Hints and tips:
...Foreign governments issued bonds in London and companies claiming to own gold and silver mines in South America issued their prospectuses....
...in Latin America....
...Rob Francis, who runs healthcare underwriting at ProAssurance, a US property and casualty insurer, reels off a list of this year’s payouts, including $230m a Baltimore hospital was to ordered to pay in July...
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...Global banks should be forced to suspend bonuses and payouts, writes Sheila Bair, former chair of the US Federal Deposit Insurance Corporation....
...A Nikkei article warned that the reserves held by Japan’s three leading property and casualty insurers — Tokio Marine Holdings, MS & AD Insurance Group Holdings, and Sompo Holdings — have likely shrunk by...
...Until, that is, the Department of the Treasury started to demand title insurance companies identify beneficial owners in certain counties....
...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 facility is housed in a salubrious brownstone in the Upper West Side on a street where neighbouring properties sell for north of $10m....
...This high profile casualty of the trade war won’t go unnoticed among multinational companies. Garry Young, NIESR Chelsea will win the cup....
...He had been prosecuted after alerting shareholders to a fraud at Equity Funding Corporation of America, an insurance company....
...The Ace/Chubb tie-up creates a property and casualty titan. Chubb has a US middle-market commercial unit but perhaps is best known for insuring the cars, homes or artwork of the rich....
...China International Capital Corporation, an investment bank, estimates that up to Rmb1.5tn ($231.8bn) of family wealth could be invested each year in overseas assets once the QDII2 programme goes nationwide...
...I can confirm today we’re going to reduce the rate of Corporation Tax even further. That’s the rate Britain’s profitmaking companies — large and small — have to pay....
...America’s Health Insurance Plans, a trade group, said in a friend of the court brief that removing the premium subsidies would create “severely dysfunctional insurance markets” in the affected states....
...The event prompted nationwide jubilation; Bob Hawke, prime minister at the time, called a de facto national holiday....
...In Hong Kong, the Hang Seng China Enterprises Index is up 7 per cent over 12 months, although PICC’s real estate arm – PICC Property & Casualty, listed in 2003 – is down around 6 per cent this year....
...Kabbage, a US company that lends to small businesses over the internet, has been collecting large amounts of data about its customers, and plans to use it to offer them tailored products like property-casualty...
...Chartis, the property-casualty insurer; SunAmerica, the life insurer; United Guaranty Corporation, the mortgage insurer; together with other businesses led by International Lease Finance Corporation, the...
...Ben McKay, senior vice-president of federal government relations for the Property Casualty Insurers Association of America, said: “Property casualty insurers are not highly leveraged or interconnected and...
...Intact, Canada’s largest property and casualty insurer, said the acquisition would increase its total premiums in Canada by C$2bn, to C$6.5bn....
...That might not suit the purposes of the Federal Deposit Insurance Corporation....
...The proceeds were earmarked to repay debt issued to the privately-held parent company, Liberty Mutual Group, which, in addition to property and casualty insurance, also sells home, auto and group life insurance...
...About Berkshire Hathaway Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation...
...While the Federal Deposit Insurance Corporation, a bank regulator, has lots of experience of successfully shutting down small institutions, it has had far more trouble with bigger, more complex ones....
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