[ad_1] Todd Boehly, co-founder, chairman and CEO of Eldridge, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing…
Tag: PINS
Non-life insurers’ profits to see boost from higher rates, study shows
[ad_1] Sept 9 (Reuters) – Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a…
Wall Street pins its hopes for soft landing in US economy on upcoming inflation data
[ad_1] US stock investors are turning their focus to next week’s inflation data, which could determine the near-term path of an equity rally that has wobbled in recent weeks. Signs…
Aercap settlement is good news for insurers, Lloyd’s CEO says
[ad_1] The interior of the Lloyd’s of London building is seen in the City of London financial district in London, Britain, April 16, 2019. REUTERS/Hannah McKay//File Photo Acquire Licensing Rights…
Private market insured losses from Hurricane Idalia to be $3-5 bln – Moody’s RMS
[ad_1] View of a damaged property after the arrival of Hurricane Idalia in Horseshoe Beach, Florida, U.S., August 31, 2023. REUTERS/Julio Cesar Chavez/File Photo Acquire Licensing Rights Sept 4 (Reuters)…
Insight: Coal miners forced to save for a rainy day by insurance snub
[ad_1] LONDON, Aug 31 (Reuters) – Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by…
Stock markets diverge as Wall Street pins hopes on pause in interest rate rise
[ad_1] Stock markets ended mixed on Friday, with Wall Street barely budging at the closing bell as a cooling US labour market supported investor hopes that the Federal Reserve will…
Aussie corporate regulator alleges IAG units misled home insurance customers
[ad_1] Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing Rights IMA and…
Australia’s IAG misses annual cash earnings estimates; shares slip
[ad_1] Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights FY23 cash earnings…
Wildfires to cause second-largest total insured loss in Hawaii’s history
[ad_1] The damage at the Ho’Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Aug 11 (Reuters) –…