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That said, group life insurance often has lower coverage limits than private plans. This is where voluntary (or supplemental) life insurance steps in. It bridges the gap, offering higher limits at ...
An insurance company may make an ex gratia payment to customers if a claim does not meet the terms and conditions but the company chooses to make a voluntary payment out of kindness or compassion, without recognizing any obligation to make such a payment. [citation needed]
The main owner of the bank is the ONEXIM group, which owns 83.02% in its authorized capital. [12] Another 6.5% is owned by Evgeny Yurchenko. [13]At the beginning of 2012, the ONEXIM Group acquired a 32.25% stake in the bank from Renaissance Group, [14] and in November 2012 it bought out the remaining stake in Renaissance Group, increasing its stake to 89.52%. [15]
Renaissance Capital was established in 1995 by a group of founding partners, including Stephen Jennings, Boris Jordan, Leonid Rozhetskin, Anton Kudryashov and Richard Deitz. Since 2004, Oleg Zhelezko, at the invitation of Stephen Jennings, took control of the direction of trading in derivative securities in the Renaissance Capital investment ...
A term is a condition (rather than an intermediate or innominate term, or a warranty), in any of the following five situations: (1) statute explicitly classifies the term in this way; (2) there is a binding judicial decision supporting this classification of a particular term as a "condition"; (3) a term is described in the contract as a ...
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures. The company operates in reinsurance, insurance and ventures.
Voluntary disclosure is the provision of information by a company's management beyond requirements such as generally accepted accounting principles and Securities and Exchange Commission rules, [1] [2] where the information is believed to be relevant to the decision-making of users of the company's annual reports.
In 2017, Fintrax Group acquired Planet Payment, a leading provider of international and multi-currency processing services, for $250 million. [11] It also announced the acquisition of GB TaxFree, the third largest tax refund provider in the UK, for £15 million. [12] In 2018, The company is rebranded Planet. [13]