Hints and tips:
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Currently, the NZIA’s only North American member is Fidelis Insurance, based in Bermuda. It says a priority for the coming year is to expand further into that region....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...They developed a mutual affection that persisted through adolescence, when Leontiev’s family moved to Austria....
...When Ned Johnson finally retired in 2016, Fidelity managed $2.1tn directly, and was the third-largest US mutual fund group, behind only Capital Group’s American Funds and Vanguard’s fleet of dirt-cheap index...
...It’s not like I’m buying mutual funds with it.” And he doesn’t share the stories with his family. “What they don’t know won’t hurt them. My wife won’t be reading this.”...
...Although doubtless many tried to persuade him to sell, Barton was financially independent, never having to go cap in hand to a bank or one of the insurance companies that now own so many Bordeaux châteaux...
...She added that she would like a deal with Brussels on the mutual recognition of professional qualifications....
...It’s like a family wedding where there’s been a tremendous row, and they can no longer be polite to the guests....
...pay the same tax as small local companies....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...The American Rescue Plan was intended as stimulus. But the American Jobs Act, the American Families Plan, those are really a remaking of the size of government....
...Briefly Lloyds Bank is preparing to extend its push into wealth management and insurance in its next strategy update....
...Meanwhile, Insurance Post reports that insurtech Bought by Many has appointed Jim Sutcliffe, the former CEO of Old Mutual and Prudential UK, as its new chair....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...Mr Trump’s re-election campaign immediately seized on Ms Warren’s declaration that she planned to abolish private insurance companies, if elected....
...CG top picks: • Senior producers: Newmont, Pan American Silver, B2Gold • Intermediate/Junior producers: Teranga, Dundee Precious Metals • Royalty/streaming companies: Wheaton Precious Metals 12:10pm...
...Doing so would cause hardship for millions of families, and would also contract the economy as low income families cut back on spending....
...Quick hits Some other FT stories that have caught my eye this week Which football team should an undecided American woman in London support?...
...The story so far: Covéa is a mutual insurer with an 8 per cent stake in Scor, a big reinsurance company with a market capitalisation of over €7bn....
...But then Bogle made a fateful mistake, merging Wellington with an aggressive young mutual fund company in Boston....
...Covea, a mutually owned insurance company that owns 8 per cent of Scor, privately made a bid approach last month valuing the target at €8.3bn. The Scor board rejected it....
...I ask whether a common thread unites the apparent grab-bag of investments at Atlas Merchant Capital, from a mid-sized French broker to an American insurance company annuity portfolio? Simple, he says....
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