Hints and tips:
...Five big global insurers and Lloyd’s of London, the insurance market, quit a net zero coalition earlier this year citing the threat of antitrust action....
...Castleton was forced to represent himself after he exhausted legal insurance on a counter claim....
...Out of more than 600 clients, 19 were found to have fallen short of sustainability standards, it said....
...Gary Stevenson I worked in the city and I paid 60 per cent: 50 per cent income tax plus 11 per cent national insurance, and I had a few million pounds....
..., chief executive of insurance and tax adviser Qdos....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...“From a competition law perspective it can be seen as a collective boycott agreement not to provide a service like finance or insurance to customers,” he says....
...Questions about the capacity of collective action extend far beyond the insurance sector....
...They’re cheap by historical standards. US equities a little bit less so. Those are a little more expensive than historical standards....
...The arrival in 2020 of Martin Gilbert as chair and its nomination of ex-Standard Chartered Europe chief Richard Holmes to run the UK division went some way to addressing allegations of an ejector-seat culture...
...It’s a stark reminder that digital inclusion is a vital next step (see Lord Holmes of Richmond for some thoughts on this)....
...V. A month in, the occupation in Zuccotti Park — or Liberty Plaza — was becoming more permanent. Problems were emerging too....
...A resulting squeeze in living standards is rippling from low-paid labourers through to the professional classes and into boardrooms....
...Some industry insiders believe they are on the brink of a mis-selling scandal in the mould of payment protection insurance, mortgages or diesel cars....
...It was not that the trucks had any deficiency to bother the police or the Driver and Vehicle Standards Agency, which regulates haulage in Britain....
...He adopted the typographic convention of describing recovery: “The first part . . . will look like a sharp V shape . . . but what does the last part look like?...
...Financial trading and insurance sprung out of coffee houses....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...It’s not like we’ve got the gold standard.” Introducing algorithms to help clients into the process, he adds, could improve the consistency and quality of advice in a lot of cases....
...Meetings are now virtual, and work from home is the new standard....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...And Kepler Cheuvreux for a second opinion on market size: Tagrisso, Astra’s biggest drug and already worth GB23/share in our NPV, is standard of care in late-stage (metastatic) EGFR-mutated lung cancer....
...Jack Holmes will join the fixed income team at Artemis Investment Management, the £28.6bn UK investment manager, from Kames Capital....
...The insurer originally won a €22m award in December 2012 at an international arbitration tribunal after the Slovak Republic reformed its public health insurance market....
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