Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...Still, Kurkov’s bracingly dry wit and endless sympathy for the foibles of his characters mean that we don’t tire of their company....
...“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....
...She was dressed elegantly in a V-neck white linen blouse, white trousers and a pair of trainers. But the signs of her injuries were everywhere....
...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...
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. Join us on May 4 for our subscriber only, Elon Musk Twitter Takeover Webinar....
...Mercedes’ top 10 Nintendo’s Switch gaming console has become a casualty of the global chip shortage....
...diplomatic wranglings and trade wars were dying down, the EU this week contrived to crank up tensions with Russia, after the European Medicines Agency questioned the ethics behind trials of the Sputnik V...
...Paul Tang, a Dutch MEP, said the commission wasn’t ambitious enough....
...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....
...The companies declined to comment....
...“[This time]housing is a casualty of a public-health emergency turned economic crisis, not the cause of the crisis itself,” he says....
...There are other clues that Compass does not see that elusive V-shaped recovery....
...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....
...It is the reason that the US Federal Trade Commission recently announced it would re-examine old acquisitions done by large technology companies....
...Stanley Druckenmiller, a former hedge fund manager, said that “the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force”....
...Speaking at the FT’s Global Boardroom event, he said: “I am not convinced that we are going to have a V-shaped recovery. I think it will be more like a U.”...
...This reflects the strong performance of large tech and healthcare companies of late that happen to dominate the benchmark....
...According to data from CB Insights and Willis Towers Watson, between 2012 and the first quarter of 2019, there were 627 deals involving investment in property and casualty insurtech companies....
...All of this follows Konstantin Strukov’s Uzhuralzoloto Group of Companies buying into POG in February....
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