Multiline Insurance (TRBC)
LONDON (Reuters) - Global commercial insurance rates rose 19% in the second quarter, driven higher by claims related to COVID-19 and other large losses, insurance [more…]
(Reuters) - Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars in losses they [more…]
(Reuters) - Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its [more…]
LONDON (Reuters) - Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they [more…]
(Reuters) - William Ackman’s publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel [more…]
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow [more…]
LONDON (Reuters) - Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates [more…]
(Reuters) - Canada’s largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest. [more…]
OMAHA, Neb. (Reuters) - Preventing injuries from running shoes is a science for Jim Weber, the chief executive of Brooks Running, a unit of Warren [more…]
(Reuters) - Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth [more…]
