Hints and tips:
...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
...FSD Africa has worked on creating private debt instruments which channel African insurance money into renewable energy projects....
...Or as David Frederick of the National Security Agency echoed: “You cannot overstate the critical mass of prepositioning and attack capabilities.”...
...Highlighting continued caution from regulators, the agency last month delayed an approval decision on donanemab, Eli Lilly’s Alzheimer’s drug....
...Financial markets shrugged off the GDP data, with sterling flat against the dollar at $1.2792 and interest rate-sensitive two-year gilt yields unchanged at 4.2 per cent....
...The statement followed a downgrade from rating agency Moody’s on Tuesday, which cut the bank’s overall credit rating to junk....
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time....
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...Private credit co-heads James Reynolds and Kevin Sterling have also been named global head of direct lending and global head of investment-grade private credit and asset finance, respectively....
...Last year it raised $4.5bn towards an eventual $8bn goal from global pension funds, insurance companies and sovereign wealth funds....
...The disclosure came days after rating agency Fitch stripped the US of its prized triple A rating....
...Under the microscope Apollo’s bold bet on insurance has made it the envy of the private equity world. But it has also invited more scrutiny, Bloomberg reports....
...The advert, made under the umbrella of Burrell-McBain Inc (“An Advertising Agency for the Black Commercial Market”) formed in 1971, was a partnership between Tom Burrell, who was a copywriter by trade, and...
...Drugmakers pay rebates to ensure their treatment is placed on the lists of drugs covered by insurance companies....
...via the government body charged with resolving disagreements over the cost of hospital care, according to an official tally published by the Centers for Medicare and Medicaid Services, a US government agency...
...Tepezza costs approximately $350,000 for a six-month course of treatment, while an annual supply of Krystexxa costs $650,000, according to the agency....
...“It underestimates the consequences of the structural reforms adopted in the last few months by the French government, [notably] the reforms on unemployment insurance, pensions and production taxes.”...
...Rating agencies typically treat preferred stock deals more favourably than run-of-the-mill loans....
...A version of this article was first published by Nikkei Asia on August 4. ©2023 Nikkei Inc. All rights reserved....
...On Sunday night, the Federal Deposit Insurance Corporation announced a deal to transfer much of Signature Bank to New York Community Bancorp....
...Furthermore >90% of balances were over the $250k FDIC insurance limit....
...Pressing ahead with preparatory work on a digital sterling is similar to taking out insurance against an uncertain world in which the payments landscape becomes much less customer-friendly than the one of...
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