Hints and tips:
...The broker on Monday issued a statement following a release of flows data from February, emphasising that 80 per cent of the company’s bank deposits were within the Federal Deposit Insurance Corporation...
...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!...
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...Healthcare provisions will still be available for UK visitors into Europe on a basis similar to the current European Health Insurance Card....
...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....
...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...
...Over the past 18 months, brands from insurance groups to ice cream sellers have paid him — typically several thousands of dollars per post — to promote their products....
...The aim is for companies that have “a secure balance sheet and a business model that is well positioned to cope with the spread of the coronavirus and a temporary lockdown across multiple countries”....
...Another measure of the group’s dealmaking firepower, so-called float — insurance premiums the company has collected before it has settled claims — rose $2bn from midyear to stand at $118bn at the end of...
...Fiscal consolidation should wait until the recovery is on a more secure footing....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...But it is not the only insurance company with a financial interest in sport....
...Insurance? You get the picture. But just because it’s a mainstay of the modern investing scene, does not mean all is well inside the company....
...The tax reforms helped increase the company’s net earnings by roughly 87 per cent from a year earlier to $44.9bn, even as it shied away from the types of mega-acquisitions for which it is known and its insurance...
...To give you a sense of how desperate companies are to secure new assets you just need to remember how Sanofi started a bidding war for Medivation, only to lose out to Pfizer in August 2016, and how it later...
...There were 121,300 non-doms in 2014-15, up 1 per cent compared with the previous year, and together they paid a total of £9.3bn in income, national insurance and capital gains taxes....
...Senate Minority Leader Chuck Schumer said Republicans would need 60 votes to secure Mr Gorsuch a seat on the court....
...In the worst of three scenarios it suggested that 21 of the 83 insurance companies it surveyed, with a market share of 35 per cent, would not meet minimum capital requirements by 2025....
...Wide handlebars allow for slow-speed feet-up manoeuvres most riders of sports bikes can only dream of, and even at speed handling is impressively secure....
...From 2018, they will also attract employer national insurance....
...This will remove over £1bn from the cost of providing motor insurance. We expect the industry to pass on this saving, so motorists see an average saving of £40-50 per year off their insurance bills....
International Edition