Hints and tips:
...On Wednesday, insurance brokerage Aon struck a deal to acquire NFP, a private equity-backed midsized property and casualty broker, for $13.4bn....
...It owns an insurance company, Athene, that has generated a swelling tide of fees and transformed the group — best known for leveraged buyouts — into a giant lender....
...The property and casualty insurer called If, part of Nordic group Sampo, began screening its corporate customers for ESG criteria in 2021....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Today’s top stories Wall Street’s reporting season begins....
...biggest investment groups, life insurance companies are must-have accessories....
...Data from New Street Group, an executive search company, shows that the number of director changes at UK public companies has jumped during the pandemic....
...Property and casualty cover is seen as a far more natural home....
...New Zealand has ordered residents to self-isolate ahead of a nationwide lockdown in 48 hours....
...A Nikkei article warned that the reserves held by Japan’s three leading property and casualty insurers — Tokio Marine Holdings, MS & AD Insurance Group Holdings, and Sompo Holdings — have likely shrunk by...
...The lease was signed by a company named BSREP III Nero LLC, a possible allusion to the emperor who was blamed for the burning of Rome....
...Thousands of commuters pass through London’s Cannon Street station every day....
...The grouping, seen as a way to break the stranglehold of the country’s four big high street banks, is confronting a tougher climate....
...Today, it is the traditional property and casualty insurance business, which accounts for almost two-thirds of revenues, that is the group’s big anxiety....
...Among the New York properties that Fannie Mae has helped finance is 456 Washington Street, which overlooks the Hudson River in Lower Manhattan....
...Chinese insuretech provider ZhongAn Online Property and Casualty Insurance jumped as much as 18.1 per cent on its Hong Kong debut....
...The property & casualty insurance industry has too much capital, and not enough to do with it....
...The facility is housed in a salubrious brownstone in the Upper West Side on a street where neighbouring properties sell for north of $10m....
...Insurance stocks had been trending downwards for weeks as the start of the Atlantic hurricane season weighed on investors’ minds, and rating agency Moody’s warned that property and casualty insurers, as...
...Several property and casualty insurance companies were forecast to swing to the red after Hurricanes Harvey, Irma and Maria made landfall and two earthquakes devastated parts of Mexico, a series of natural...
...Given AIG’s particular troubles with property and casualty insurance, some analysts think it would be wise not to choose another person short of industry experience....
...Berkshire is a powerhouse in reinsurance and consumer policies – including through the car underwriter Geico – but until recently it has avoided the type of big ticket property and casualty cover that AIG...
...He had been prosecuted after alerting shareholders to a fraud at Equity Funding Corporation of America, an insurance company....
...Banks are much more politically vulnerable than insurance companies....
...Instead it would be focused on administrating the life cover that it has already written, serving corporate clients, property-casualty insurance and operating overseas....
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