Hints and tips:
...Gaps in coverage are already emerging: US companies State Farm and Allstate have stopped accepting new home insurance policies in California thanks to the state’s wildfire risk....
...The share price of two of the largest US car insurance companies — Take Allstate and Progressive — have fallen in the past month, reflecting the rising costs of underwriting auto insurance policies....
...Novo Nordisk became Europe’s largest company by market cap this year, its centenary. What was the first product it produced? How many of the S&P 500 companies have a female CEO?...
...Mark O’Connell in Slate asked what it is to play with cliché in Blarney and put-on Irishness....
...The cost of buying insurance against Credit Suisse defaulting on its debt soared to a record level yesterday, as analysts and investors questioned the strength of the Swiss bank’s balance sheet....
...its life insurance affiliate Athene....
...“The ultimate goal is inclusion into the S&P 500,” added O’Hara. “The bottom line here is the continued evolution of the alternative asset managers into the public domain.”...
...But Marks is a different personality entirely....
...Morten O. Ravn: Hopefully not....
...A financial services team would sell you insurance and take care of your savings. If you got married, had a baby or wanted a midlife makeover, the company could schedule a consultation....
...Get in touch: Due.Diligence@FT.com KKR makes a big bet on insurance At this point, using the term “private equity group” to describe a financial services company like KKR or Apollo Global Management is...
...While North Dakota’s Bakken is entering a twilight, the Permian is showing signs of recovery after 2020’s price crash....
...Hooray, says JP Morgan Caz: [O]verall we see this as a reassuring message to the UK insurance industry....
...The reintroduction of a 20-year Treasury, last sold in the 1986, is seen attracting “robust demand from corporate pensions, insurance companies and others, but would find less demand from foreign buyers...
...Tui, with a tenth of its fleet in Maxes, is the FTSE 100’s biggest faller at pixel....
...When Anbang Insurance bought a portfolio of upmarket US hotels and resorts from Blackstone in 2016, the Chinese group was one of the fastest-growing financial institutions in its home market with a penchant...
...D&O insurers are facing an uphill battle If you’re in the business of providing liability cover for corporate directors and executives — so-called directors and officers (D&O) insurance — you’ve got two...
...Nevertheless, Ms O’Neill stresses this summer is the time for DIY investors to review their portfolios and assess whether they are comfortable with their level of exposure to the UK and smaller companies...
...A rise in the S&P 500 above 2,800 is the first step required to soothe Wall Street and what was a recent floor for the market remains a ceiling as the benchmark closed below that mark for the second day...
...AIG’s share price has wilted since last May, down 14 per cent against a 14 per cent rise for the S&P 500 over the same period....
...It’s good news for Anbang that it was able to sell the troubled brokerage Century Securities to two state-owned companies in what marks its first major asset sale. But it has a lot more work to do....
...Portfolio insurance was invented by Hayne Leland, John O’Brien and Mark Rubinstein in the 1970s, and eventually became wildly popular in the 80s as a way to protect against market corrections....
...That required a bungled press briefing in March 2014 triggering a six-hour false market in insurance shares and Mr Wheatley’s eventual departure....
...of 2014’s bonus season....
...In 2013, Britain’s biggest companies paid more in national insurance contributions than corporation tax for the first time....
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