Hints and tips:
...“The [private medical insurance] sector is beginning to look like the less well-off cousin,” she added. Any collective action carries a risk that doctors will fall foul of competition authorities....
...This evokes memories of the long-running, and very expensive, payment protection insurance scandal. Any lenders funding motor finance should worry about how this problem could mushroom....
...Within the City, insurance became his later career calling, first as chair of Friends Provident from 2005 and later as chair of Aviva....
...The People’s Bank of China said on Friday it would lower the interest rate for housing provident fund loans by 0.15 percentage points for first-time homebuyers starting from October....
...On Thursday, the banking and insurance regulator and the PBoC relaxed a floor on mortgage rates for some first-time buyers....
...Finally, after a long series of discussions, financial services group Friends Provident agreed to adopt an LDI strategy for its pension fund....
...Provident shuttered its consumer credit unit last year....
...Since the FCA clamped down on repeat lending and other questionable practices in the world of high-cost credit, Provident Financial has withdrawn from the market and Amigo is on the verge of collapse....
...Banking employees accounted for the majority of respondents, followed by workers in securities brokerages, insurance companies, asset management firms as well as financial regulators themselves....
...As a legacy of Woodford’s early career with the company, and his mentorship of successor Mark Barnett, Invesco entered 2019 still sitting on large shareholdings in subprime lenders Provident Financial and...
...RL360’s £340m acquisition of Friends Provident International, announced in July 2017, has still not completed, nor has Cinven’s €925m acquisition of Axa Life Europe, which was announced in August 2018....
...Neither is a £340m deal that Aviva announced in July 2017 to sell Friends Provident International to RL360....
...Fitch’s Mr Beato says Genworth, which was spun off from GE years ago, Unum, Aegon Americas and Senior Health Insurance Company of Pennsylvania also have “below average” LTC reserve adequacy....
...He had also seen Prudential conclude that Asian and UK insurance companies were better off demerged....
...A shared belief that UK companies were undervalued due to Brexit currency effects had led Mr Barnett to mirror Mr Woodford’s holdings in outsourcer Capita, lender Provident Financial, and litigation funder...
...Most remain wary of buying car, life, home and health insurance on one website....
...Towards the end of May, NMC Health confirmed that it had rubber-stamped definitive agreements in relation to a joint venture — NMC KSA — in Saudi Arabia, involving the General Organization for Social Insurance...
...He previously served as chairman at British Energy until its takeover by EDF and at insurer Friends Provident....
...He becomes chief executive. 1991 Aberdeen Asset Management floats on the London Stock Exchange. 1996 Buys Prolific from Scottish Provident and trebles Aberdeen’s assets under management to more than...
...It’s not an insurance product, so the tenant will still be chased for the debt if they default — and for now, these kinds of third-party charges don’t fall under the scope of the letting fee ban....
...On the other hand, the most resilient ones were insurance, utilities and railroad....
...Bupa, the global insurance and healthcare group, has been fined £175,000 by Britain’s data protection watchdog for failing to protect the personal information of more than half a million customers, the Information...
...He says decisions about M&A are made at a group level and typically focus on buying books of insurance or pension assets to be managed by RLAM....
...In another part of the subprime lending forest, Provident Financial is resisting a reverse takeover, and this week Amigo helped us all out by formally stating it was not going to join the scrap....
...The country has no unemployment insurance, very limited unemployment benefits or in-work benefits for low wage earners, little state support for pensions....
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