Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...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....
...Its iptiQ unit helps other companies to develop insurance products....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...The tie-up between the number two and three brokerage companies in the insurance industry would be a game changer but competition authorities (and rivals) are likely to have something to say about it....
...Simon Kirby, chief operating officer at Rolls-Royce, is stepping down just 19 months after taking the post, becoming the first high-profile casualty of the FTSE engineer’s latest restructuring....
...Insurance? You get the picture. But just because it’s a mainstay of the modern investing scene, does not mean all is well inside the company....
...The marketing power of drug companies and laissez-faire attitude of doctors has fuelled one of the worst public-health epidemics of modern times, which ended up proving ruinous for De La Rosa and millions...
...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....
...As hurricane Irma bears down on the continental United States, thoughts are rightly with the homeowners and rescue workers in its path....
...Chubb, the US’s largest property & casualty insurance business by market capitalisation, already has a big office in Paris. The company said it would continue to have a big presence in London....
...European bank consolidation on the cards A trio of stories from continental Europe suggest that bank consolidation may well be picking up....
...This high profile casualty of the trade war won’t go unnoticed among multinational companies. Garry Young, NIESR Chelsea will win the cup....
...In property and casualty insurance (P&C) the situation is more complex, especially for the wholesale and commercial insurers in what is known as the London market....
...Zurich Insurance runs its EU property and casualty business from Dublin. George Swan, a partner at Freshfields, the law firm, believes the Irish capital may also be flexible on the location of roles....
...Prudential stressed that it had limited exposure to continental European markets....
...Companies in continental Europe, the UK and Asia fell heavily as investors tried to digest the impact of the vote to leave....
...On the contrary, there is an incentive to migrate pre-Brexit to earn an active national insurance number....
...At 27 he started out in insurance, offering accident and health cover to railroad employees at the Continental Casualty Company of Chicago....
...Insurers were in strong demand after two major US insurance companies announced a huge deal, fuelling speculation that the sector could see further consolidation....
...On a like-for-like basis, revenues rose 2 per cent across the company, driven by a 3 per cent improvement at its property and casualty insurance arm....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...His task is to rebuild confidence in a company that became one of the highest-profile casualties of shareholder anger about executive remuneration....
...POP Ziggyology , by Simon Goddard, Ebury Press, £20, 352 pages After the comeback and the V&A retrospective comes Bowie fatigue. Do we need more adulation?...
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