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...Today, the National Flood Insurance Program is about $20bn in debt....
...National elections in India begin later this month that are likely to see the BJP’s Narendra Modi returned for a third term....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Five long positions in five very different industries (property casualty insurance; discount retail; health insurance; aerospace and defence; travel)....
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...This was offset by strong trading in property and casualty insurance, which helped the company generate €4.1bn in underlying earnings....
...Unhedged: You have spoken in the past about big banks as guardians of national prosperity....
...International tax laws: The ability of rich companies and individuals to use complex legal structures to outmanoeuvre national regulators cries out for simple, blunt rules, writes Rana Foroohar....
...News of the talks, which would create a national champion rivalling BP in shipments, felt fairly predictable in Australia. Both companies have already been active in dealmaking....
...Last year, the company also completed an acquisition of New York-listed Cigna’s life and health insurance businesses across six Asia-Pacific markets, including Taiwan....
...“There are likely to be many casualties before its long-term beneficiaries are clear,” the hedge fund warned investors in an August letter seen by DD....
...Part of the challenge is that insurers are regulated at the state level, and standards are co-ordinated through the National Association of Insurance Commissioners, or NAIC....
...points on Wednesday, spurred by buying from foreign pension and insurance funds....
...In contrast, domestic mutual funds, pension & insurance funds, households and foreign investors were all net sellers, albeit the amounts were not large....
...Senior executives at a state-owned insurance company have also been told to not wear expensive clothes to work, said another person with knowledge of the matter China’s richest 0.001 per cent own a greater...
...However, the Federal Deposit Insurance Corporation estimated that losses to its insurance fund would be about $13bn....
...Ken Stoller, assistant vice-president at the American Property Casualty Insurance Association, an industry body, highlighted the rejection of pandemic claims in many federal courts, in state high courts...
...It is now his part-time job alongside being a financial consultant and insurance broker....
...A different type of mess is now surrounding Lincoln National Corp, the Radnor, Pennsylvania-based insurance company that lends the stadium its name....
...During the cost of living crisis, support to households and companies across Europe averaged a further more than 3 per cent of national GDP....
...companies....
...“Certainly, the way we think about deposit insurance in the wake of Dodd-Frank is it requires congressional action for the [Federal Deposit Insurance Corporation] to provide a blanket, universal guarantee...
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