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...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...Iranian-backed militant groups in Iraq and Syria have launched more than 180 rocket and drone assaults against US troops in the region, while Hizbollah has traded almost daily fire with Israeli forces across...
...More than a dozen German insurance companies filed a petition with Vienna’s district court last week, a copy of which was seen by the FT, demanding an end to Signa Prime’s self-administration....
...Premiums, and commissions, have surged since the Grenfell fire for buildings with combustible cladding and other building defects....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...As insurance companies recover from recent losses, and inflation falls, there should be scope for more competitive pricing....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...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...
...It has thrust the decades-old shadow war between the Islamic republic and the Jewish state into full view, and edged the Middle East ever closer to a full-blown regional conflict that would have catastrophic...
...That can cause safety concerns as even small dings to battery packs can destabilise cells, potentially causing fires and even explosions....
...The last-ditch scheme to buy ammunition from outside the EU is being spearheaded by the Czech Republic to compensate for the congressional deadlock on US aid and delays in European production....
...The Leningrad region governor said there were no casualties as a result of the Ust-Luga fire and all workers had been evacuated....
...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...
...Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business. He previously worked for Morgan Stanley....
...“Fire fighting [is] very difficult” on modern car carriers, said Richard Gunn, a casualty lawyer at law firm Reed Smith, who added that ships tended to be built with several decks that were built as low...
...He made a distinction between private capital groups that buy insurance companies as a long-term balance sheet investment, and situations where the insurer is owned through a private equity fund with a shorter...
...Hankey may be playing with fire again....
...the chair of the Federal Deposit Insurance Corporation has warned....
...jitters last year, when the likes of Silicon Valley Bank and First Republic collapsed....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Vietnam has in recent years emerged as a top destination for companies looking to diversify manufacturing away from China due to rising tensions between Washington and Beijing....
...The governor of the Nizhny Novgorod region in central Russia said a drone struck the Kstov industrial zone, causing a fire at an oil refinery owned by Lukoil, the largest non-state owned Russian oil company...
...of the republic’s founder Ruhollah Khomeini in 2017....
...Next, the shadow banking system — an assortment of financial institutions ranging from hedge funds to insurance companies — still lacks the liquidity to weather price adjustments, according to the FSB....
...Israel has traded daily fire with Hizbollah, the Lebanese militant group and Iran’s most important proxy, and targeted Revolutionary Guards members in Syria....
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