Hints and tips:
...Assurant declined to comment. The developments highlight the risks that insurers run as they experiment with different distribution methods....
...JPMorgan is a focus of the inquiry because in recent years the bank held a small financial stake in an insurance company called Assurant on behalf of its clients....
...Assurant has also raised its premiums for some customers, citing “exceptional” volumes of claims over the past 24 months....
...Three picks of Forsyth’s are: Potash, the Canadian fertiliser producer, which is trading at 17 times 2009 earnings; Assurant, a niche company that specialises in homeowner insurance; and Bucyrus, a coal...
...The general division, however, lost €66m as a result of transactions related to the divestment of Assurant. However, this was still a 21 per cent improvement on last year, said Fortis....
...Excluding the sale of Spanish insurer Seguros Bilbao and the divestment of its share in US company Assurant, profits increased 26 per cent....
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