Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Interim boss Paul Thwaite will doubtless run it efficiently if he gets the full-time gig. Finance director Katie Murray is impressively smart....
...At a London dinner in late 2021 at the Garrick Club, Peterson introduced him to Paul Marshall....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Howard Davies: A fundamental reform of property taxation, lowering stamp duty and making the council tax more progressive....
...Its iptiQ unit helps other companies to develop insurance products....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...Shares of Travelers, one of the largest US property and casualty insurance companies, weighed on the broader Dow Jones Industrial Average with a drop of 3 per cent at the start of trading on Monday, after...
...Two years later St Paul merged with Travelers, which Citi had spun off. Travelers is the third largest US insurer by market capitalisation and employs about 30,000 people....
...Allstate, Travelers and Progressive were all down less than 1 per cent....
...This will remove over £1bn from the cost of providing motor insurance. We expect the industry to pass on this saving, so motorists see an average saving of £40-50 per year off their insurance bills....
...Analysts say the biggest hits will be taken by primary US insurers including Allstate, State Farm and Travelers. Yet even among these companies investors have been mostly cool-headed....
...The St Paul’s-educated chancellor was perfect for the part of the officious prefect....
...Travelers in 2004 merged with Minnesota-based insurer St Paul, which Mr Fishman had left Citi to run in October 2001....
...Citi named the entity containing the businesses it wants to keep “Citicorp” – just like the commercial bank that merged with Mr Weill’s Travelers insurance and investment banking operation in 1998 to form...
...It is the largest insurance industry deal since St. Paul merged with Travelers in a $16bn deal in 2003....
...Here, I must state clearly that public sector enterprises such as banks and insurance companies will remain in the public sector and will be given all support, including capital infusion, to grow and remain...
...He told me that the “real money” (US insurance companies, pension funds, etc) accounts had stopped purchasing mezzanine tranches of US Subprime debt in late 2003 and that they needed a mechanism that could...
...Chuck Prince, chief executive of Citigroup, agreed to sell to Jay Fishman, chief executive of St Paul Travelers, the red umbrella trademark that the Travelers insurance company first introduced in 1870....
...Should we start worrying about bans and insurance companies with respect to this re-pricing?...
...Similarly, St Paul Travelers investors may prove nervous about the prospect of a complex cross-border transaction....
...Zurich Financial, the Swiss insurance group, rose 2.1 per cent to SFr292.50 after a newspaper report claimed that St Paul Travelers of the US might make a bid....
...Shares in the company gained 7.8 per cent in morning trading to 144.50p on the better-than-forecast numbers and on consolidation hopes prompted by a Wall Street Journal report that St Paul Travelers of the...
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