Hints and tips:
...It was the tenth anniversary of its spinout from French insurance company Axa, a deal dubbed “the robbery of the century” by a rival, and likely the best deal of Senequier’s investment career....
...This New York Review of Books piece from June brings philosophy to bear on the question, marshalling its arguments with wit, rigour and, yes, feline grace....
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...They’re just not taking out this insurance, if you like....
...Other European markets are parochial and shallow and still bear a strong whiff of the old economy, dominated by banks and industrial companies....
...A new golden era?...
...As the pain of interest rates has taken a toll on companies and consumers, the economy has moved sharply into reverse....
...in a golden age of fraud.”...
...“There is a weird presumption that everything corporates do is a load of greenwash and what governments do is golden,” she says....
...In addition to higher financing costs, he is also grappling with Florida’s broken property insurance market....
...It’s in Sheboygan, Wisconsin, outside the headquarters of an insurance company located alongside an interstate highway. This is a pittance, globally speaking....
...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
...“We all know the golden years of systematic equity were the 80s, 90s and 2000s. I think we’re in the golden years of credit.”...
...Tata is suing for £7.9m, which includes the remainder plus interest and £1.3m for insurance liabilities....
...Its latest report takes aim at DraftKings, the golden goose of the blank-cheque boom....
...Here’s Peel Hunt on RSA Insurance: We view the recent sell off in the share price as having been overdone....
...However, these figures understate the risk to market dividends in our view given that they largely exclude Energy and Insurance where there have been few company comments at this stage....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...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...
...Our insurance company wrote to say we would no longer be covered. The woman who looked after my 88-year-old mother told me she was going to leave....
...However, we can see a bear case of as low as 2.3GBp and a blue-sky case of as much as 16GBp....
...The Trump administration’s granting of state funding for (costly) COVID-19 testing for patients with no health insurance and Congress’s approval of a $8bn package to fight the spread of the virus bear out...
...Whilst we have a BUY rating on the name, it is hard to see how this is not an obvious and relatively more significant event for HSBC given the outperformance of the name YTD (-23% v SX7P down 38%; LLOY down...
...We recommend owning lower-risk companies or companies with catalysts that can drive share price performance. ......
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