Hints and tips:
Related Special Reports
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...In 2013, the American Psychiatric Association’s diagnostic manual, which is essential for accessing health insurance for a disorder, put gambling on par with drug and alcohol addiction....
...This is a power struggle. And right now, corporations control all the power....
...North American business.”...
...Other parts of the country have experienced similar shifts, with a 34 per cent decrease in Oregon and a 38 per cent decline in eastern Pennsylvania....
...As for Republic, which is chartered by the state of Pennsylvania, the only federal regulator with oversight is the Federal Deposit Insurance Corporation....
...Neighbours and co-borrowers, facing calls to honour their guarantees to cover those who failed to repay, often joined in the bullying....
...As legal counsel for the global insurance business, she noted that a company that sells promises cannot operate without the rule of law....
...The Ace/Chubb tie-up creates a property and casualty titan. Chubb has a US middle-market commercial unit but perhaps is best known for insuring the cars, homes or artwork of the rich....
...and, in 2013, to a public company....
...But the property and restaurants entrepreneur of New Hampshire, co-owner of the T-Bones and Cactus Jack chains, was putting down $1m of equity....
...Mr Hancock, chief executive of AIG’s property and casualty division, beat Jay Wintrob, who heads AIG’s life insurance division, to the top job after a lengthy consideration of both executives by the board...
...Only one other lender has recently applied for FDIC insurance: the Community Bank of American Samoa....
...Hard times in property casualty insurance are a good thing....
...The cornerstone investors are led by AIG on $500m, followed by French insurer Scor and Japan’s Tokio Marine as well as Chinese companies such as State Grid Corporation, gold miner Zijin Mining Group, defence...
...Chartis, the property-casualty insurer; SunAmerica, the life insurer; United Guaranty Corporation, the mortgage insurer; together with other businesses led by International Lease Finance Corporation, the...
...Ben McKay, senior vice-president of federal government relations for the Property Casualty Insurers Association of America, said: “Property casualty insurers are not highly leveraged or interconnected and...
...But the homogenising factor developed over the years was bond insurance....
...Carphone Warehouse lost 4.3 per cent to 89p on news that David Ross, its co-founder and deputy chairman, had used a 15 per cent stake in the retailer to back personal loans without informing the company....
...A recent study by FM Global, an insurer of commercial and industrial property, found that financial executives in north America and Europe saw supply chain disruption as the second-biggest threat to their...
..., and RREEF, the property fund of Deutsche Bank....
...Shares in American International Group rose 6.4 per cent to $59.73 while ACE gained 6.6 per cent to $37.09. MetLife was 3.4 per cent higher at $36.24 as Aetna put on 4.7 per cent to $88.80....
International Edition