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....
...Swiss insurer Zurich is to expand in the US with its $3.9bn acquisition of MetLife’s property and casualty insurance business....
...Casualty Insurance Association....
...The UK property market is emerging from a period of deep freeze — and that’s bad news for house prices (and homeowners)....
...“Margins at mills are going to take a hit,” he adds, but downstream industries like property are a bigger concern....
...Property and casualty cover is seen as a far more natural home....
...growth in property re-insurance lines, where rates should continue to harden....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...In a note on Monday, credit ratings agency Moody’s warned that primary property and casualty insurers, as well as reinsurers and alternative capital providers such as catastrophe bonds, are all likely to...
...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...
...Others are more frivolous: Yasuda Kasai, the Japanese insurance company, paying $40m for Van Gogh’s “Sunflowers” in 1987; and Chinese billionaire Liu Yiqian’s 2015 purchase of a Modigliani painting for $170m...
...Given AIG’s particular troubles with property and casualty insurance, some analysts think it would be wise not to choose another person short of industry experience....
...“Insurance assessors are not stupid, and will have done their research before they come and visit.” Anyone considering letting out their property should also inform their mortgage lender....
...Over the past year, Fosun has bought Ironshore, a US property and casualty insurer, German private bank H&A, Indian pharmaceutical group Gland Pharma and Wolverhampton Wanderers, the UK football club....
...for currency movements and other factors – at its property and casualty insurance unit....
...Over the past year, however, Britain’s two largest publicly listed restaurant companies by market share, Mitchells & Butlers and The Restaurant Group, have seen sharp falls in market valuation as investors...
...Originally focused on China’s property, steel and pharmaceuticals sectors, he has more recently made a name as an aggressive outbound investor with a large appetite for overseas insurers, banks and leisure...
...Foreign businesses account for less than 2 per cent of China’s banking sector and have a very small penetration rate in property and casualty insurance. Additional reporting by Lucy Hornby...
...A new regulatory body is needed to help navigate and eventually untangle these new linkages between banks, securities companies, trust companies and insurance firms, and can also help coordinate the tricky...
...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....
...Among the gainers, Mitchells & Butlers firmed 7.1 per cent to 147¼p after the horse racing tycoons John Magnier and JP McManus raised their stake in the pubs group to about 15 per cent....
...Nationwide, China’s garment and accessory exports have increased 2.6 per cent year-on-year, indicating that other provinces are taking up some of Guangdong’s slack....
...In August last year, it signed a strategic alliance with China Continent, Property and Casualty, which will enable its overseas clients to obtain cover for their trading activities in China....
...(An annuity may provide an income for the remainder of your life but they are unpopular with some investors as they require you to hand over a lump sum payment to an insurance company)....
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