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...Whereas condo residents own their apartment outright, co-op residents are shareholders in a company that owns their building and have a right to live in their apartment....
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...The bank originated as the Nippon Credit Bank, which was among the highest-profile casualties of the protracted fallout from the collapse of Japan’s 1980s property bubble....
...The deal means UK properties will make up 25 per cent of Shurgard’s overall portfolio. Belgium and the Netherlands make up the biggest segment, at 28 per cent....
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...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...Europe’s second-biggest insurer, which cemented its focus on property and casualty insurance with the $15.3bn acquisition of XL in 2018, said it would prioritise dividend growth and annual share buybacks...
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Property and casualty insurers may comfort themselves that their exposure to climate risk is limited by annual contracts — an industry standard that enables them to reprice, limit or completely withdraw...
...The measure is the Zillow Home Value Index, a weighted average of typical dollar values across all metropolitan statistical areas....
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...It also sold intellectual property within some Asia-Pacific countries for $50mn. The cost of living crisis has hurt Superdry recently. Other problems were avoidable....
...Collectors included US institutions such as New York’s Metropolitan Museum of Art and MoMA....
...In 1958, he met Bruno Danese, who had just established his eponymous company with his wife Jacqueline Vodoz, and they hit it off....
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