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...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...A significant part of the Signa group debt was provided by non-bank financial companies such as Dortmund-based insurer Signal Iduna, a midsized company with 12mn customers, mainly in health and life insurance...
...The object’s artistic excellence and its connection to other pieces at the museum make the V&A the ideal place for it, adds Hunt....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...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...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...American International Group and Chubb have curbed insurance sales to affluent homeowners in high-risk areas....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Five long positions in five very different industries (property casualty insurance; discount retail; health insurance; aerospace and defence; travel)....
...This was offset by strong trading in property and casualty insurance, which helped the company generate €4.1bn in underlying earnings....
...Across the board, US property & casualty insurers had a $27bn net underwriting loss last year, their worst performance since 2011....
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...Companies that directly benefit from low rates have done well. This includes the homebuilders (up 40 per cent or so) and commercial real estate plays such as Boston Properties and Simon Property Group....
...A century ago, the London Society, an influential civic group, produced a plan for London’s future made up of contributions from such leading Edwardian architects as Edwin Lutyens and Aston Webb....
...My next pick was Everest Group, which is a reinsurer. So they are an insurance company for insurance companies. They do have a primary property casualty insurance unit, but mostly they’re reinsurance....
...Take one example: imagine if five of the largest property and casualty insurance companies and the three largest reinsurers failed following previously unlikely ice sheet melt and permafrost collapse, which...
...The property and casualty insurer called If, part of Nordic group Sampo, began screening its corporate customers for ESG criteria in 2021....
...this peer group in the past 70 years, and why this is so....
...Zurich, one of Europe’s biggest insurance groups, released full-year results on Thursday, reporting a flat combined ratio — claims and expenses as a proportion of premiums — for its property and casualty...
...Meanwhile, Berkshire remains so well-capitalised, it should absorb any property and casualty claims from its customers....
...A series of legal cases in the US is focusing on whether Covid-19 can cause invisible damage to insured property — drawing on past cases involving cat urine and toxic gas — as lawyers and advocacy groups...
...Zions Bancorp and Comerica gave up 12.1 per cent and 12.3 per cent respectively. Metropolitan Bank fell 6.4 per cent....
...Amina Mohammed, deputy secretary-general, said Sudan’s army and its rival paramilitary group were waging an indiscriminate battle for Khartoum, and she feared mass casualties....
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