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Showing 1 - 10 of 28 results for "Insurance Fund"

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... share in the losses and potential recoveries on the loans covered. The FDIC estimates that the cost to the Deposit Insurance Fund will be about $13 billion, it said. Going forward, First Republic's 84 existing offices located across eight states ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund," Biden said. "Because of the actions that our regulators have already taken, every American should feel confident that their ...

ESR, GIC start sustainable venture

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
Alongside Singaporean sovereign wealth fund GIC, property giant ESR has raised $540 million for a combined anchor close of EADP II, a develop-to-core logistics fund that will further expand ESR Australia's strategy of delivering premium, sustainable ...

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
TAL Superannuation and Insurance Fund members will be transferred to a new fund under a successor fund transfer. On 31 May 2021, all members of the $1.1 billion TAL Superannuation and Insurance Fund will be transferred to Mercer Super Trust by way of ...

Sustainable ETF demand skyrockets

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
The growth in sustainable index funds shows no sign of abating as assets under management double to US$250 billion in just three years. That is according to research firm Morningstar, highlighting the changing attitudes of investors bending toward ESG-conscious ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... because CPF has three elements: it's a retirement account, it's a home saving fund and it's a health insurance fund." That said, while stimulating the economy with super could work, he said there's no way the current government would ...

Mercer wins super consulting mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
... October. Appointed by TAL for a period of six years, Mercer was selected to support the TAL Superannuation and Insurance Fund in its ongoing delivery of sustainable returns for members following a tender process earlier this year. The tender process ...

Queensland DB super liabilities tipped to fall 18pct

ALEX DUNNIN  |  THURSDAY, 15 JUN 2017
... investments are repatriated from the actuarially assessed defined benefit superannuation fund and Queensland Government Insurance Fund (QGIF) surpluses. These repatriations will be used to fund the State Infrastructure Fund and additional priority capital ...

Former QBE chief joins NSW insurance fund

ALEX BURKE  |  TUESDAY, 7 MAR 2017
The former chief executive of QBE in Australia and New Zealand will take on a senior role at icare, the NSW workers' compensation fund which was rebranded following the merging of its investment functions with TCorp. Tim Plant joins icare as group executive ...

Future Fund ranks worst in managing climate risk

LAURA MILLAN  |  MONDAY, 27 APR 2015
The Future Fund ranked worst in managing climate change risk, along with three other top superannuation funds in Australia, an Asset Owners Disclosure Project (AODP) global survey revealed. REST, Telstra Super, Super SA, Asgard and GESB also received ...
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