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...Patricof, who is 89, was there to raise funds for Primetime Partners, an early-stage venture capital fund that invests in companies working to improve the quality of life for older people....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Of course it is emotional. 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....
...“The issue is do we invest in America or do we invest in the UK?” he added. Wilson cited the “whole raft” of assets in the US that are structured for institutional investors, such as apartment blocks....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...: Business of Law Hogan Lovells Most Innovative Law Firm in North America: Practice of Law Sullivan & Cromwell Innovation in digital legal practice Wilson Sonsini Goodrich & Rosati Innovation in sustainability...
...Just days after striking that deal last summer, Blackstone made a play for affordable housing, convincing insurance company AIG to sell a $5.1bn portfolio of apartments that have received government subsidies...
...of office life in the Swamp Notes newsletter....
...Tom Wilson 15....
...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...
...It sits alongside obstacles such as the high cost of annuities and liability issues — which the Secure Act seeks to address, says Mr Wilson, whose company advises retirement plans....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...“In 2008, people still gathered together in large groups and socialised and continued with much of their everyday way of life,” said Alexandra Wilkis Wilson, one of the co-founders of Gilt....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Mr Wilson said Legal & General had taken a “very measured” approach to international expansion, but added: “Having three or four growth markets [such as in North America] is helpful.”...
...“If you don’t have insurance, you’re more likely to delay seeking care until you get very sick,” says Ms Wilson, the EPI economist....
...The WHO is planning a vaccine insurance scheme for poorer countries....
...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....
...discount of 23%), despite some life companies resembling asset managers....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...America has evolved....
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