Hints and tips:
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...In fact, it’s the opposite of that. However, I’m kind of long the insurance industry, specifically kind of property casualty insurance industry....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Instead of taking advantage of the coronavirus crisis that hit markets in March, Warren Buffett’s Berkshire Hathaway was a casualty....
...Insurance experts said that while many companies buy protection if an event is cancelled, communicable diseases such as Covid-19 are usually excluded and are only covered via an add-on, which not everybody...
...The Euro 2020 championships and Copa América, flagship national team tournaments in Europe and South America, due to be played in June have been postponed until next year....
...Only a handful of companies have liquidity issues by 2021,on our estimates –assuming credit cannot be rolled....
...In the law school equivalent of a virtual sports league, FantasySCOTUS (short for the Supreme Court of the United States) invites law geeks to predict the outcome of some of America’s most important legal...
...The status of the workers who provide the services offered by so-called gig economy companies such as Uber has been a point of contention for many years....
...Bob Diamond, the architect of that expansion, became chief executive in 2011 only to be ousted less than 18 months later — a casualty of the bank’s role in the Libor scandal....
...Simon Kirby, chief operating officer at Rolls-Royce, is stepping down just 19 months after taking the post, becoming the first high-profile casualty of the FTSE engineer’s latest restructuring....
...South America’s biggest economy is in any case on the brink of a cyclical recovery from its biggest-ever recession....
...Insurance stocks had been trending downwards for weeks as the start of the Atlantic hurricane season weighed on investors’ minds, and rating agency Moody’s warned that property and casualty insurers, as...
...largest insurance company....
...Insurance and reinsurance groups are likely to face some big bills in the coming weeks as the extent of the damage from Hurricanes Harvey and Irma becomes clear, but investors were thankful for small mercies...
...Risk modelling companies estimate the insured losses from Irma to range from $20bn to $65bn. As a result, insurance stocks have been pummeled....
...The banks closed by the FDIC and named in the lawsuit range from small community lenders to some of the largest casualties of the financial crisis such as IndyMac and Washington Mutual....
...The head of the world’s largest property and casualty insurer has spoken out against “abusive behaviour” in insurance broking, predicting another backlash from the authorities more than a decade since a...
...(FT) Fujitsu puts mobile phone business on the block The move makes the company the latest casualty of growing competition in the once lucrative market....
...Sign up to receive FirstFT by email here The dollar is the latest casualty of the deepening political crisis in Washington....
...AIG went on to become one of the biggest casualties of the financial crisis when it was brought to its knees by financial products such as credit default swaps that turned toxic....
...Both companies provide property and casualty cover in the state, writes Alistair Gray in New York....
...A real estate arm of global insurance company AIG has committed a reported $500m to turn Stowe in Vermont into a rival for high-end western US resorts such as Aspen and Vail....
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