Hints and tips:
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Please tell us what you make of complaints of a bottle shortage in the comments section below....
...Tokio Marine’s statement on Monday marked the first time since the March 2021 insolvency of Greensill that the Japanese insurer had formally accused its client of fraud....
...He points to a rigorous analysis published in 2019 called the Illinois Workplace Wellness Study, which explored the effects over two years of a comprehensive workplace wellness programme called iThrive in...
...The insurer said later in March that it was questioning the “validity” of the cover, in the wake of a criminal complaint against the management of Greensill’s German subsidiary Greensill Bank by the German...
...But profits sank as it paid $160m in the quarter to cover the costs of a June fire at an Illinois facility. Geico, the insurer that is among Berkshire’s crown jewels, was among the few weak points....
...AEL had been an unremarkable, largely unknown company for years. It is now one of the rare large annuity providers not yet snapped up by an alternative asset manager....
...SolarWinds is one of hundreds of relatively unknown companies that provide software to governments and business for their networks....
...Yet the true reach of Aladdin is unknown outside of BlackRock....
...The deal included an eight-year contract to manage assets for Scottish Widows, the insurer owned by Lloyds. This pot is now £109bn....
...(FT) News round-up UK insurer Hastings to be taken private in £1.7bn deal (FT + Lex) Mizuho chief predicts wave of Covid M&A and succession shake-ups (FT) Italian government halts Telecom Italia asset...
...(FT) Best shot Six months ago Moderna was an unknown biotech that had never produced a medicine. Now the Boston-based company is at the forefront of the race to come up with a coronavirus vaccine....
...Adrian Lowcock, head of personal investing at Willis Owen, says the move will help protect investors....
...A county in southern Illinois that is dependent on agriculture income faces extreme weather and the increased risk of crop failure, he adds....
...He cites as inspiration a hero of the 1930s: Jesse Owens, winner of four gold medals at the 1936 Berlin Olympics. How does Clyburn rate the way that Trump is handling the coronavirus crisis?...
...US move (FT + Lex) Glass maker Owens-Illinois rebuffed Blackstone offer before shares halved Shares (ReOrg) Due Diligence is written by Arash Massoudi, Javier Espinoza and Robert Smith in London, James...
...Larry Fink, BlackRock’s chief executive and chairman, said redemptions were a result of institutional investors such as hedge funds, pension funds and insurers shedding market holdings due to their concerns...
...After advising Clinton and six years as a US congressman from Illinois, he gave up a quest to become the first Jewish speaker of the US House of Representatives to become President Barack Obama’s first White...
...Unlike DWS and Allianz Global Investors, another domestic rival, it is not tied to a bank or insurer....
...in Italy, which is dominated by distribution networks operated by banks and insurers....
...Both fairs have the same owner, Merchandise Mart Properties Inc....
...Now it is these unknown or undiscovered elements of a target company that the merger contract is designed to address....
...Ant Financial’s sprawling portfolio of businesses includes one of the world’s biggest credit scoring systems, a bank, an insurer and a lending platform for small businesses....
...Our time demands this kind of creative leap into the unknown that can bend the trajectory of the digital future back towards people....
...“The banks were scared of aviation, scared of [what to them were] unknown businesses, and they were basically scared to get into fixed assets,” says chief executive Soren Overgaard....
International Edition