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...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....
...The Swiss bank Julius Baer has been a prominent casualty....
...Should companies be punished for handing money back to shareholders? The Department of Justice seems to think so....
...Country Garden has missed its final deadline for the coupon payment on a dollar bond, according to three creditors, making what was once China’s biggest developer by sales the latest casualty of the country...
...The likely sale of Paramount marks it out as the first big casualty of the streaming wars. It may not be the last. When companies followed Netflix into streaming, market entry was straightforward....
...Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, evacuated personnel from some of its plants....
...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 biggest casualty of the shift in approach has been the strong focus on building expertise in greener forms of energy, espoused by previous chief executives of Shell and BP....
...But the delay does nothing for battered confidence in a company that seems stuck in a never-ending turnaround....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...He was the latest casualty in a years-long corruption crackdown led by Communist party secretary-general Nguyen Phu Trong....
...That is particularly important for smaller companies....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...However, its likely sale also marks something much bigger: the first major casualty of the streaming wars, according to the FT’s editorial board. And there could be more to come....
...“Ajit’s achievements since joining Berkshire have been supported by a large cast of hugely-talented insurance executives in our various P/C [property-casualty] operations,” he wrote....
...Axa’s health premiums fell 7 per cent in 2023, as two contracts with large corporate clients in France were not renewed, the company said....
...WD Lab Grown Diamonds, the second-largest US producer of man-made diamonds, has filed for bankruptcy, becoming the sector’s first big casualty of a burgeoning glut of fabricated gemstones....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Abu Omar was not the only Al Jazeera casualty of the war....
...Chesapeake declined to comment, while the other companies did not respond to requests for comment....
...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...The likely sale of Paramount Global marks it out as the streaming wars’ first big casualty, says the FT editorial board....
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