Property and Casualty Insurance


  • China Property Transaction Volumes to Slow  Tuesday, 23 Apr 2013 | 12:32 AM ET

    Michael Klibaner, Regional Director, Head of Research, Greater China at Jones Lang LaSalle says transaction volumes in China's property market peaked in March and will therefore slow in Q2.

  • Most Expensive States for Car Insurance Monday, 18 Mar 2013 | 3:55 PM ET

    Auto insurance rates vary according to how many drivers are on the road, how safe they are, even who decides lawsuits.

  • Taming China's Home Prices  Monday, 18 Mar 2013 | 1:35 AM ET

    Du Jinsong, Head of Asia Property Research at Credit Suisse says expect more measures to tame China's home prices but wonders whether they will actually be effective.

  • US Plains Farmland Up More Than Record Setting 20% Friday, 15 Feb 2013 | 4:22 PM ET

    Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.

  • Art Boom Forces Wealth Advisers to Develop an Eye Thursday, 14 Feb 2013 | 11:13 AM ET
    Dani and Mirella Levinas have been collecting contemporary art works for more than 30 years.

    For financial advisers, knowing the value and proper care of client's collections has become an essential part of doing, and keeping, business.

  • Travelers has been raising insurance premiums for three years because of severe weather patterns, said Chairman and CEO Jay Fishman told CNBC.

  • Travelers Profit Drops as Hurricane Sandy Takes Toll Tuesday, 22 Jan 2013 | 8:43 AM ET

    The super storm that ravaged swaths of the northeast in November buffeted Travelers earnings, as the company reported sharply lower fourth quarter earnings.

  • Before Santa Brings That Puppy, Talk to Your Insurer Friday, 21 Dec 2012 | 8:56 AM ET

    Christmas gifts like trampolines, treehouse kits and certain breeds of puppies will please the kids, but cause homeowner's insurance agents to cringe.

  • For Now, Insurance Stocks to Stay Sought After: Pro Tuesday, 18 Dec 2012 | 11:19 AM ET

    For now, insurance companies will continue to increase their cash reserves and invest some of that money into stock buybacks, dividend increases and acquisitions. That will keep it one of the most sought-after sectors by investors. TheStreet.com reports.

  • Watch Out For PICC Property & Casualty: Pro  Thursday, 6 Dec 2012 | 7:20 PM ET

    Scott Russell, Head of Insurance Research, Asia, Macquarie says the Chinese property & casualty space is performing better than life insurance. He is positive on PICC's debut in Hong Kong, but prefers its subsidiary PICC P&C.

  • 'Cliff' Deadline Was Two Months Ago: Allstate CEO Tuesday, 4 Dec 2012 | 5:44 PM ET

    Neither Democrats nor Republicans are creating a win-win for the other in the "fiscal cliff" negotiations and the real deadline was months ago, Allstate CEO Thomas Wilson told CNBC's "Closing Bell" on Tuesday.

  • Allstate CEO: Facing $1.1 Billion From Sandy  Tuesday, 4 Dec 2012 | 4:21 PM ET

    Allstate Chairman, President & CEO Thomas Wilson, discusses his take on the fiscal cliff negotiations, and the $1.1 billion costs his company faces after Hurricane Sandy.

  • For Flood Victims, Another Blow Is Possible Wednesday, 31 Oct 2012 | 8:41 AM ET

    Home owners in Sandy's path face an unpleasant reality: property damage caused by flooding is unlikely to be covered by insurance.

  • Travelers Posts Record Operating Profit Thursday, 18 Oct 2012 | 7:15 AM ET

    Travelers Cos. posted record operating profit in the third quarter, as prices rose and losses from natural disasters fell sharply, the property insurance company said on Thursday.

  • Insurers Hitting Multi-Year Highs  Monday, 8 Oct 2012 | 4:07 PM ET

    Analysts say the rally in insurers is not out of gas, reports CNBC's CNBC's Mary Thompson. In fact, many of them are pushing through modest rate increases.

  • Higher Storm Damage Could Help Insurance Stocks Monday, 23 May 2011 | 1:50 PM ET
    Residents walking down street after a tornado in Joplin, Missouri.

    It's been a stormy year for U.S. property insurers, and hurricane season hasn't even started yet. But shares of these companies could be jumping if a bad year in weather prompts premium increases.

  • Short List of Executives for AIG's Next CEO Friday, 29 Apr 2011 | 2:36 PM ET
    Hank Greenberg

    Six years and four CEOs later, American International Group again faces the question of who will run the firm.

  • No 'Blueprint' for Japan Disaster: Progressive CEO Wednesday, 16 Mar 2011 | 3:50 PM ET
    CNBC - Disaster in Japan - Japan Earthquake and Tsunami

    The Japan situation offers a new “calibration point” for insurers and the world, Glenn Renwick, CEO of insurance company Progressive, told CNBC Wednesday.

  • The Most Costly Earthquakes of All Time Tuesday, 15 Mar 2011 | 3:07 PM ET
    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country. Japan's 9.0 magnitude earthquake is a rare event, according to the US Geological Survey (USGS). Globally we experience an average of only one earthquake above an 8.0 magnitude each year. This, of course, varies from year to year, with the most recent examples being four 8.0+ magnitude earthquakes in 2007 and zero in 2008.

    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.

  • Aflac Fires Comedian Gottfried for Japan Tweets Monday, 14 Mar 2011 | 6:07 PM ET

    Insurance provider Aflac announced today that it had fired comedian Gilbert Gottfried, after he lampooned Japan earthquake and tsunami victims on Twitter.