These so-called closed books will honour existing policies but not generally issue new ones.
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The sales of the Ergo and the Generali portfolios would mark the largest closed books sale ever.
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The reinsurer said that it was important for ReAssure to have access to new capital to acquire additional closed books.
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The moves comes as some life insurers are considering selling their life insurance portfolios as closed books to companies like ReAssure.
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ReAssure wants access to new capital to acquire additional closed books of policies, which pay out to existing members are no longer actively sold.
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German firms such as Viridium - owned by Cinven and Hannover Re - and Fosun-backed Frankfurter Leben have shown interest closed books, as has Bermuda-based Athene.
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Phoenix bought SLA's ongoing Irish and German insurance businesses, as well as closed books of annuities, in a 21 billion pound ($20.7174 billion) deal announced last month.
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It said any potential initial public offering (IPO) of ReAssure could help grant access to new capital in order for the U.K. unit to acquire additional closed books.
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Phoenix bought SLA's ongoing Irish and German insurance businesses, as well as closed books of annuities, and the enlarged company is expected to have 240 billion pounds of assets under management.
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Mindful of the recent choppy backdrop, Bank of America/Merrill Lynch, Barclays, Goldman Sachs, and JP Morgan — active bookrunners on the CVS trade — closed books unusually early by 10:30 a.m.
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Rothesay had approached Swiss Re some weeks back to buy ReAssure, Swiss Re's British closed books division, and would make a formal offer in the coming months, Sky News reported here, citing sources.
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"Strong directional moves at this time of the year should always be taken with a grain of salt with so many participants, either away, or having closed books for the year-end," Halley said.
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"Strong directional moves at this time of the year should always be taken with a grain of salt with so many participants, either away or having closed books for the year-end," he said.
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In response to tougher European Union rules introduced after the financial crisis, insurers have increasingly looked to free up capital by offloading closed books of annuity business to specialist firms such as Rothesay and Phoenix Group.
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It said it was interested in further closed books of annuities, which pay a fixed income for life, after buying a 3 billion pound book of UK policies closed to new customers last year from Dutch insurer Aegon.
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Hit by a 17 percent fall in first-half net profit, Swiss Re in August announced it was exploring a possible 2019 listing for ReAssure on the grounds that the business needed access to new capital to acquire additional closed books.
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Roger Malone (19 May 1986). "From Atomic Energy to Espionage" in "Web of Intrigue Surrounds Mole Mystery", Western Morning News. p. 4.Stuart Wavell (26 January 1985), "Sealed Lips and Closed Books". The Guardian. p. 11.
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They are created by printing to the edge of the sheet so that they are visible on the closed books' edge. Advantageously, edge indexing is part of the printing process, permits nearly unlimited headings, and does not add the cost of binding. These are offset by the disadvantage of being unable to know what a mark refers to without opening the book.
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Library or archival materials are usually displayed in display cases or frames. Cases provide a physically and chemically secure environment. Vertical cases are acceptable for small or single-sheet items, and horizontal cases can be used for a variety of objects, including three-dimensional items such as opened or closed books, and flat paper items. All these objects can be arranged simultaneously in one horizontal case under a unified theme.
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They are created by printing to the edge of the sheet so that they are visible on the closed books' edge. When each edge index mark labels one chapter, the desired one can be found by counting the marks. When the edge index marks label first letters in a dictionary or telephone book, some can be identified by their "thickness", (e.g., in English there are only few words beginning with "Q", but many beginning with "S").
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In the columns of the central door and the two side doors, are figures of apostles, prophets and other figures with their symbolic attributes. All are topped with their own elaborately carved capital, which depict different animals and human heads with leaf motifs. The names of some of the figures are on the books or scrolls that they hold in their hands. The scrolls symbolize the Old Testament while closed books are meant to be the Apostles or the New Testament.
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Toward the 1970s, the faction was unofficially headed by Anthony "Tumac" Accetturo, because Accetturo had not yet been inducted into the Lucchese crime family due to "closed books". The leader of the faction was still Joseph Abate, with Anthony Accetturo as his protégé waiting to take over. The faction then came to control the entire Newark area, with loansharking, illegal gambling, narcotics, money laundering and extortion operations. Reportedly, with Accetturo in charge of the crew, they handed something between $70,000 and $80,000 a year to Tommy Lucchese.
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"Sealed Lips and Closed Books". The Guardian. p. 11 It won a South West Arts Literary Award. Throughout the 1960s, '70s and '80s, allegations – in newspapers, broadcasting and books – were common currency that the Soviet Union had a "Fifth Man", in addition to Burgess, Maclean, Philby and Blunt, somewhere at the top of MI5 or MI6.Chapman Pincher (1981), Their Trade is Treachery It was often suggested that this was Sir Roger Hollis, who had served in MI5 during the war and as its Director-General 1956–65 – and been summoned from retirement to be grilled by his former subordinates, but not to any conclusion.
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Guðmundur Kamban (8 June 1888 – 5 May 1945) was an Icelandic playwright and novelist. He was born near Reykjavík, son of a merchant of an old and well- known Icelandic family. He graduated from the College of Reykjavík, where he received honoris causa in literature and language. While still at college, he was made assistant editor of the best known newspaper in Iceland, edited by Björn Jónsson. In 1906 his psychic abilities were also investigated by the Experimental Society founded by Einar Hjörleifsson Kvaran: as a clairvoyant, he succeeded in divining the contents of closed books, and as an automatic writer he penned works supposedly by Hans Christian Andersen, Jónas Hallgrímsson, and Snorri Sturluson.
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