Hints and tips:
...Allstate’s 2Q underwriting results (as measured by its “combined ratio”) highlights what can happen when weather and economic conditions turn against property and casualty insurers....
...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....
...In recent months, both State Farm and Allstate have announced plans to stop writing new policies in fire-prone California....
...“And of course climate change plays a role,” he added. “Of course fires are worse than they were — some of those terrible fires that have happened in California, that’s climate change.”...
...“We don’t have the range and amount of artillery,” Danylyuk added. “We fire once. They fire back 40 times. They retaliate to each of our strikes at least 20 times.” Ukraine’s casualties are mounting....
...Life and death can never be separate, otherwise they have no meaning. Now with this war in Europe and the environmental change, there will be more human casualties.”...
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...After the continuous 10-minute slaughter, at least 379 lay dead and more than 1,000 wounded. Some estimates put the number of casualties much higher....
...As head chef to schools, offices and gyms, Compass was admittedly bang in the line of fire. Half the canteens it once filled with the heady aroma of battered fish and chips are now empty....
...The trigger for this was the growing number of casualties in ambushes of normal supply lines, either convoys of trucks felled by roadside bombs, or manned helicopters coming under heavy enemy fire....
...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?...
...And they, like helicopters, are vulnerable to hostile fire when they slow down to land....
...Italy V Ireland....
...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....
...Allstate and State Farm, two big property and casualty insurers, now want other states and the federal government to establish reinsurance schemes as well....
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