Hints and tips:
...the mutual in 2022....
...The deal would also be a rare acquisition of a listed company by a mutual, which is owned by its more than 16mn members who have a current account, mortgage or savings with the company....
...“What was your available cash was certainly something investors were looking at,” said Josh Rosner, an independent banking analyst and managing director of Graham Fisher & Co....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...health insurance provider....
...“Migrant workers are much less likely to have formal labour contracts that allow them to pay into social insurance schemes that protect them if unemployed,” she says....
...In 2008, the firm also financed a $1.35bn rescue of Washington Mutual bank, an investment that was wiped out within months....
...While theatre owners and companies welcomed the extra money ploughed into the sector, the Budget announcement did not address the lack of Covid-related insurance for big productions....
...In the UK, polling company YouGov called age the “clear dividing line in British politics”....
...“The basic fact is that pandemic risk is not insurable,” said Jimi Grande, head of government affairs at the National Association of Mutual Insurance Companies....
...Among them, Insurance provider Liberty Mutual has no board members with climate credentials and drugs distributor McKesson — which has been sued for alleged involvement in the opioids crisis — has no board...
...Greenpeace blames the Asean code of non-interference in mutual affairs and consensus for the absence of progress....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...Our insurance team’s favorite life companies are Prudential and ASR We remain overweight of P&C Defensive: The sector should be agnostic to the cycle (having no correlation with HY spreads and PMIs) yet...
...New Zealand has ordered residents to self-isolate ahead of a nationwide lockdown in 48 hours....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...Her opening show is of about a dozen works by Ayana V Jackson, who questions the colonial gaze in the history of photography (works priced between $15,000 and $25,000)....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...Cash is with the Nationwide....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Simon French: The UK economy faces a real problem from the growing disincentives to be a publicly listed company....
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