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...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...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...
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...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...
...Insurance companies are fleeing Florida as costs to insure property have increased dramatically....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...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 move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...Despite its connection to authorities in the southern Chinese tech hub of Shenzhen, Moody’s — which this week removed Vanke’s investment-grade ratings — does not “factor in any state support or government...
...Property and casualty insurers may comfort themselves that their exposure to climate risk is limited by annual contracts — an industry standard that enables them to reprice, limit or completely withdraw...
...He was a pioneer in corporate governance thinking and authored several books and articles on the role of directors and chief executives....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Privately controlled shell companies linked to the Laura Foundation invested in developments alongside other Signa entities, and Signa Holding funded personal properties used by the tycoon and his private...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...And Berkshire made a big bet in underwriting property and casualty policies in Florida, betting on a tame hurricane season. That wager has largely paid off....
...In it, people comment that there ought to be less property speculation and more concern for citizens....
...Instead, as with many others, she and her British husband opted to buy in her hometown: the city of Shangrao in the southern province of Jiangxi....
...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...
...Treasure chest Shareholders are starting to ask questions over who really owns the art on companies’ balance sheets, the FT’s Leo Lewis writes....
...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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