Hints and tips:
...“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....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Take electric vehicle start-up XL Fleet as an example. Shares in the company shot up almost 70 per cent to a peak of $35 after it went public via a Spac in December....
...By classifying drivers as independent contractors, Uber does not have to pay costs for benefits such as health insurance and sick leave that they must offer employees....
...The proceeds of Thursday’s IPO all go to the parent Axa as it looks to fund its $15bn buyout of property and casualty insurer XL Group. Axa has other priorities than its US businesses....
...Cebile Capital, a private equity placement agent, has hired Steven Westerback as president, head of the Americas....
...Large scale M&A in insurance has taken a breather since the merger mania of 2015, when Ace struck a deal with Chubb, XL bought Catlin and brokers Willis and Towers Watson came together....
...Yet one in 20 space launches ends in failure, according to XL Catlin, an insurance underwriter, and delays are common due to technical challenges and bad weather....
...Last year XL bought Catlin for about £2.8bn, the largest-ever takeover of a Lloyd’s underwriter, while Fairfax Financial, also based in Toronto, agreed to buy Brit....
...When the law was passed, millions of Americans secured health insurance coverage for the first time — and they quickly made a beeline for hospitals to get treatment for ailments they had been living with...
...Silicon Valley may have an image as a haven of libertarianism but some are surprisingly keen on the idea of greater social insurance — such as a “citizen’s” or “basic” income — to be funded by a digital...
...It will be launched at the Cop 21 climate summit in Paris, and will be co-chaired by Stephen Catlin, deputy chairman of XL Catlin....
...XL has agreed to buy smaller UK-listed rival Catlin for £2.8bn and RenaissanceRe struck a deal in November to purchase Bermuda-based rival Platinum Underwriters for $2bn....
...The takeover battle comes as insurance dealmaking heats up....
...Dealmaking in the reinsurance industry — which allows insurance companies to transfer the risks of hurricanes, earthquakes and other disasters — is heating up....
...A transaction would be the latest sign that mergers and acquisitions activity in the specialist insurance and reinsurance sector is heating up....
...It follows XL’s agreement this month to buy smaller UK-listed rival Catlin for £2.8bn and RenaissanceRe’s deal in November to purchase Bermuda-based rival Platinum Underwriters for $2bn....
...Freemium v paid: Streaming competition swells YouTube is one of several Spotify competitors bringing streaming services to the market this year....
...New York-listed XL is continuing talks with Catlin over the terms of its planned acquisition of the FTSE 250 company, which would be the largest ever purchase of a Lloyd’s insurer....
...(Financial Times) In response to regulation, Goldman ditching less profitable clients and changing rules for hedge funds (WSJ) Argentina v holdouts: plus ça change (Financial Times) Espírito Santo: the...
...● JPMorgan Asset Management has appointed James Peagam as European head for global insurance solutions....
...● Nick Pemberton has moved from Aviva to MetLife, the insurance group, as strategic accounts manager in its employee benefits business....
...Awkward (Financial Times) Moscow’s ‘political technologists’ specialise in creating pure spectacle (Financial Times) Sleaze v spin in Mexico’s race for reform (Financial Times) The SEC is turning into...
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
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