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...Six residential property and casualty insurers became insolvent in 2022, according to the state....
...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....
...However, I’m kind of long the insurance industry, specifically kind of property casualty insurance industry. Now, everybody hates on this industry a little bit because, you know, the doomers, again....
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...So they are an insurance company for insurance companies. They do have a primary property casualty insurance unit, but mostly they’re reinsurance....
...Ken Stoller, assistant vice-president at the American Property Casualty Insurance Association, an industry body, highlighted the rejection of pandemic claims in many federal courts, in state high courts...
...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....
...In its complaint, the DoJ said that together with Marsh McLennan, Aon and Willis make up a trio that “dominate competition for insurance broking for the largest companies in the United States, almost all...
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...But with competing claims on some of the properties, the title insurance companies refused to provide the unconditional cover required for lenders to finance Mirae’s $5.8bn purchase....
...“Coronavirus is going to be pretty large for the property and casualty insurance industry,” said Philip Kett, an analyst at Jefferies....
...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....
...Investing in a second property could provide a rental income, but the cost of living in Dubai is high and pensioners would need private health insurance....
...tax to product liability, medical negligence, insurance and bankruptcy....
...healthcare and property and casualty insurance....
...He believes that the deal will allow Axa to shift from a reliance on life insurance and grab a stronger position in commercial property & casualty insurance....
...In a note on Monday, credit ratings agency Moody’s warned that primary property and casualty insurers, as well as reinsurers and alternative capital providers such as catastrophe bonds, are all likely to...
...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...
...Reinsurers matter because they provide the back-up policies that help property and casualty insurers make payouts to ordinary people when catastrophes hit....
...“Historically, [property and casualty insurance] stocks tend to underperform immediately following major losses, but outperform subsequently as losses become certain and investors’ focus shifts to stabilising...
...Prices for property and casualty insurance around the world have been falling for many years, putting brokers as well as underwriters under pressure....
...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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