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...Additional reporting by Robert Wright...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...However, the company warned that a third division — property and casualty reinsurance — had been affected during the third quarter by an increase in small to midsized claims, driven partly by rising inflation...
...Lemonade recruited Sean Burgess from San Antonio-based insurance group USAA to be its chief claims officer....
...No premiums for insurtech Once high-flying insurance start-ups like Lemonade, Hippo and Root have emerged as the biggest casualties of the broader sell off in tech stocks, the FT’s Ian Smith writes....
...“Migrant workers are much less likely to have formal labour contracts that allow them to pay into social insurance schemes that protect them if unemployed,” she says....
...Speaking at the FT’s Global Boardroom event, he said: “I am not convinced that we are going to have a V-shaped recovery. I think it will be more like a U.”...
...Its iptiQ unit helps other companies to develop insurance products....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...Burglaries — another offence for which police records are likely to be reliable because of insurance companies’ demands — were up 10 per cent in London, against a 6 per cent average for England and Wales...
...Simon Kirby, chief operating officer at Rolls-Royce, is stepping down just 19 months after taking the post, becoming the first high-profile casualty of the FTSE engineer’s latest restructuring....
...Under the deal Apax will own 60 per cent in Duck Creek Technologies, which sells billing, claims and policy software to property and casualty insurers, with Accenture retaining the remainder of the company...
...The US Congress has banned the company from using the Russian-built RD180 engine that powers its Atlas V rockets, like the one that took off on May 20....
...On the contrary, there is an incentive to migrate pre-Brexit to earn an active national insurance number....
...But it’s a useful insurance policy if the economy were to take a sudden cyclical lurch downwards....
...Stephen Morrall is a partner specialising in company law and Hazel Wright is a partner specialising in family law at Hunters, a law firm...
...Rio’s Albanese is the latest casualty in sector turbulence Tom Albanese this week became the latest casualty in the upper echelons of the mining industry, departing Rio Tinto after the Anglo-Australian...
...Greenberg has been quietly building up a family of insurance companies that could compete with A.I.G. To fill the ranks of his venture, C.V....
...Because Jim Crow laws were overturned, black CEOs today run Fortune 500 companies....
...In recent weeks the main casualty has been V-Bird, a small Dutch-owned carrier operating out of Düsseldorf-Niederrhein airport in Germany, which has ceased operations....
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