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...The failure of Signa, a property empire built over the past two decades by its politically connected, billionaire founder Benko, has been the highest-profile casualty of the strains across Europe’s commercial...
...The growth in casualty insurance is intended to provide a “better balance” to its catastrophe-exposed property policies....
...Nilufar: Time Traveler Stop by the Via della Spiga gallery for a whistlestop tour of some of the most creative minds of the moment....
...Its property and casualty insurance division weakened, posting an overall underwriting loss reflecting worse conditions for areas such as credit insurance, but its major life and health insurance division...
...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Property casualty reinsurance is not cyclical, so it’s not a bet on a confusing economy; pricing and contract terms in reinsurance in particular are better and tighter now than they have been in years; and...
...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
...The bank originated as the Nippon Credit Bank, which was among the highest-profile casualties of the protracted fallout from the collapse of Japan’s 1980s property bubble....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...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...
...’s property sector crisis....
...Property and casualty insurers may comfort themselves that their exposure to climate risk is limited by annual contracts — an industry standard that enables them to reprice, limit or completely withdraw...
...An early casualty of Covid — he and his wife, the critic and curator Lea Vergine, died a day apart in 2020 — he donated his archive to the city of Milan, on condition that it remained closed for 40 years...
...It also sold intellectual property within some Asia-Pacific countries for $50mn. The cost of living crisis has hurt Superdry recently. Other problems were avoidable....
...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...
...As a result, academic historians — like the ones producing the National Trust’s list of which of its properties had links to the slave trade, for instance — are often caught in the crossfire....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...But with no real blood oath intact at JPMorgan (and no chance of repercussions for breaking it, as was the unfortunate fate of Travelers director Edward Budd), Dimon appears to have decided that he has waited...
...Flow, Neumann’s new property company confirmed that “a coalition of half a dozen financing partners . . . submitted a potential bid” two weeks ago....
...And Berkshire made a big bet in underwriting property and casualty policies in Florida, betting on a tame hurricane season. That wager has largely paid off....
...Dark blue monkshoods, or aconitums, are flowering near it with red Penstemon King George, another near-casualty of last winter....
...Six residential property and casualty insurers became insolvent in 2022, according to the state....
...Our first pick, the property casualty reinsurer and primary insurer Everest Group, ticked all our boxes well: a cheap stock with a history of delivering growth, and with industry tailwinds to boot....
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