Hints and tips:
...Lisa Wilkinson, former chair and granddaughter of Wilko’s founder, is to be among those giving evidence, as well as Mark Jackson, the company’s chief executive when it collapsed in August....
...As access to readily available capital dries up because of wider macroeconomic conditions, we are likely to see more retail casualties.”...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...She made this comment during oral arguments in Dobbs vs Jackson Women’s Health Organization, the landmark case that overturned the US constitutional right to abortion....
...The details of the company’s decline are complex but essentially it overexpanded, an investor took over, and Cox left in 2007....
...Buybacks were last year’s casualty, as per this chart from Goldman Sachs analysts....
...“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....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...casualty....
...That sounds like a reasonable expectation to have after Fed Chair Jay Powell doubled down on his hawkish tone at Jackson Hole last week....
...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...
...Newcomers also include Waddington Custot and design specialists Jacksons from Sweden....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Zurich Insurance is in talks to buy the US property and casualty insurance unit of New York-based MetLife, according to a statement from the Swiss company....
...The company also said that Peter Zaffino, the 53-year-old head of the property and casualty insurance unit, would succeed Brian Duperreault, 73, who has been group chief executive since May 2017 and would...
...Earnings Results continue to be roughly divided by how well companies have ridden out the pandemic....
...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....
...UK ministers and media branded Monday “V-Day” as the first doses of the Pfizer/BioNTech vaccine were administered....
...The UK’s FTSE 100 underperformed with a 1.1 per cent decline as mining and energy companies retreated....
...The companies declined to comment....
...As a young girl I studied with George Balanchine at the New York City Ballet Company....
...There are other clues that Compass does not see that elusive V-shaped recovery....
...In 2018 French insurer Axa floated Axa Equitable, its US life insurance business, as it refocused on property and casualty insurance....
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