[ad_1] TOKYO—Big Japanese investors stumbled disastrously into the U.S. commercial real-estate market in the late 1980s, when they bought high-profile properties like New York’s Rockefeller Center not long before the…
Tag: Life Insurance
Sumitomo Life to Buy Stake in Singapore Insurance Business for S$1.6 Billion
[ad_1] Published: Dec. 21, 2023 at 11:54 p.m. ET By P.R. Venkat Sumitomo Life Insurance has agreed to pay 1.6 billion Singapore dollars (US$1.21 billion) to TPG for a substantial…
Sumitomo Life to Buy Singapore Insurer in S$4.6 Billion Deal
[ad_1] Updated Dec. 22, 2023 1:48 am ET SINGAPORE—Sumitomo Life Insurance has agreed to buy Singapore Life Holdings in a deal that will value the homegrown insurer at 4.6 billion…
Sumitomo Life to Buy Stake in Singapore Insurance Business
[ad_1] Dec. 22, 2023 12:20 am ET Sumitomo Life Insurance has agreed to pay 1.6 billion Singapore dollars (US$1.21 billion) to TPG for a substantial stake in a Singapore insurance…
Swiss Life CEO to Step Down
[ad_1] Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the…
Lloyd’s business plan aims for 11% GWP growth – Insurance News
[ad_1] Lloyd’s is planning for gross written premium (GWP) to increase 11% next year to £60 billion ($114 billion), Chief of Markets Patrick Tiernan says in a fourth quarter message. …
How to Donate to Charity, Get a Tax Break and Have Income for Life
[ad_1] Tax breaks for charitable donations come in many flavors, and this year Congress has a new one for seniors called an IRA charitable gift annuity. It allows older owners…
Innovation needed as mitigation offers ‘cold comfort’: Business NSW – Insurance News
[ad_1] Business NSW has called for the development of innovative insurance products that can deliver affordability and claim handling benefits, given slow-moving risk reduction reforms offer “cold comfort” for firms…
Hedge Funds Copy Citadel Fee Model in Fight for Top Asia Traders
[ad_1] Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to…
Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.
[ad_1] Wall Street’s doom-mongers spent years warning that private lenders would be the next bubble to burst when central banks tightened policy. Instead, the funds are becoming even more ubiquitous…