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Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
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Timing the Market Can Hurt Long-Term Program Performance

For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.

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NewsDecember 13, 2017

ActivEngage Completes 700Credit Integration

ActivEngage announced the addition of a 700Credit-powered financial qualification feature to its dealer-focused omnichannel communications solution.

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Newsby Gregory ArroyoDecember 12, 2017

Cox Automotive Files Antitrust Lawsuit Against CDK Global

Add Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for data integration services and seize control over dealer and third-party data.

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NewsDecember 12, 2017

Black Book: Vehicle Values Down in November

After a steady October, used-vehicle values fell slightly in November. Black Book officials said the decline was typical of the holiday season.

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NewsDecember 12, 2017

NAE/NWAN Earns Pillar Award for Community Service

National Automotive Experts was honored with a Medical Mutual Pillar Award for Community Service, presented by Smart Business.

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NewsDecember 12, 2017

Ally Financial Names Successor to Retiring CFO Chris Halmy

With current CFO Chris Halmy set to retire on March 1, 2018, Ally Financial today announced that Jenn LaClair is joining the company as CFO designate, with the intent that she will be appointed to succeed Ally's retiring CFO.

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NewsDecember 12, 2017

Toyota Financial Announces Executive Leadership Appointments

The captive named Scott Cooks group vice president and chief risk officer and Cindy Wang group vice president of treasury.

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NewsDecember 11, 2017

Cox Automotive: Dealers Optimistic About Q1 2018

The fourth-quarter reading of the Cox Automotive Dealer Sentiment Index shows dealers are optimistic about the next three months. Concerns about price pressure and showroom traffic persist.

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NewsDecember 8, 2017

Affinitiv Launches Analytics-Powered Marketing Platform

Connectiv1 is a new end-to-end marketing platform that includes a predictive analytics engine designed to allow dealers to leverage their data and conduct multichannel campaigns that increase customer retention.

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NewsDecember 7, 2017

Subprime Originations Hit Record Low in Q3

Subprime financing fell to its lowest point since 2012, while prime grabbed the lion’s share of the auto finance space in the third quarter. Even the used-vehicle market has gone prime, with buyers outside of prime accounting for just a third of the market.

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NewsDecember 7, 2017

Three FinCos Stung for $300K by NYDCA

Credit Acceptance, Clover Commercial and Westlake Financial have agreed to pay more than $300,000 to settle charges of predatory lending leveled by New York’s Department of Consumer Affairs on behalf of 50 Brooklyn car buyers.

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