Hints and tips:
...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....
...Property and casualty cover is seen as a far more natural home....
...Schliemann was country manager for Germany and Austria at Muzinich & Co, from where she is joining. Equiteq, an M&A advisory firm, has hired Nick Jones as global head of M&A and head of Europe....
...ZhongAn Online Property & Casualty Insurance ZhongAn was the first major fintech company to list in Hong Kong and the world’s first flotation of an “insurtech” company, which uses artificial intelligence...
...Allied World sells a range of specialist commercial policies, from marine to property, healthcare and professional insurance....
...Now the final building is under construction and has already been sold for £100m. It is the tallest office block to be built in the city since the Co-operative Insurance Tower in 1962....
...Were activity to weaken then the trade-offs faced by both the BoE and HMT would be rather more acute. David Blanchflower, Bruce V....
...Student/school fees and property prices are substantially lower for non-EU migrants, which could support inflows....
...The investment bank estimates AIG’s property casualty division and its life and retirement division will pay dividends of between $5bn and $6bn a year to the parent company between 2014 and 2016, up from...
...fund buying a 20 per cent stake in a Chinese internet TV company Wasu Media Holding Co for more than $1bn on Tuesday....
...The Dow Jones US life insurance index is up 17.9 per cent year-to-date, versus a 6.4 per cent rise for the property and casualty index....
...Abriox (I) ACDC LED Acturis (I) Adey t/a Adey Professional Heating Solutions (I) Adnams (S) Advanced Insulation Agento t/a Revector Agento t/a Revector (I) Alba Ultrasound (I) Allen & Heath Allied...
...Following the devastating earthquake and tsunami that hit north-east Japan, the strongest in 140 years, the US’s KBW property and casualty index fell 0.7 per cent, even as the broader market saw gains....
...The KBW property casualty index was up 1.6 per cent, paring some of the 2 per cent losses last week....
...The KBW property casualty index slid 2 per cent over the week. Technology stocks fell on worries over component shortages as Japan is one of the world’s largest producers of semiconductors....
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
...AIG led US shares close to 14-month highs on Tuesday, after the company halted plans to sell its property-casualty unit....
...But its shares dropped 9.7 per cent to $35.48 after sales declines at its property-casualty operations, which include coverage of commercial buildings, corporate boards and aircraft, and life insurance divisions...
...Citigroup was formed in 1998 from the merger of Travelers Group and Citicorp. In 2002, Citigroup gave up control of Travelers Property Casualty through a share listing and subsequent spin-off....
...Tesco entered a joint venture 12 years ago with Royal Bank of Scotland to offer insurance, credit and savings....
...The ventures have built up a 6 per cent market share in China and foreign insurers project sales growth in life insurance of between 30 per cent to 50 per cent and a rise in sales of property and casualty...
...However, news that Liberty Mutual Group, the property and casualty insurer, had agreed to buy Safeco, a home and automobile insurer on the West Coast, for about $6.2bn in cash, helped limit the downside...
...Riat Chairman The Bremic Hotel V....
...Prestbury also announced the acquisition of Blue Pearl, the mortgage and general insurance network, for £0.3m and 3m shares....
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