Hints and tips:
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Green's motor insurance provider cancelled his cover as soon as he switched his address to a Gypsy site. I phoned 54 insurance companies....
...Sushil Wadhwani, chief investment officer at PGIM Wadhwani: The UK is likely to underperform most G7 economies....
...Lincolnshire, Essex, North Yorkshire and Cambridgeshire were the most affected English counties, each recording more than £2m of thefts, while crimes in Northamptonshire and Wiltshire more than doubled....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...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....
...“While many mutual funds and trading accounts continue to face selling pressure, other money managers, banks, and insurance accounts have been buyers at these new yields,” Mr McGowan said....
...Sushil Wadhwani, chief investment officer at QMA Wadhwani, a PGIM company: It is most unlikely that the UK economy will regain its pre-pandemic size in 2021....
...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....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...Progress with its new fixed price motor insurance is good — instead it is travel that is causing Saga headaches....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Sushil Wadhwani , chief investment officer, QMA Wadhwani, a PGIM company Yes, I do expect a bounce in growth that lasts at least a couple of quarters....
...Liberty IT has more than 400 employees that supply its Boston, Massachusetts-based parent company, Liberty Mutual Insurance, with technological solutions....
...estate and hotels, as well as insurance and financial services”....
...For this, Charles Dickens, the creator of a famous fictional legal battle — Jarndyce v Jarndyce — might be responsible....
...There is, for instance, no such provision for commercial banking or primary insurance. Some argue these gaps would need to be filled for the mechanism to be a credible option for the UK....
...The farming families toiling away in the make-believe county of Borsetshire have had more than their fair share of drama....
...He knows little about overseas markets but sees no alternative given that his political supporters, including the county Communist party head, are in prison....
...British motorists can now view their own driving record online, as can their insurance providers. They can buy, register and transfer personalised number plates online....
...But it’s a useful insurance policy if the economy were to take a sudden cyclical lurch downwards....
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