Hints and tips:
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...Swiss insurer Zurich is to expand in the US with its $3.9bn acquisition of MetLife’s property and casualty insurance business....
...In the June-July contract renewal season, the reinsurers have received double-digit price increases for covering a broad range of property and casualty risks....
...Casualty Insurance Association....
...The UK property market is emerging from a period of deep freeze — and that’s bad news for house prices (and homeowners)....
...In 2018 French insurer Axa floated Axa Equitable, its US life insurance business, as it refocused on property and casualty insurance....
...Property and casualty cover is seen as a far more natural home....
...growth in property re-insurance lines, where rates should continue to harden....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...Axa announced earlier this year that it was buying XL Group in a $15.3bn deal that will cement its position as one of the world’s biggest property and casualty insurance companies....
...Aspen rejected a bid from rival Endurance in 2014, which valued the company at $3.2bn. Apollo has a record in the property & casualty insurance industry....
...Until, that is, the Department of the Treasury started to demand title insurance companies identify beneficial owners in certain counties....
...The disposal leaves The Hartford, whose history stretches back to 1810, focused on property casualty insurance and employee benefits....
...It will complete our exit from the run-off life and annuity businesses and strengthen our focus on growing our market-leading property and casualty, group benefits and mutual funds businesses....
...In a note on Monday, credit ratings agency Moody’s warned that primary property and casualty insurers, as well as reinsurers and alternative capital providers such as catastrophe bonds, are all likely to...
...Chinese insuretech provider ZhongAn Online Property and Casualty Insurance jumped as much as 18.1 per cent on its Hong Kong debut....
...The marketing power of drug companies and laissez-faire attitude of doctors has fuelled one of the worst public-health epidemics of modern times, which ended up proving ruinous for De La Rosa and millions...
...The industry veteran won early support from AIG shareholder Carl Icahn, even thought the activist has previously called for the group to separate its property & casualty business from its life insurance...
...Given AIG’s particular troubles with property and casualty insurance, some analysts think it would be wise not to choose another person short of industry experience....
...He had been prosecuted after alerting shareholders to a fraud at Equity Funding Corporation of America, an insurance company....
...Back when it took control of Ironshore, a speciality commercial property and casualty insurer, Fosun touted the benefits of using the company to expand its product range and Ironshore’s CEO talked of the...
...A new regulatory body is needed to help navigate and eventually untangle these new linkages between banks, securities companies, trust companies and insurance firms, and can also help coordinate the tricky...
...Insurance companies, pension funds and private equity firms have all provided a mixture of senior and mezzanine debt secured against residential and commercial property during the past year....
...Over the last year, we understand that a number of AIG’s 100,000+ employees have left A.I.G. to join the company’s direct competitors in the global property and casualty and life insurance businesses....
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