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...However, the government came under fire from the IMF again this week....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
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...He’s made a shit ton of money for the company.” Buffett’s fascination with the insurance industry dates back more than 70 years....
...We believe the company continues to face catastrophe risks in its homeowners business line in the third and fourth quarters of 2023 mainly from wind and fire disasters that could further erode earnings,...
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...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Copenhagen’s fire may be symbolic as well as catastrophic....
...A nadir was reached on July 20 1979, when teenager Scott Cantrell shot himself dead while playing Russian Roulette in Pallenberg’s company....
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...The Copenhagen-based company’s other vessels have been travelling via the Cape of Good Hope since December....
...[so] you end up with a barrier against the progression of fire.”...
...But both property and casualty reinsurers, and their counterparts in the life business, are now attracting greater attention. Let us take them in turn....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...The Leningrad region governor said there were no casualties as a result of the Ust-Luga fire and all workers had been evacuated....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The loans are not just feeding Apollo’s wholly owned insurance operation, Athene....
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