Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...The FT’s San Francisco correspondent Patrick McGee speaks to edtech innovators who are rethinking traditional degrees and a trucker who learned to code, in the latest edition of the Tech Tonic podcast....
...The $760bn-in-assets conglomerate is skewed towards financial companies — it owns large insurance companies, such as Geico, outright and stakes in many of America’s largest banks — and industrials....
...According to data from CB Insights and Willis Towers Watson, between 2012 and the first quarter of 2019, there were 627 deals involving investment in property and casualty insurtech companies....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...But while helping more people compare insurance premiums and credit card rates helped lift first-half revenue and net profit by 5 per cent — to £174m and £43m respectively — it thinks more could be done...
...This means that this is just as much about soyabeans and American jobs as it is about billion-dollar chip deals, Chinese telecom companies in the US, and the future of China’s domestic artificial intelligence...
...Investment strategy: A value investor and a disciple of Ben Graham, Mr Watsa invests via his insurance company Fairfax Financial Holdings....
...Mr Buffett has also heaped praise on Tony Nicely, the head of Geico for 18 years during which he has transformed the property and casualty insurance business into a powerhouse with almost a 10th of the US...
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
...It was partly the interest of large numbers of sophisticated and demanding collectors that brought out the best in Cartier’s artisans in Paris between 1905 and 1915, and from 1920 to 1935....
...In recent weeks the main casualty has been V-Bird, a small Dutch-owned carrier operating out of Düsseldorf-Niederrhein airport in Germany, which has ceased operations....
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