Hints and tips:
...Early on Tuesday, rescue officials in Baltimore said two people had been removed from the Patapsco river....
...river....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The BBC has agreed to sell the Elstree studio complex that is home to soap opera EastEnders to French insurance company Axa, providing a financial boost of up to £70mn for the cash-strapped broadcaster....
...SJP is an early casualty of what is a new era for everyone in financial services....
...Pension funds, hedge funds, insurance companies, all different bits of private markets, stuff where regulators don't have a huge amount of visibility on what is going on....
...Signature’s sudden collapse was an early casualty of the turmoil now sweeping across the banking sector....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...They needed their own training, insurance and vital equipment....
...In the property and casualty insurance division, a weaker combined ratio — claims and expenses as a proportion of premiums — was attributed to greater delinquencies in credit insurance....
...Saga also announced an expansion to its river cruise business, with four new ships to be added on rivers including the Rhône and Moselle in Europe....
...The company is the only big US insurer to combine life with property and casualty units, impeding comparisons with peers....
...“What these banks had in common with the casualties of 2007-08 is that they were expanding their balance sheets much faster than their peers....
...“Buying an insurance company that looks a lot like Berkshire sounds like it could fit well,” said James Shanahan, an analyst at Edward Jones. “And perhaps Buffett needs a win.”...
...It caused the nearby Wilson river to rise 14.4 metres above its normal level, covering most of the town centre with water. Four people died. A few weeks later, Lismore resembles a war zone....
...Andrew Hall, chief executive of the Insurance Council of Australia, said: “It’s too early to understand the extent of the damage to property in affected areas and to estimate the insurance damage bill....
...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....
...Not insurance companies....
...One of Britain’s biggest motor insurers has reason to celebrate a casualty of the pandemic no one will miss: the angry commuter....
...Insurance: Stranded planes, bombed-out buildings and unrecoverable debts will leave the global insurance industry with soaring payouts and legal disputes....
...This was driven by good performance in its property and casualty insurance business, where the combined ratio of claims and expenses as a proportion of premiums improved by 2.2 percentage points to 95.9...
...Ramas Capital Management, a small private equity firm registered to a residential address in River Oaks, Texas, has left a $200m hole in The Metals Company’s books after it failed to deliver the cash....
...While theatre owners and companies welcomed the extra money ploughed into the sector, the Budget announcement did not address the lack of Covid-related insurance for big productions....
...He was in demand as a businessman — governor of one insurance company, director of another and chair of a new technology start-up (the wrong technology as it happened, his oil gas company losing out to coal...
...An unexpected victim of the Greensill fallout The Greensill Capital scandal has claimed another casualty....
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