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...The Premier League, which last year strengthened the tests it carries out on club owners and directors, has been assessing 777 since September....
...Further reading: — What’s going on with US car insurance? — Unhedged episode on auto insurance — Allstate is a BBB credit now — The insurance storm continues — Car insurance! Again!...
...“All EU regulators are really down on PE fund owners right now,” said one insurance executive....
...Insurance also operates on rolling contracts. Right now, auto insurers are perhaps pushing up premiums to make up for higher post-pandemic costs. Both should settle, but it will require patience....
...Second, auto-insurance prices — our favourite CPI component from the past year! — has also been more muted in the PCE, the Fed’s preferred inflation gauge....
...Wingefors, Embracer’s co-founder and largest shareholder, said he planned to be a “long-term, active, committed and supportive owner of all three entities”....
...“All EU regulators are really down on PE fund owners right now,” one insurance executive told the FT....
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...Geely’s 2017 bailout of Lotus, when it took a stake in then-owner Proton, was welcome for a business that always drove on the verges of solvency....
...Tesla owners must be choking on their kale smoothies. Auto insurers have rapidly boosted prices for electric vehicle cover in the past year, much more than for fossil fuel cars....
...Eurovita, an Italian life insurer owned by a fund operated by Cinven, the British private equity firm, went into special administration this year after the owner did not provide the level of capital injection...
...The private credit industry often points out that they are safer owners of credit assets than banks, because they use less leverage and because they do not take deposits, which can run....
...Lotus came into the Geely fold in 2017, as part of a deal to invest in Malaysian owner Proton. After taking a 51 per cent stake, Geely poured £3bn into the once-sleepy business....
...Every fortnight, retired business owner Carolyn Davis drives more than 300 miles from her home in Florida’s Pensacola Beach to a hospital in Atlanta, Georgia, for an hour-long infusion of a novel medicine...
...this week when his company Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...In China, by far the biggest auto market, BYD’s low-cost pure battery and plug-in hybrids account for about one-third of all new electric vehicles sold....
...Domaine Chandon, Opus One and Dominus are long-standing Napa wineries with French owners or co-owners, respectively Moët-Hennessy, Baron Philippe de Rothschild and Christian Moueix....
...While fewer owners were making warranty claims, “the cost for repair has gone up” because of inflation. “The earnings are strong right now,” Jacobson said....
...The company has reached a tentative deal with the United Auto Workers and Unifor unions, as have Ford and GM, after the first-ever co-ordinated walkout at the three largest US carmakers....
...To do this, I looked at two time-slices of Federal Deposit Insurance Corporation data, from early 2003 and late 2023, using a data collection tool from BankRegData....
...Co-founded by Zhang Tao, the co-founder of restaurant review site Dianping, and backed by Chinese business figures such as Min Fan, co-founder of travel group Ctrip, Circle 33 gained notoriety by attracting...
...The commerce ministry has called for the “healthy development” of the country’s overseas EV expansion, including co-operating more with foreign partners and utilising free trade deals....
...The lower-price segment of the auto market has largely been abandoned by the “Detroit Three” of General Motors, Ford and Chrysler-owner Stellantis, who have concentrated instead on pick-ups and sports utility...
...Subprime giant Don Hankey, a subprime auto loan billionaire, is behind Donald Trump’s $175mn bond, the FT writes. Is the financial titan at risk of getting burnt?...
...General Motors has reached a tentative deal with the United Auto Workers union to end a six-week strike that also hit Ford and Stellantis, an agreement that will bring to an end the first co-ordinated walkout...
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