Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Several of the worst-performing companies in the index, including Hippo and Root, focus on personal lines of insurance such as home and auto....
...The White House is banking on a V-shaped recovery in the third quarter to boost growth as voters are preparing to cast ballots....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Retailing, Autos, Banks and Luxury have the highest proportion of dividends exposed to cuts / suspensions in our database....
...Less hurt by virus outbreak and less disrupted: The lockdown should limit auto and housing claims while virus related business disruption claims are largely excluded from contracts....
...California has de facto mandated what some auto insurers had already voluntarily started to offer consumers in the past week....
...According to Auto Express, 97 per cent of the 203 authorised motor insurance companies use the Motor Insurance Anti Fraud & Theft Register (MIAFTR) to do this....
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...Sectors that currently trade at the biggest P/E discount to history are Autos, Banks, Energy and Miners....
...These include maintenance, depreciation, security, IT, insurance, theft, regulation and developer costs, and must all be passed on to fleet managers in a shared-mobility model, cutting into affordability...
...Gide Loyrette Nouel, the law firm, has hired Olivier Diaz from Skadden, Arps, Slate, Meagher & Flom. Diaz spent eight years at Gide before joining Linklaters in 1998, Legal week reported....
...For anything else unexpectedly impacting resale value there was insurance and/or customer liability....
...auto loans....
...Maintaining trust is vital for ADAC, which provides a range of other services including crash-tests and 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....
...Only one of the prospectuses (V) mentions Morgan Stanley, and that’s as a counterparty to a currency swap....
...V....
...Should we start worrying about bans and insurance companies with respect to this re-pricing?...
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