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...The “pot for life” proposals come alongside a broader push by the government to increase pension fund investment into areas that could help the economy, such as early-stage companies and infrastructure....
...The Belgian company reinforced the idea that this is a cut-price, opportunistic bid, with a second cash-and-shares proposal of about 239p per share....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...— Similarly, the labor market in Sweden is softening. The employment PMI, sitting at 46, is near the weakest levels since the pandemic lows....
..., the doctors’ union....
...The loans business is migrating away from the beleaguered banking sector. Long-dated insurance premiums are becoming the funding of choice....
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