JAB Holding has tightened its grip on the booming US pet care business with a $1.4bn funding in Fairfax Monetary Holdings’ pet insurance coverage enterprise, every week after US regulators raised issues in regards to the European non-public fairness agency’s rising affect within the American veterinary market. JAB has acquired […]
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HAMILTON, Bermuda–(BUSINESS WIRE)–Global Atlantic Financial Group (“Global Atlantic”), a leading U.S.-focused annuity, life insurance and reinsurance company, today announced the signing of a USD $4.8 billion reinsurance transaction between its Bermuda-based subsidiary Global Atlantic Assurance Limited and AXA China Region Insurance Company Limited and AXA China Region Insurance Company (Bermuda) […]
Senate Majority Leader Chuck Schumer, D-N.Y., speaks to reporters before meeting with Democratic members of the Texas Legislature who are trying to kill a Republican bill in Austin that would make it harder to vote in the Lone Star State, at the Capitol in Washington, Tuesday, July 13, 2021. (AP […]
By DAVID MCHUGH, AP Business Writer FRANKFURT, Germany (AP) — Some 130 countries have agreed on a global minimum tax backed by President Joe Biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. The agreement announced […]
José Feliciano Behdad Eghbali and José Feliciano, the newly minted billionaire founders of Clearlake Capital Group in Santa Monica, are collecting new industries at a head-turning speed. The private equity firm’s merger and acquisition activity has accelerated in recent months as the Covid-19 pandemic has begun to recede in many […]
The Commonwealth Bank is selling its general insurance business. (Photo by Chu Chen/Xinhua via Getty) Australia’s biggest bank has announced it is selling its general insurance business, CommInsure General Insurance, to global insurance giant Hollard in a $625 million deal. The agreement will create a “15-year strategic alliance” with Hollard […]
President Joe Biden speaks at a Memorial Day event at Veterans Memorial Park at the Delaware Memorial Bridge in New Castle, Del., Sunday, May 30, 2021. (AP Photo/Patrick Semansky) Patrick Semansky AP WASHINGTON Transportation Secretary Pete Buttigieg said Sunday time is running short for a bipartisan deal on infrastructure, indicating […]