Hints and tips:
...Sports broadcasting rights contracts worldwide totalled $49.5bn in 2018, according to SportBusiness Consulting....
...“The incubators in Silicon Valley hold insurance sector pitch events,” says Tim Calvert, who runs the life insurance business at Boston Consulting Group, “but for every 10 to 15 pitches on property and casualty...
...Axa SA shareholders must wonder, however, if the company could have waited for a more opportune moment for the IPO instead of selling into a deeply sceptical market....
...Carl Icahn has taken a 9.4 per cent stake in AmTrust Financial Services and is opposing a proposal to take the company private, sending shares of the New York-based property and casualty insurance company...
...The disposal leaves The Hartford, whose history stretches back to 1810, focused on property casualty insurance and employee benefits....
...Contracts for variable annuities can be complex and hard for providers to manage, and several companies — including The Hartford — have closed or scaled back their variable annuity operations after running...
...Warren Buffett’s Berkshire Hathaway is to take on as much as $1.5bn of asbestos risk from US insurer Hartford Financial Services, the latest sign the cancer-causing substance is still a problem for the sector...
...The results from the Hartford, which sells mutual funds as well as property and casualty insurance and group benefit policies, are the latest sign of a squeeze on the industry’s profits....
...Among the casualties will be eribulin, made by Eisai of Japan, which Ms Strange has been taking since other treatments failed....
...Hartford has been looking to sell Woodbury since it bowed to shareholder pressure in March to focus on its property and casualty business....
...Hartford Financial Services is considering the sale of its life insurance business in response to pressure from billionaire investor John Paulson who has also urged the group split off its prized property...
...John Paulson, the billionaire investor, has taken public his efforts to get The Hartford Financial Services Group to split into two companies....
...John Paulson, the billionaire investor, has taken public his efforts to get The Hartford Financial Services Group to split into two companies, says the FT....
...McGee Chairman, President and Chief Executive Officer The Hartford Financial Services Group, Inc....
...Group and The Hartford, a US insurer....
...and is therefore expected to be designated; AIG, which is also expected to be designated even though its supporters say it has shed its risky businesses; Prudential; and Hartford Financial Services....
...Hartford Financial Services Group was up 3.9 per cent to $26.49 while American International Group added 6 per cent to $37.03....
...The Hartford Financial Services Group reported fourth-quarter earnings of $557m late Monday, compared to a loss of $806m for the same period a year earlier, as revenues in its property and casualty division...
...The strain placed on financial services companies during the recession seems to be upending conventional wisdom about succession planning....
...Six companies have been approved for capital injections: Hartford Financial Services, Prudential, Allstate, Ameriprise, Lincoln National and Principal Financial, although Ameriprise turned down the money...
...It sold Hartford Steam Boiler to Munich Re in April for $739m....
...AIG bought HSB, a provider of plant and equipment breakdown insurance and consulting services, for $1.2bn in shares in 2000....
...Meanwhile, Hartford Financial Services Group announced this month that German insurer Allianz has agreed to make a $2.5bn capital investment in the US-based company....
...Tom Cholnoky Age: 52 Company: Goldman Sachs Sector: Insurance Education and career: Received an MBA in finance from University of Chicago and a BA in economics from Trinity College, Hartford, Connecticut...
...Regarding consulting....
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