Hints and tips:
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...But the industry is now a key target of his industrial plan as he focuses on reviving the economy....
...War in Ukraine: Russia has poured troops, bombs and artillery into a new offensive on the eastern industrial city of Avdiivka....
...From the struggling property market to lacklustre trade and industrial profits, several economic indicators for the Chinese economy are flashing red....
...The hawkishness could placate industrial workers who think their jobs have been moved abroad, even as Biden goes further than Sanders in his belief in America as the policeman of the world (something Trump...
...We think that the recent spike in valuations (particularly relative valuations) is getting out of hand. This is an industrial company, serving largely industrial customers....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...The US has accused China of stealing intellectual property and forcing US companies to hand over technology, labelling China’s trade practices as predatory and unfair, while Beijing has accused Washington...
...America, western Europe and parts of Asia....
...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...
...The Dow Jones Industrial Average ended the day flat at 21,808, thanks in part to a 2.5 per cent decline for property and casualty insurer Travelers — one of several insurers that took a leg lower as investors...
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...Mr Greenberg created the Chubb of today when in 2015 he struck the biggest deal in property and casualty insurance history. He was CEO of Ace, the Zurich-based insurer he joined in 2001....
...ZhongAn Online Property & Casualty Insurance has priced its initial public offering at HK$59.70, raising $1.5bn, according to people familiar with the deal....
...In one case, Travelers Indemnity, an insurance company, asked a federal court in 2014 to rule that a general liability policy it sold to PF Chang did not cover a breach of customer data at the US Chinese...
...This high profile casualty of the trade war won’t go unnoticed among multinational companies. Garry Young, NIESR Chelsea will win the cup....
...Warren Estey will leave his role as co-head of US equity capital markets to become the bank’s head of Americas natural resources....
...Blackstone has a record of assembling large portfolios of assets in sectors such as hotels or industrial property, which it then floats or sells....
...Wiener was seen as the “prophet of the second industrial revolution”, veering from the wildly enthusiastic to the deeply pessimistic....
...Deutsche said that the sale of Hua Xia to China’s PICC Property and Casualty Company, for between Rmb23bn and Rmb25.7bn (€3.2bn-€3.6bn), would bolster its core tier one capital ratio — a key measure of financial...
...Hartford Financial, a smaller rival, jumped more than 6 per cent to a fresh seven-year high of $44.19 and Travelers Companies rose 2.73 per cent to $99.30....
...It would have created a new S&P 500 company and the world’s fifth-largest property and casualty reinsurer. However, speculation has mounted that another party would make a competing offer....
...The actual result came in ahead of forecast at $2,876 per share, thanks to strong underwriting profits in insurance, particularly property and casualty reinsurance....
...Carlos V of Spain said priests who plonked a Gothic cathedral in the middle of Cordoba’s Great Mosque had tainted the exceptional with the ordinary....
...Global and African business travelers demand two- and three-star hotels as well as top-tier properties....
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