Lee Harris
@leee_harris
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Insurance correspondent @FT, co-founded @nysfocus. Reach me at [email protected]
Joined February 2016
New study from NY Fed compares how lenders treat unmapped flood risk (due to FEMA’s outdated maps). Big banks are lending less and charging more in risky areas. Non-banks and local banks are still originating the loans but then securitizing or moving them off their balance sheet.
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RT @zhil_arf: Zootopia 2 trailer is out and literally the first thing that appeared is propaganda about the legitimacy of the spiritual ins….
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NEW - Insurers that had pledged to exit coal have a new enthusiasm for the fossil fuel. Some are even accused of “price gouging” or “rent seeking” in the prices they’ve been charging coal clients in SE Asia - pretty remarkable after some had said coal would become uninsurable
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RT @sindap: NEW: At the firm that bills itself as the “first AI-native investment bank”, the MDs are 25 years old and in line for a $2mn bo….
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Trader convicted in Libor-rigging scandal feels solidarity w Lucy Letby and Amanda Knox after his conviction was reversed
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RT @joequant: One weird quirk of Texas is that because it was once an independent nation, most public lands and resources are owned by the….
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RT @FT: BCG will not publish internal probe into Gaza modelling work
ft.com
Consulting firm tells UK parliament that report will be kept under wraps despite pressure to explain involvement
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RT @FT: Doctors and health officials report wave of hunger deaths in Gaza
ft.com
Health ministry says dozens have died this month as aid agencies warn that even their workers are suffering from malnutrition
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RT @70sBachchan: "Trump: These are massive cavities in Earth, they took the oil out that we put in, they took it out before the election, a….
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RT @EmDunks: Scoop: the Pru has kicked off a search to replace chair Shriti Vadera, the former government minister. She was also among the….
ft.com
Former minister has ruled herself out of race to be new HSBC chair
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A senior industry figure has accused asset managers of chasing fees at insurers’ expense, as he launches a contrarian fund he says will do things differently:
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RT @TTFacer: Insurance veteran launches fund to combat asset managers chasing fees at insurers’ expense. via @sindap @leee_harris @FT #P….
ft.com
Former American Equity Insurance Life boss Anant Bhalla launches private assets investment fund with different fee model
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RT @AntoineGara: Big scoop from team @FT on the much anticipated Trump executive order. It aims to open 401k plans not just to private equi….
ft.com
President preparing executive order to allow 401k plans to tap broad pool of alternative assets
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“With overall US crime rates dropping, private prison companies have increasingly turned to immigrant detention centers for income”.
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‘Detainees have been forming human SOS signs’
Inside America’s booming immigration detention industry
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