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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....
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...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
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...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...In July 2022, the firm secured a €7bn pool to lend to European midmarket companies, the largest fund it has ever raised....
...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...
...a company to house Eurovita’s life insurance policies....
...for the company)....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...,” which is Florida’s state-run insurance company....
...deposit insurance fund had to cover, from the bank failures last year....
...Federal Deposit Insurance Corporation....
...The company’s short-term Treasury portfolio and cash generated north of $115mn in interest income for Berkshire’s insurance unit every week last year — or some $6.1bn —, eclipsing the $5.5bn it earned in...
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...The case studies below featuring the most innovative legal teams in North America highlight examples of their work in the following areas: Legal team operations Outside counsel management Sustainability...
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
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