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22.02.26 - 08:24
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Romance fraud: warning over scam that turns victims into insurance cheats (The Guardian)
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Insurers say cases of scammers manipulating people into staging crashes and filing bogus claims are under-reportedRomance fraud typically evokes images of people being tricked out of their life savings by partners they meet on dating sites, but some scammers use a different tactic: recruiting unsuspecting victims into fake insurance claims.The scam involves a fraudster convincing their partner, or a person they are dating, either to say they have witnessed a car accident, or to take out an insurance policy and file a bogus claim in order to secure a payout. Continue reading......
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21.02.26 - 00:18
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Blue Owl Sold Loans To Pensions, Own Insurance Arm (Bloomberg)
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Blue Owl Capital, facing a looming deadline to return cash in one of its private credit funds, found four buyers for a $1.4 billion portfolio of loans to help pay out investors: Three of North America's biggest pension funds and its own insurance asset manager. (Source: Bloomberg)...
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20.02.26 - 15:42
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Apollo on Private Credit: ′We Don′t Do What Banks Do′ (Bloomberg)
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Apollo Global Management Inc. Chief Executive Officer Marc Rowan and Eiji Ueda, the firm's Asia-Pacific chief, discuss how the business's private-credit expertise meshes with Japan's needs to finance capital investment. They speak with Bloomberg Television's David Westin on Wall Street Week. (Source: Bloomberg)...
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