Hints and tips:
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...“Today, we stock pickers are at an advantage over institutions,” Sonnenfeldt says. “If you can find an unfinished project and buy it out of distress, this is a great time.”...
...An investment boom followed, bringing in miners from across the world to take advantage. By 2019, however, the Chinese government dramatically scaled back these subsidies....
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Jéronimo says his company relies on the government’s vetting of applicants, but will also make decisions on a case-by-case basis....
...In playing the role of Wall Street’s white knight, though, Dimon has also cemented himself as the biggest winner of the First Republic saga....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The UK had around 5.4m privately rented households in 2019, according to Knight Frank, and the number is expected to increase to almost 6m by 2023....
...Profits at its insurance businesses — which includes Geico — were nearly wiped out, falling to just $47mn from $764mn a year earlier....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...Companies that sell software to insurance groups have also fared better....
...“This ‘boom’ is not like the one of 2003-06, which was of the lower-to-middle end of the market and dominated by British buyers,” says Smadar Kahana of E&V....
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Moreover, Knight Frank and Winkworth recorded more buyers entering into contracts in January than during the same month last year, suggesting a willingness to buy even without the advantage of the tax break...
...Knight is considering taking advantage of the “Stanley Johnson clause” — the exemption, named after the prime minister’s father, that permits homeowners to visit their overseas properties to prepare them...
...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....
...There has been a huge corporate borrowing binge over the past decade, which has left many companies vulnerable even to a garden-variety recession....
...They should also sell exposure to companies that will find it hard to rebound fully in the post-crisis world, and buy beneficiaries of what are likely to be durable themes: opting more for self insurance...
...Here’s Peel Hunt on RSA Insurance: We view the recent sell off in the share price as having been overdone....
...Its iptiQ unit helps other companies to develop insurance products....
...Aramco has 31.5 per cent of Clariant and is deep underwater having acted as white knight in 2018....
...When knights saddled up for the Crusades in the Middle Ages, they made sure their wives and children were properly looked after — and their assets secured — by setting up a trust....
...Some companies (such as Taylor Wimpey) escape....
...The party has pledged to raise the national insurance threshold from the current £8,632 to £9,500....
...taken advantage of....
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