Hints and tips:
...Aspen is owned by private equity group Apollo and sells insurance and reinsurance through the Lloyd’s of London market as well as in Bermuda and the US....
...Most, but not all, of the Ecuadorean bonds have been placed, primarily with pension funds, insurance companies and asset managers....
...Supportive regulators help explain the success of rival centres such as Bermuda....
...little to account for TMTG’s near $10bn valuation; it so far has one product, the social media platform Truth Social, whose most prolific poster is Trump and whose user numbers are dwarfed by the likes of X,...
...The Bermuda Monetary Authority declined to comment. The Utah state regulator declined to comment on A-Cap. AM Best declined to comment....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...Lloyd’s of London hopes a new investment structure it has agreed with UK financial regulators will attract billions of dollars in alternative capital and boost its competitiveness with other hubs such as Bermuda...
...Bermuda itself is central to Athene’s strategy and its original home before merging with US-based Apollo. Of its $24bn in total equity capital, $18bn is stationed in Bermuda entities....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...Nor, the medics asserted, should BMI alone be used to deny insurance reimbursement....
...X: @MoiraONeill, Instagram @MoiraOnMoney, email: moira.o’neill@ft.com....
...Ilke, TopHat and L&G are each lossmaking as they try to build scale. TopHat said it expects to hit profitability by 2024....
...AI funds to consider include Polar Capital Artificial Intelligence, Sanlam Global Artificial Intelligence and L&G Artificial Intelligence ETF....
...A valuation topping $9bn would mark an impressive outcome for L Catterton, which is backed by the French luxury fashion house LVMH....
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...Every year, the property industry descends on Cannes for a trade fair known as “Le Mipim” or the Marché International des Professionnels de L’immobilier (though I always referred to it as the Massive International...
...(The work takes its name from two ships built under duress in Bermuda by survivors of a 17th-century shipwreck.)...
...Standout Marsh McLennan O: 7; L: 8; I: 8; Total: 23 The team at the insurance group has created a legal innovation and technology unit run by chief legal innovation counsel....
...Lloyd’s has lagged behind on insurance-linked securities (ILS), which allow investors to back insurance policies directly, bypassing traditional insurance companies....
...Acne Studios leather and wood shoes, POA Louis Vuitton silk-mix jacquard and rhinestone-trim embroidered jacket, £8,500, and cotton Bermuda short trousers, £1,310....
...Now it has its eyes set on the US, which accounts for more than 90 per cent of its revenues through contracts with Medicare and Medicaid health insurance schemes....
...The executive, who Buffett promoted to vice chair in 2018 alongside insurance chief Ajit Jain, has yet to draw the type of crowd as Buffett and his right-hand man Charlie Munger....
...According to a blog post laying out L&G’s voting intentions in the coming AGM season, the £1.3tn investment arm of the UK insurance group plans to vote against management on a whole range of issues....
...The lawsuits stalled when a court in Bermuda ordered US-based Athene shareholders to drop their action in New York, saying they should litigate the issue on the island territory where Athene was registered...
...The sight of teal-clad Deliveroo riders whizzing around city streets on L-plated scooters has become one of the most striking features of lockdown life....
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