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...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...Motorists were quoted an average of £995 for annual policies in the final quarter of 2023, an increase of 58 per cent on the year before, comparison site Confused.com and insurance broker Willis Towers Watson...
...Emma Watson, head of financial planning with Rathbones Group, the wealth manager, says the “lifetime pension provider” model could prompt savers to become more involved with their retirement planning....
...A plaque above the organ nods to the city’s once-thriving ceramics industry, honouring local potter George Meakin, who in 1851 founded ceramics manufacturing company J & G Meakin with his brother James....
...scheme-specific factors, ranging from how and when they determine their funding assumptions to the amount of longevity risk they have already hedged,” said Stephen Caine, director of retirement with Willis Towers Watson...
...His Lily of the Valley designs are exclusive to the V&A, as are the giclée prints of illustrations by Beatrix Potter and Edward Lear....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...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....
...Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...If companies and workers take advantage of the new rules, they can indeed do precisely that. David Pitt-Watson is co-chair of the CDC Forum of the Royal Society for Arts....
...In the last few decades of the 20th century, big domestic pension funds (such as Railpen, the railways scheme) and the insurance companies that managed them (including Standard Life and Scottish Widows)...
...Each of the 30 lorries apparently carried an insurance value of up to $200mn....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Rubino believes insurance companies also stigmatise obesity. “For the longest time, the explanation of why it wasn’t covered was there wasn’t sufficient weight loss,” she says....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...Its intervention in June, which argued that the sheer size of the combined company would mean worse insurance terms for businesses and individuals, sucked the life out of a deal that was poised to create...
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...They are looking for a long-term, not temporary solution to their unsatisfactory life in China.”...
...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
...So you have Suella Braverman coming out and saying people live the life of Riley, essentially....
...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...
...Break-up Monday: two megamergers fall apart It was one of the most tumultuous days for the stock market in March 2020 when insurance brokers Aon and Willis Towers Watson announced a $30bn tie-up....
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