Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...of office life in the Swamp Notes newsletter....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...(FT) What else we’re reading Joe Biden’s chance to end middle class stagnation Once every generation or so, America’s social contract changes....
...Russia is seeking to manufacture its Sputnik V vaccine in Italy to meet a surge in overseas contracts....
...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....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...In the law school equivalent of a virtual sports league, FantasySCOTUS (short for the Supreme Court of the United States) invites law geeks to predict the outcome of some of America’s most important legal...
...Jefferies has named Peter Scheman as its new co-head of Americas industrials investment banking and a partner at the firm, Reuters reported. Scheman joins from Goldman Sachs....
...The German insurance group has done very nicely out of its 2000 purchase of bond fund manager Pimco. But as we argued in a Lex in-depth this week, the time has come to spin it off....
...(Financial Times) One of the UK’s most senior litigators will put the Financial Conduct Authority ’s dealings with the media under the spotlight as he probes the regulator’s bungled announcement of an insurance...
...growth. http://on.ft.com/RFLmwG Japan insurers shortlisted for Indonesia Panin Life stake Japan’s Dai-ichi Life Insurance and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority...
...– notably Samsung Life Insurance, which owns 7.5 per cent of the company....
...Emphasis ours: There have been a number of recent reports about an exodus of employees from A.I.G., and the role of C.V. Starr & Co., Inc....
...The greatest corporate victims of the Great Recession were developed-market icons like AIG, Citigroup and GM rather than China Life, Itau-Unibanco, or Hyundai Motors....
...David Crowley, co-curator of the V&A show, observes: “In the Thaw context, Tomaszewski’s abstract aesthetics were also a rebuttal of taste for pseudo-luxury and pseudo-vernacularism characteristic of the...
...“He could see around corners,” says Edward Matthews, one of Mr Greenberg’s most senior lieutenants at AIG and then at C.V. Starr, his investment vehicle....
...taken on Leicas filled the pages of magazines such as Life and Picture Post....
...Verizon, the wireless provider, has been broadcasting video clips of goals and key moments from each game to subscribers to its new V-cast service, under a deal with Univision, the broadcaster that holds...
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