Published: Friday | September 25, 2020 | 12:12 AM Regional insurance powerhouse Guardian Holdings Limited, GHL, aims to raise $13.4 billion in a corporate bond offer in Jamaica that closes today, Friday. The company, based n Trinidad & Tobago but majority-owned by Jamaica’s top banking conglomerate, NCB Financial Group, plans to use the proceeds of the issue for “balance sheet support for a GHL subsidiary”. The Financial Gleaner awaits a response from broker NCB Capital Markets on whether the issue being done in Jamaica is linked to the deal in which the operations of NCB Insurance are being combined with that of Guardian Life Limited. NCB Financial took over GHL last year, when it...
Continue reading...
Beverly Hills High end lifestyles are the norm in Beverly Hills. Tourist attractions like Rodeo Drive and the Greystone Mansion bring millions to Beverly Hills every year. For those who live here, being able to maintain an affluent lifestyle, identify new opportunities to grow and protect wealth, and ensure a future legacy are at the heart of WestPac Wealth Partners commitment to the Beverly Hills community. The Beverly Hills team of WestPac Wealth Partners includes financial advisors, insurance professionals, wealth managers, and investment professionals who live a common goal - empowering clients to take control of their lives and guide them to build a clear path to their financial...
Continue reading...
latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/covid-19-mortality-drives-historic-rise-in-us-life-industry-death-benefits-60330507 content COVID-19 mortality drives historic rise in US life industry death benefits The U.S. life insurance industry experienced its largest year-over-year increase in death benefits in any quarter in at least the past 19 years as the pandemic pushed claims volumes higher. At $21.54 billion, according to data compiled as of Sept. 14, second-quarter death benefits represent an increase of 18.2% on a year-over-year basis. It also represented the highest level of death benefits on an absolute basis unadjusted...
Continue reading...
The House of Representatives is currently investigating the insurances of the Nigerian National Petroleum Corporation (NNPC), and a few Ministries, Departments and Agencies (MDAs), to evaluate the insurance portfolios of NNPC to know the viability of the allegation levelled against it. The lawmakers, a month ago, said it will carry out an investigation into $179 million premium allegedly paid by NNPC and Joint Ventures (JVs) for non-existing assets overseas as well as the implementation of insurance policies of other MDAs. Other issues the lawmakers said it will look into include ineffective regulation of foreign placement of insurance, alleged breaches on insurance business by industry...
Continue reading...
A California court has appointed Carol Burnett and her husband as temporary guardians of her 14-year-old grandson after they filed for guardianship citing what they said are her daughter's addiction issues. The legendary comedian, 87, and her husband, Brian Miller, were appointed legal guardians of her grandson, Dylan Hamilton-West, through Jan. 8, 2021, according to documents from Los Angeles Superior Court obtained by NBC News. Carol Burnett and her husband have been awarded temporary guardianship of her 14-year-old grandson due to what they said in a court filing are her daughter's addiction issues. Bauer-Griffin / GC Images Watch TODAY All Day! Get the best news, information and...
Continue reading...
This post was contributed by a community member. The views expressed here are the author's own. The Bulfinch Group is pleased to announce that Andrew Altenbach has become affiliated with the firm. Founded in 1994 and headquartered in Needham, MA with offices throughout New England, The Bulfinch Group is a wealth management firm headquartered at 160 Gould Street in Needham, MA. “We are pleased to have Andrew join our organization,” explains Bulfinch Group President Seth Medalie, CLU® ChFC®. “Andrew brings a wealth of knowledge regarding the complexities of business development and wealth protection to his new post. He will be a tremendous addition to The Bulfinch Group and a remarkable...
Continue reading...
Lightsource bp, a global solar development company, has successfully closed on a $20 million financing package and has mobilized construction on its Wildflower Solar project located in Rio Linda, about 10 miles north of Sacramento, Calif. All of the electricity generated by the 16.5 MW DC/13 MW AC project will be purchased by the Sacramento Municipal Utility District (SMUD), a community-owned, not-for-profit, electric service providers in the U.S., through a long-term power contract. SMUD will use the power purchased from Wildflower to support its Neighborhood SolarShares program that can provide solar to new housing developments through an off-site utility-scale solar project. The...
Continue reading...
Against a backdrop of a global pandemic and mounting pressure to achieve inclusion and gender diversity, Dive In Festival makes an impressive return to Nigeria and goes virtual. This event, billed to take place on Thursday September 24, 2020 will cover subjects such as flexible working allyship, gender identity, mental and physical health in the workplace. Facilitating this virtual event in Nigeria is Esther Awoniyi, financial broadcast journalist and business anchor at CNBC Africa with renowned speakers and leaders in insurance sector, Adetola Adegbayi, Executive Director of General Insurance Business Division, Leadway Assurance Company Limited, Funmi Omo, Managing Director, African...
Continue reading...
Naples Located along the Gulf of Mexico in Southwest Florida, Naples is a community known for high-end shopping, world-class golf courses, miles-long stretch of white sand beaches, family-friendly activities, arts, and culture. Naples offers visitors and locals an array of entertainment options including kayaking and canoeing through Manatees and Mangrove Tunnels, tours of Ten Thousand Islands, excursions to the Everglades, and walks along The Naples Pier. The Naples Pier is a renowned city symbol and popular fishing and dolphin-watching spot. While Naples provides an abundance of outdoor entertainment, it also boasts vibrant arts and nightlife scenes. The Bayshore Arts District is home...
Continue reading...
Austin Austin is not only the capital of the great state of Texas, it is one of the most dynamic cities in the United States. Known as the “Live Music Capital of the World”, Austin crackles with energy day and night. Millions flock to Austin each year to indulge in first-class cuisine, take in unparalleled entertainment, meet and network with influential marketing, advertising and film leaders at SXSW, and explore the city’s renowned hiking trails. Yes, folks like to “Keep Austin Weird” but there is nothing odd about why people visit and choose to call Austin home. The opportunities are endless. Speaking of opportunity, the team at Rethink Wealth approaches...
Continue reading...
