Hints and tips:
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Terminal V did not respond to a request for comment....
...Nicholas Malins-Smith Cambridge, UK...
...As always you can reach me at sid.v@ft.com....
...For this week, insurance correspondent Ian Smith takes a look at the chat bots that are increasingly handling your claims....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...For our main piece, our insurance correspondent Ian Smith analyses how the deeply personal insurance broking business is trying to adjust to a digital world, and further down we have a Q&A with a digital...
...Perhaps insurance companies would also buy them as a hedge. Annuities from insurers are considered poor value for money now because rates are so low....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...Slovakia’s prime minister said he was ready to stand down to defuse a crisis over his decision to purchase Russia’s Sputnik V vaccine, which has not been approved by Europe’s regulator....
...Almost two-thirds of Russians are unwilling to receive the Sputnik V vaccine and about the same number believe Covid-19 was created as a biological weapon, a pollster said on Monday....
...The developers of Russia’s Sputnik V Covid-19 vaccine have demanded an apology from Europe’s drug regulator for comments made by the head of the agency likening having the jab to “Russian roulette”....
...Russia is seeking to manufacture its Sputnik V vaccine in Italy to meet a surge in overseas contracts....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...If you missed it, this long read by our media correspondent Anna Nicolaou charts the drama of The People v Harvey Weinstein trial....
...(FT) Walmart v Amazon Few retailers are coping better with the relentless rise of Amazon than the country’s largest retailer Walmart....
...(FT) Trade war insurance US universities are looking to buy insurance policies against a drop in revenue from international students, fearing they are overexposed to China amid geopolitical tensions....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...What we’re reading Barr v Congress When William Barr cleared Donald Trump on obstruction of justice on Sunday, the US attorney-general held true to a long-held and expansive view of presidential authority...
...Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...James Smith, economist at ING: A full 2021 recovery is unlikely....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...The FT’s Mark Vandevelde and Robert Smith broke news of Goodman’s sweetened package on Tuesday....
...In legal areas where data are hard to come by, the law firm Herbert Smith Freehills has created what it says is a “mini-hive mind” of real-life lawyers to assess a dispute....
...“The insurance category is one of the busiest and most competitive in sports marketing,” said Sebastian Smith, an executive vice-president at sports marketing agency Octagon....
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