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Pacific Crest Securities was an American independent investment bank initially based in the Pacific Northwest region. [ 1 ] [ 2 ] The bank focused on the global technology sector in institutional equities (research, sales, trading) and investment banking (mergers and acquisitions and public offerings).
On April 17, 2023, Pacific Life completed the sale of Pacific Asset Management to Aristotle Capital Management. [12] The Pacific Life Foundation was established in 1984 and is headquartered in Newport Beach, California. Together with Pacific Life, the Foundation has contributed more than $142 million to community and national nonprofit ...
Homeowner insurance becoming altogether unavailable in places like Pacific Palisades, where the current spate of fires began on Tuesday, is the best, if somewhat counterintutive, way forward ...
Richard Li of Pacific Century Group formed FWD Group in 2013 [8] after purchasing ING Group’s insurance and pension units in Hong Kong, Macau and Thailand for US$2.1 billion. [ 5 ] [ 10 ] Swiss Re bought a 12.3% stake in FWD Group in 2013 [ 14 ] for $425 million. [ 15 ]
The fund is administered by the state but funded by insurance providers. In Pacific Palisades, 1,430 homes were on the state plan, up 85% from the year earlier. The state pool now covers $5.9 ...
In fact, between 2020 and 2023, insurance premiums in the top counties for climate risk increased by 22%, the report finds; from 2017 to 2022, insurance premiums increased 40% faster than inflation.
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