Alexandre Rajbhandari
@a_rajbhandari
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I write on Berkshire Hathaway and US insurance for @business Views are my own, retweets are not endorsements. Tips? DMs are open 💌
New York
Joined December 2012
California banned insurers from canceling or not renewing residential property policies in the Los Angeles neighborhoods that were affected by the blazes that destroyed swaths of the city this week. #PalisadesFire #EatonFire
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The potential cost for insurers of the devastation caused by the Los Angeles #wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan, doubling their estimate from just a day before.
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Wildfires engulfing entire swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers potentially incurring losses of more than $10 billion.
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RT @KatiaPorzo: We dove into the records to uncover how New York’s taxi system found itself in such a staggering mess with its insurance an…
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Scoop: #NewYork is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. With @natlungfy
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Global insurers are expected to pay more than $135 billion for natural catastrophes in 2024, according to a report by the Swiss Re Institute. #climatechange #globalwarming #hurricanes #flooding #insurance
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New: @Prudential gets a new #CEO Andy Sullivan, who held leadership positions in all of the US #insurer's businesses since he joined in 2011, will succeed Charlie Lowrey at the end of March. #Exclusive interview with the two executives below:
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RT @Newsbaum_: After a massive political gamble that sent chills down the spine of the French political establishment, Macron tells France…
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RT @YourMorning: Officials in France are so sure that the Seine will be ready for Olympic Athletes to swim in, they're jumping in to prove…
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Paris has allocated €1.4 billion to clean up the #Seine . President Macron and #Paris Mayor Hidalgo have pledged to take a dip to show it’s #Olympics-safe. Will It be enough to convince athletes? Story w/ @gaspardsebag #Paris2024 #OlympicGames
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Exclusive: @Credit_Agricole is in advanced talks on a potential #acquisition of @SocieteGenerale’s German consumer-finance business Hanseatic Bank, according to people familiar with the matter. Scoop w/ Jan-Henrik Förster and @eyk_henning #finance #deals
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Exclusive: @AXA is studying options for its investment manager and has been contemplating a combination with @BNPPAM_COM, sources say Scoop w/ Jan-Henrik Förster and @pamela_msg
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RT @arascouet: Bernard Arnault nous parle de la succession de LVMH, des Jeux olympiques de Paris et des conseils de Warren Buffett en matiè…
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RT @ZSchneeweiss: EU could muster $215 billion a year from savings, Noyer says via @annaedwardsnews @GuyJohnsonTV @…
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For @GoldmanSachs staff looking to set up meetings in Paris to stealthily catch the Olympics — the bank is on to you #ParisOlympics2024 #Banking
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Scoop: @BNPParibas is planning to cut as many as 50 roles across its unit in the UK, sources say Story w/ @WilliamShaw546
#jobcuts #finance #banking
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