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...The number of tankers shipping Russian oil without western insurance has risen since the introduction of the cap....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...State-backed brokerages dominate China’s vast financial markets, where western investment banks have made limited inroads in recent years and returns have disappointed at a time of weak economic momentum...
...[But] the risks that the world is insuring don’t look like that anymore.”...
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Its biggest task will be to tackle the security crisis that has wreaked havoc in the western hemisphere’s poorest country since president Jovenel Moïse was assassinated in 2021....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...The World Gold Council’s model of gold returns had an abnormally large “residual” term in October, suggesting that a big, unmodelled shock (such as a war) had hit gold prices....
...In January, Russia’s defence ministry said Niger had agreed to deepen defence co-operation with Moscow....
...Aon, one of the world’s biggest insurance brokerages, noted in a report this month that reinsurers had looked to “increase price and reduce coverage in a meaningful way” for Israel and the wider region....
...China’s state health insurance system has lost tens of millions of subscribers, as higher costs have put one of the world’s largest healthcare schemes out of reach for many people already struggling in a...
...But even in the new world of shareholder activism and governance pressure, no deal trumps the shock and disbelief that rippled across corporate Japan last week when Dai-ichi Life Insurance suddenly threw...
...He approaches co-worker Román (Esteban Bigliardi) and talks him into a deal: if he hides the money, Morán will cut him in....
...Of the 20 vessels that declined the use of the pilots, only three are covered by a recognised western insurance provider....
...There is no guarantee that the next Russian leader will have a more co-operative foreign policy outlook, but at least he might not share all of Putin’s dark obsessions....
...from state-owned insurance companies....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
Trends in geopolitics force faster responses from legal teams
...In the 15-plus years since the financial crisis, the western world has been through a protracted process of rewriting regulations to protect against another 2008....
...Leading western and Chinese artificial intelligence scientists have issued a stark warning that tackling risks around the powerful technology requires global co-operation similar to the cold war effort to...
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...The FT revealed last year that the Dubai vehicle had traded a type of Russian oil that routinely priced above the G7 price cap, while using western-based insurance services — a potential breach of restrictions...
...One scoop to start: Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternatives group uses acquisitions...
...The commerce ministry has called for the “healthy development” of the country’s overseas EV expansion, including co-operating more with foreign partners and utilising free trade deals....
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