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....
...“We need to continue to build out our market share in property and casualty insurance,” he adds, quickly making clear that he “wouldn’t exclude” other areas, such as asset management, if “something fabulous...
...In property casualty insurance, periods of rising and falling premium rates, and therefore ups and downs in earnings and stock prices, come and go. In recent years, rates have been increasing....
...Hard times in property casualty insurance are a good thing....
...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....
...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....
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