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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....
The sixth annual ranking of companies in the region with the highest growth. Health tech businesses thrive post-pandemic even as VC funding drops. Plus: Singapore draws in start-ups; new models of corporate success in Japan; India’s EV expansion
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...,” which is Florida’s state-run insurance company....
...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...
...An insurance company “needs to have the longer-term alignment”, Borean said, adding that each situation needs to be viewed on a “case-by-case basis”....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Blue Sparrow missiles have “performed flawlessly in its missions so far”, according to its producer, Israeli defence company Rafael....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...“They’ve really been pushing $40 [an hour] and free health insurance.”...
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...The insurance sector is expecting a hefty bill....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...These larger vessels have a greater risk of grounding, collision, allision, and marine casualties. These risks have resulted in limitations to operations within the Harbor....
...Abu Omar was not the only Al Jazeera casualty of the war....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...Marine insurance experts told the Financial Times that the accident would probably lead to a substantial claim, including for damage to the bridge and disruption to the port....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US and UK on Thursday unveiled fresh sanctions on Iran, including targeting individuals and companies involved in drone production....
...In a more mercantilist world, a clear pattern is emerging in India’s trade policy strategy: if companies or countries want freer access to the big and growing markets of the world’s fifth-biggest economy...
...As at the end of 2022, US insurers (primarily life insurance companies) held some 20 per cent of all outstanding US commercial mortgage loans, accounting for 9 per cent of the insurance industry’s total...
...Yuan Lixia, a 45-year-old migrant worker in the southern Hunan province, decided this year to withdraw from the main health insurance policy, which covered less than 40 per cent of a Rmb20,000 ($2,800) back...
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