Hints and tips:
Related Special Reports
...Allstate’s 2Q underwriting results (as measured by its “combined ratio”) highlights what can happen when weather and economic conditions turn against property and casualty insurers....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...The US property and casualty (P&C) industry recorded a $26.5bn net underwriting loss in 2022, says rating agency AM Best....
...Big insurers such as State Farm and Allstate said recently they had suspended offering home insurance to new customers in California....
...Zurich, one of Europe’s biggest insurance groups, released full-year results on Thursday, reporting a flat combined ratio — claims and expenses as a proportion of premiums — for its property and casualty...
...Early estimates have pegged potential insured losses from Hurricane Ida at between $15bn and $25bn. All this should be bad news for property and casualty insurers....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...Last month, two former JLT staff — London market veteran Jonathan Palmer-Brown and former head of M&A Hugh Crossland — went to insurance broker SSL Endeavour....
...David Sampson, chief executive of the American Property Casualty Insurance Association, said the industry was taking measures such as temporary suspension of premium payments, to ease the burden on business...
...Property and casualty cover is seen as a far more natural home....
...growth in property re-insurance lines, where rates should continue to harden....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...Consultants at BCG say that the property and casualty insurance industry as a whole could generate an extra $200bn of profits by using the technology....
...Shares of Travelers, one of the largest US property and casualty insurance companies, weighed on the broader Dow Jones Industrial Average with a drop of 3 per cent at the start of trading on Monday, after...
...“Most of our competitors in the world of car insurance are based in the South East [of England] and I’m sure staff turnover and retention is a much bigger challenge for them than it is for us,” he says....
...Market watchers say that high valuations for recent Hong Kong initial public offerings such as selfie app Meitu and online insurer ZhongAn Online Property and Casualty Insurance are due in part to the expectation...
...Both companies provide property and casualty cover in the state, writes Alistair Gray in New York....
...However, you could say there are climate refugees, in the form of property and casualty reinsurers and their competitors from the capital markets fighting each other for shrinking premium revenues and that...
...US property catastrophe insurance prices are up 7 per cent this year according to insurance advisory group Guy Carpenter....
...Since markets reopened, shares in top US property and casualty insurers have lost only 0.2 per cent more than the benchmark S&P 500 index....
...Investors in the biggest US property and casualty insurers were initially relatively relaxed about the impact of the disaster on the industry....
...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...
...In October 2008, Quinn Insurance was fined for making loans of €288m to related family owned companies in breach of insurance regulations....
...outlook for British Real Estate Investment Trusts and for commercial property in general?...
International Edition