Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Hunt has high hopes of an investment deal, to be announced on Monday by lord mayor Nicholas Lyons, the veteran banker and insurance executive, who has persuaded companies to commit up to £50bn to private...
...News round-up Freshfields’ former tax partner sentenced to 3½ years in jail (FT) Zurich’s sale of $20bn life insurance book to PE-backed group collapses (FT) Sotheby’s cleared of art fraud in Russian...
...The national insurance rise had already gone through. It had been passed as a health and social care levy, which people broadly bought into at the time....
...A string of murders connected to Alex Murdaugh, who recently admitted he had staged his own death, have led down a rabbit hole of insurance fraud and missing millions....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...On Tuesday, Paytm announced that it had acquired insurance firm Raheja QBE for $76m to “democratise general insurance” and expand its financial services products....
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...Lloyd’s of London published the results of a recent survey and it revealed that almost 500 people had witnessed sexual harassment at the insurance market during the past year....
...Now, after a charm offensive by the company, Odey has withdrawn his demand for an EGM to boot out chairman Nick Parker, chief exec Rick Hurwitz and the two non-execs....
...Corp bonds QE has been done before (they hold £10bn) still a potential route if credit mkts do seize up down the line....
...Not flashy but v v solid”....
...In Sydney gains were largely cancelled out by a 0.6 drop from financials, led by a 7.1 per cent fall for QBE Insurance Group on news the company planned to split its emerging markets division in two to improve...
...Corporate earnings reports out today include Telstra, Swire Pacific, Wesfarmers, ASX, Treasury Wines, QBE Insurance and Aluminum Corporation of China (Chinalco)....
...Charlie Parker is leaving Neptune following the restructuring of his role as head of distribution. Mr Parker will join Sanlam UK, the London-based wealth manager, in November....
...The Sun, the tabloid owned by Rupert Murdoch’s News Corp that has been one of the prime minister’s staunchest supporters, on Friday launched a campaign to get its readers to support a U-turn on the tax....
...Laura Conduit is a partner at Farrer & Co LLP Pigeon v parker I live in west London in a house with no off-street parking....
...Japan Those with the biggest sales exposure include Dai-ichi Life Insurance, Kawasaki Heavy, Honda and Toyota, at 40 per cent, 32 per cent, 37 per cent and 34 per cent respectively....
...Other investors in the deal include James Curnin, the Le Parker Meridien hotel heir, venture capitalist Brian Kessler, and James Bailey, whose father co-founded Cambridge Associates....
...To take a recent example, ticket sales for Batman v Superman: Dawn of Justice dropped by an astonishing 68.4 per cent on its second weekend, as comic-book fans returned to their dens....
...British motorists can now view their own driving record online, as can their insurance providers. They can buy, register and transfer personalised number plates online....
...As every risk-conscious insurance boss should....
...Mr Musk’s plans for a colony on Mars — he calls it “extinction insurance” — still seem a distant prospect....
...The FT’s political editor George Parker explains what will happen in the likely event of a hung parliament....
...QBE said there had also been a spike in claims from its Balboa mortgage insurance business in the US that it bought from Bank of America....
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