Hints and tips:
Related Special Reports
...By early April, however, none of Gatik’s ships held insurance from any of the recognised large mutual providers....
...The insurance sector is expecting a hefty bill....
...Senior insurance industry figures said the sector had pushed to ease trading between the two countries’ specialist insurance markets, where big assets such as planes and pipelines are insured by a range...
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Insurance certificates for two US coal mines list Zurich-based reinsurance leader Swiss Re and US insurer Liberty Mutual as providing insurance cover for the operators of projects in Wyoming and Montana...
...the traditional way of selling ETFs, through banks or insurance companies....
...JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector to emerge even more dominant....
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
...But if business finds COPs hard going, the feeling can be mutual....
...Multi-asset investors are among clients that favour ETF classes “due to their transparency, low cost and liquidity”, while some providers of unit-linked insurance products “do not have a broker set-up enabling...
...high, and that it amounts to a federal subsidy for banking companies....
...Senior executives at a state-owned insurance company have also been told to not wear expensive clothes to work, said another person with knowledge of the matter China’s richest 0.001 per cent own a greater...
...The First Republic deal, and one in 2008 when JPMorgan purchased the assets of Washington Mutual, fall under an exception for deals involving failed banks....
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...points on Wednesday, spurred by buying from foreign pension and insurance funds....
...If San Francisco-based First Republic is taken over by the FDIC, it would rank among the biggest bank failures in US history, alongside Washington Mutual in 2008 and SVB....
...However, the Federal Deposit Insurance Corporation estimated that losses to its insurance fund would be about $13bn....
...The only bigger bank failure in US history was the collapse of Washington Mutual in 2008....
...Hiscox Insurance has named Morgan Stanley International chair Jonathan Bloomer as chair designate, replacing Robert Childs, who is set to retire in July....
...FT film 🎬: Gautam Adani saw more than $100bn wiped from his listed companies’ valuation after a short seller took aim at his empire....
...They’ve spent the past two weeks catching up, racing to amass shares of the US company that has become a go-to bet on artificial intelligence....
...Relative to the systemic risk big banks pose to their home countries elsewhere in the world, JPMorgan is actually modestly sized. Its assets are less than 17 per cent of US gross domestic product....
...Most unregistered deaths occur in low income countries. Only 8 per cent of deaths that are reported in these countries record the cause of death, compared with 95 per cent in high income countries....
International Edition