Hints and tips:
...The insurer was likely to “receive questions about potentially buying a commercial lines [property and casualty] business at the top of the cycle . . . but the purchase price seems reasonable in this respect...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Farmers Insurance, one of the biggest property and casualty providers in the US, found itself under attack this year for political “wokeness”....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...Flow, Neumann’s new property company confirmed that “a coalition of half a dozen financing partners . . . submitted a potential bid” two weeks ago....
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...In fact, it’s the opposite of that. However, I’m kind of long the insurance industry, specifically kind of property casualty insurance industry....
...The Chinese property sector has emerged as the biggest threat to the stability of the global economy, fuelling a “dramatic shift” out of emerging market stocks and into the US, according to Bank of America...
...Five long positions in five very different industries (property casualty insurance; discount retail; health insurance; aerospace and defence; travel)....
...In 2022, 5 per cent of their wealth was invested this way, according to the company....
...The cost of short-term commercial property insurance in North America was up by almost 15 per cent, Greenberg said, double the speed of increases in claims costs....
...We’re very selective.” As full-time president and CEO of the estate, Janie now runs two companies. Experience Hendrix oversees posthumous releases, CDs and documentaries, alongside music licensing....
...What’s a couple of hurricanes and floods a year and high insurance when you got low taxes and rising property rates?”...
...The government push extends to reforming so-called Solvency II rules, adopted while Britain was in the EU, to allow insurance companies to invest billions of pounds more in infrastructure....
...Strict zero-Covid restrictions have put paid to any revival of the country’s stricken property sector....
...Alleghany, a property and casualty insurance and reinsurer, has long been described as a mini-Berkshire Hathaway....
...At the same time, it reduced its full-year estimate for property and casualty losses from Covid....
...A recent survey of insurance investors by Bank of America found that almost 60 per cent said less predictable claim costs in property and casualty insurance were the major climate risk to the sector....
...MMC in May took legal action against rival NFP Property & Casualty Services in the US over the departure of 13 former JLT staff....
...One thing to start: Monday marked the S&P 500’s worst day of trading since May as the liquidity crisis at the Chinese property developer Evergrande rocked global financial markets....
...He was in demand as a businessman — governor of one insurance company, director of another and chair of a new technology start-up (the wrong technology as it happened, his oil gas company losing out to coal...
...Its Athene insurance company — built to profit from the disruption of the 2008 crisis — was Rowan’s brainchild, Black has said....
...Allianz’s main target for acquisitions, said Mr Terzariol, is property and casualty insurance....
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