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...The US property and casualty insurance industry has suffered through a summer of devastating thunderstorms on the continent....
...Property is also back in the spotlight. In Europe, falling house prices are hurting. One of the casualties is Swedish property company SBB, which borrowed heavily during a local boom....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...Alleghany, a property and casualty insurance and reinsurer, has long been described as a mini-Berkshire Hathaway....
...Russia yesterday acknowledged heavy casualties for the first time, disclosing 498 deaths and 1,597 injuries....
...Simon Property Group, America’s biggest mall owner, and Brookfield Asset Management have been given the green light to buy US department store chain JCPenney out of bankruptcy for $1.75bn, in a deal expected...
...Mr Shields, the KBW analyst, says that historically a rise in the share of Democratic appointees to judges on the US appeals courts leads to an increase in the reserves of held by property and casualty insurers...
...There’s a longstanding perception that America needs a minimum of four wireless companies for healthy competition....
...There’s a lot of insured property out there.” The updates from Travelers and Allstate could signal weakness across the sector as earnings season gets under way....
...It was a chance to “imbue them with the company’s ethos and spirit”....
...Meanwhile, UK property owner IWG gave up on sales talks with Terra Firma, TDR Capital and Starwood on Monday....
...US computer company began trialling its version of the technology with a small number of companies late last year....
...The insurer’s life division has performed far better than its property and casualty business, where a series of reserving charges and muted profitability have undermined investor confidence....
...The proceeds of Thursday’s IPO all go to the parent Axa as it looks to fund its $15bn buyout of property and casualty insurer XL Group. Axa has other priorities than its US businesses....
...One of his touchstones for anti-competitive behaviour is the late 1990s US v Microsoft case, in which the company was found guilty of using its operating system monopoly to stifle competitors like Netscape...
...Meanwhile, UK property owner IWG gave up on sales talks with Terra Firma, TDR Capital and Starwood last week....
...Subtlety and nuance about complex issues are the casualties....
...Xcerra, the Massachusetts-based testing chip company, was the latest casualty, when it in February ditched its agreement to be acquired by a state-backed fund in the face of regulatory hurdles....
...Mr Barberini said that San Bruno police would be reviewing Ms Aghdam’s social media posts, as well as gathering “quite a bit” of forensic evidence, security camera footage and searching two properties in...
...CDL v Millennium hotels: Singapore stand-off A simple question sits at the heart of a battle between one of Singapore’s richest men Kwek Leng Beng and a group of investors in UK-listed Millennium & Copthorne...
...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...
...It will complete our exit from the run-off life and annuity businesses and strengthen our focus on growing our market-leading property and casualty, group benefits and mutual funds businesses....
...Bank of America Merrill Lynch advised Atlas Merchant. The disposal leaves The Hartford, whose history stretches back to 1810, focused on property casualty insurance and employee benefits....
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...During a sabbatical from the company in 1998, Bryant came up with the idea for Bratz, a range of dolls that were sassier than Barbie and reflected the rich ethnic mix of modern America....
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