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...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...The ship’s lead liability insurer, Britannia P&I, said on Thursday it was “working closely with the vessel’s owner and manager and the relevant US authorities as part of the investigation into the casualty...
...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...
...Its property and casualty insurance division weakened, posting an overall underwriting loss reflecting worse conditions for areas such as credit insurance, but its major life and health insurance division...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...The Scottish government unveiled its “progressive approach” to taxation in 2017....
...The progressive left accuses the US of supporting Israeli “genocide” in Gaza. Even some who support the aspiration to defend the current global power structure worry about the strategy....
...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...
...Overall, the group posted a €5.1bn operating profit for the period, up 17 per cent on the same period last year, with profitability improving at its property and casualty division despite losses from European...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...The two also discuss the national insurance reduction, the future of Lifetime ISAs and the importance of appealing to younger voters in the run-up to the election. Read the full news story here....
...Risky business: EU’s insurance regulator has called for urgent action over mounting economic damage from natural disasters such as floods and wildfires....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...But Summer Lee, the progressive Democrat representing Pittsburgh in the House of Representatives, has called for a ceasefire to prevent further civilian casualties among Palestinians and allow more humanitarian...
...insurance coverage at short notice....
...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 divided opposition is likely to help Lai Ching-te, the candidate of the ruling Democratic Progressive party who has been the frontrunner for months....
...If taxes rise, too, the public’s reaction won’t be the kind of grudging assent granted to Gordon Brown’s penny on national insurance in 2002....
...Before you drive away, you just need to sort out insurance. Normally this is an afterthought. But not this year....
...The ruling Democratic Progressive party’s candidate Lai Ching-te has said the opposition’s plans for closer ties with China put the country’s sovereignty and democracy at risk....
...Having outperformed other financials last year, the S&P Property & Casualty Insurance index is down 7 per cent so far this year. That compares with the S&P 500’s 15 per cent gain....
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