Hints and tips:
...Companies: American Express and Colgate-Palmolive report fourth-quarter results....
...Unlike private credit funds with locked-up capital, policyholders of life insurance products can withdraw their assets, creating the conditions for a “run on the bank” if loss rates were to rise in private...
...Rudd provided free space in Finsbury’s offices and raised some funds....
...Our analysis suggests there is limited liquidity risk under our base case with all companies having sufficient funds to last until trading is forecast to normalize in September....
...al...
...Asset managers including Neuberger Berman and the C$327bn ($245bn) Caisse de Dépôt et Placement du Québec, which manages the assets of about 40 Canadian pension funds and insurance plans, are among those...
...SoftBank and its Saudi-backed Vision Fund have pumped more than $10bn into WeWork but their enthusiasm for a listing has waned as bankers have slashed the valuation they believe the We Company can attain...
...Regulators in Beijing are expected to grant approval for WFOEs to launch funds that can be sold to the general public, possibly as early as next year....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Investec Asset Management Kames Capital Kempen Capital Management Legal and General Investment Management LGPS Central Limited Local Government Super (Australia) M&G Investments Merseyside Pension...
...In 2016, 42,200 Americans died from an overdose, more than from either car accidents or gun violence....
...It followed a string of other adviser exits in recent weeks (Nick Timothy, Fiona Hill et al). More surprising was his candour....
...General insurance is growing, with operating profit up 17 per cent , and in UK Digital we have doubled online registrations to 5m. We are becoming a digital disruptor for the benefit of our customers....
...Mr Wilson said that Aviva might also use its excess cash for acquisitions but they were likely to be small bolt-on deals, similar to last year’s C$582m acquisition of RBC General Insurance in Canada....
...Additional reporting by James Fontanella-Khan Letter in response to this article: Uber et al are not entitled to ‘own’ anything / From Stephen Swift, London, UK...
...Her ultimate boss will be Nigel Wilson, chief executive of the insurance company, who was a similarly prominent advocate of Britain quitting the EU....
...Khalid al-Falih, the new oil minister and chair of Saudi Aramco, the state energy company, will play an important role, having taken the industrial brief into the energy ministry....
...Among its clients are some of most accident-prone businesses to trade on Aim in recent times: the likes of Rangers Football Club, Quindell and Chinese shoe company Naibu Global....
...First, the government would guarantee all deposits, charging risk-based insurance premia....
...Aviva is the product of too many rounds of mergers to count, and given the long-term nature of the industry, still has the ghosts of Commercial Union, General Accident and Norwich Union rattling around its...
...Indeed, the woes at Aviva that prompted the insurer’s former chief executive Andrew Moss to stand aside had their origin in past tie-ups, such as those between the old General Accident, Commercial Union...
...They controlled a financial empire with branches in insurance, healthcare, real estate, investment banking and pension funds....
...Say, as was suggested to us, by allocating much bigger quotas to those large long-only funds and insurance companies who don’t trade very often....
...We’re going to bring forward reforms to the compensation culture around minor motor accident injuries. This will remove over £1bn from the cost of providing motor insurance....
...The company has since increased insurance coverage for drivers. The case is ongoing....
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