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...“The large capital base of National Indemnity and the broader Berkshire allows the group to take on more investment risk than is typical for insurance companies,” said Bruce Ballentine, senior credit officer...
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...product for companies....
...A deal would give Connecticut-based Eldridge Industries a foothold in the fast-growing market for lending to privately held European companies, building on its investments in insurance, asset management,...
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...A deal would give Boehly’s Eldridge Industries a foothold in the fast-growing market for lending to private European companies, building on its investments spanning insurance, asset management, technology...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...Still, the Travelers executive did admit to some anecdotal evidence of bigger hail....
...Geico and National Indemnity or the BNSF railroad....
...Travellers, meanwhile, was an insurance company that also had an investment banking arm. SMITH BARNEY: Smith Barney. They make money the old fashioned way....
...In any event, ask whether trustee indemnity insurance is in place, which might offer some reassurance....
...One of them was with Chris Murphy, the Democratic senator from Connecticut, who is becoming a bit of a star in progressive circles thanks to his unique diagnosis of a problem that reaches across the aisle...
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...In a strongly worded response, the insurance company’s board of directors argued conducting an audit would violate insurance laws in multiple US states, which “prohibit the consideration of race in underwriting...
...But it does raise questions of competence and also why the cost of providing indemnity insurance to the buyer should be borne by the listed fund and not the manager....
...A group of players gathered for the Travelers Championship in Connecticut this week met PGA Tour leaders on Tuesday at the private golf course TPC River Highlands....
...Connecticut-based Conning, which was established 110 years ago, has grown its assets under management from $85bn less than a decade ago to $157bn....
...Skinner was a veteran of the marine protection and indemnity industry, according to industry publication TradeWinds....
...The fund is managed day-to-day by an insurance services company, Thomas Miller....
..., a professor at Trinity College in Connecticut....
...[MUSIC PLAYING] Marc Filippino Sources tell the FT that US insurance giants Cigna and Humana are considering a merger. That deal would create an American health insurance company worth about $140bn....
...In December, protection and indemnity insurers, which provide liability insurance to seaborne trade, warned that their reinsurers had cancelled certain insurance covers for Ukraine war-related claims....
...Protection & Indemnity Clubs....
...The retraction undermined their original findings that those who signed a declaration at the start of a tax form and a car insurance company claims audit were more honest....
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