Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...“The Russians’ strategy is to show it is much more resilient to casualties than Ukraine,” said Oleksandr V Danylyuk, head of the Centre for Defence Reforms, a think-tank in Kyiv....
...In his most recent letter to shareholders, Buffett again extolled the virtues of insurance “float” or the premiums that policyholders pay to Berkshire insurance companies such as Geico....
...Lupus sufferer Beatriz Garcia applied for a hospital abortion in 2013 after doctors diagnosed her foetus with a fatal abnormality....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...casualty....
...Alleghany, a property and casualty insurance and reinsurer, has long been described as a mini-Berkshire Hathaway....
...With his own work off limits in China and recently censored in Hong Kong, Ai is coruscating about western museums such as the Pompidou, Tate and the V&A that have been paid millions by state-owned companies...
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...According to real estate services and investment company CBRE, prime rents for apartments in Amsterdam fell by 3.3 per cent in the year leading up to the fourth quarter of 2020....
...The companies declined to comment....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...There are other clues that Compass does not see that elusive V-shaped recovery....
...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....
...Vodafone was a casualty of the battle at the top end after it pulled out of the battle for expensive La Liga football rights two years ago, leading to a customer exodus....
...“The hardest thing to do was marry the protected facades with the interior floors and halls.”v The residences open in mid-September, the culmination of years of work at Lamela’s company....
...Stanley Druckenmiller, a former hedge fund manager, said that “the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force”....
...Speaking at the FT’s Global Boardroom event, he said: “I am not convinced that we are going to have a V-shaped recovery. I think it will be more like a U.”...
...This reflects the strong performance of large tech and healthcare companies of late that happen to dominate the benchmark....
...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....
...Sexy was also top of mind for Laura Kim and Fernando Garcia, co-creative directors of Oscar de la Renta and their own five-year-old label, Monse....
...All of this follows Konstantin Strukov’s Uzhuralzoloto Group of Companies buying into POG in February....
...Yet access to capital and legal advice for companies is often unaffordable....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...FADE OUT Meanwhile, the hunt for asset management casualties from the sharpest markets selloff in living memory remains an oddly low-key exercise....
International Edition