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...“Migrant workers are much less likely to have formal labour contracts that allow them to pay into social insurance schemes that protect them if unemployed,” she says....
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
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...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....
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...“Many won’t have it at all.”...
...Meanwhile, the popular digital revolution has just won many recruits thanks to lockdown restrictions and social distancing....
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...The loss of income won’t necessarily be replaced that quickly leading to a scarcity of ‘yield’. ......
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...Richard Dudley, chief executive of Aon’s wholesale and specialty insurance broking business, said: “We are very supportive of what [Mr Neal] is doing....
...The only real news in here is that chairman Josef El-Raghy won’t stand for reelection at the AGM next month meaning Jim Rutherford takes over....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...Only a handful of companies have liquidity issues by 2021,on our estimates –assuming credit cannot be rolled....
...Whilst we have a BUY rating on the name, it is hard to see how this is not an obvious and relatively more significant event for HSBC given the outperformance of the name YTD (-23% v SX7P down 38%; LLOY down...
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...The main criticism is that it's corrosive, and that especially on banks and insurance, and that it fuels bubbles in property, for example. What do you say to the critics?...
...One top 10 shareholder in Saga said the financial hit was “a shock and very disappointing — there won’t be a V-shaped recovery, it is a resetting to a lower level”....
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