Insurance Property and Casualty Insurance

  • April 21- Property and casualty insurer Travelers Cos Inc reported a lower-than-expected quarterly profit as catastrophe losses nearly doubled, mainly due to hail storms in Texas in March. Two-thirds of those losses came from two severe storms in Texas in March, the company said. Texas was hit by several storms in March, including tornadoes that toppled power...

  • April 21- Property and casualty insurer Travelers Cos Inc reported a 17 percent fall in quarterly net profit on Thursday as catastrophe losses nearly doubled, mainly due to hail storms in Texas in late March. Travelers, a Dow-30 component, said its catastrophe losses jumped to $318 million, net of reinsurance, in the quarter ended March 31 from $162 million a year...

  • Vehicles are left stranded on Interstate 45 in Houston, Texas on May 26, 2015.

    Travelers reported a 17 percent drop in profit on Thursday as catastrophe losses nearly doubled, mainly due to hail storms in Texas in late March.

  • April 21- Property and casualty insurer Travelers Cos Inc reported a 17 percent fall in quarterly net profit on Thursday as catastrophe losses nearly doubled, mainly due to hail storms in Texas in late March. The company's net income fell to $691 million, or $2.30 per share, in the first quarter ended March 31 from $833 million, or $2.55 per share, a year earlier.

  • Downpayment protection for skittish homeowners

    CNBC's Diana Olick looks at a new product from ValueInsured aimed at protecting homeowners' downpayment from falling home prices; and speaks with Joe Melendez, ValueInsured CEO, and Barry Zigas, Zigas & Associates LLC founder.

  • Risk

    Is your small business equipped to handle the next major storm? Here are some important steps to protect your company.

  • Signing legal document

    Life and "key man" insurance policies have special rules regarding suicide.

  • Brexit may pose risk to investment: CEO

    Hammerson CEO, David Atkins says the company has absolute confidence in delivering its dividend, while weighing in on how a "Brexit" could impact Hammerson.

  • Happy with Hammerson’s loan to value level: CEO

    Hammerson CEO, David Atkins explains why demand in the retail space is polarizing to the larger shopping centers, while discussing the firm’s earnings.

  • CapitaLand: We're realistic players in a long game

    Arthur Lang, CFO at CapitaLand, says even though China's short-term outlook is worrying, he is optimistic about the long-term underlying fundamentals.

  • Australia's largest landowner could be sold via crowdfunding

    Arthur Naoumidis, CEO at Domacom, says after the sale of S. Kidman and Co to Chinese investors was blocked, he saw the opportunity for the general public to buy Australia's largest landowner.

  • Should investors jump into Hong Kong equities?

    For medium to long-term investments, Hong Kong equities are attractive because of lower valuations, but in the short term it is difficult to tell if H-shares have bottomed, explains Paul Pong, MD at Pegasus Fund Managers.

  • Asians and Russians who actively bought property in London's wealthiest areas have deserted the market, the Financial Times reports.

  • Beware of Hong Kong's property bubble!

    Signs of affordability, price-earnings ratios and tenant buying behavior all suggest Hong Kong's property market is still a bubble, warns Daniel So, strategist at CMB International Securities.

  • A vehicle and a home are swamped with floodwater from nearby Black Creek in Florence, South Carolina, Monday, Oct. 5, 2015.

    CNBC explains why there is a large gap between the number of households and amount of flood insurance policies in high-risk areas.

  • Historic flooding hits South Carolina

    South Carolina's economic losses from the historic and deadly flooding will easily top $1 billion, experts say, but the looming issue for the state and federal government is that most of it will be uninsured.

  • US housing to remain on recovery road?

    Hessam Nadji, chief strategy officer at Marcus & Millichap, discusses what he expects from the Case-Shiller Home Price Index, out Tuesday.

  • A view of the seaside mansion which was used as the U.S. consulate from 1957, and later renamed Lincoln House, is seen in Mumbai, India, September 14, 2015. Vaccine billionaire Cyrus Poonawalla has bought the former maharaja's mansion in Mumbai from the U.S. government for around 7.5 billion rupees ($113 million), newspapers reported, making it the most expensive ever residential purchase in the country.

    A sprawling seaside mansion in Mumbai has been sold for $113M in the most expensive residential property deal in India's history, the FT reports.

  • Are millennials scared to own property?

    Jeff Taylor, co-founder & managing partner at Digital Risk, explains what three factors are weighing on millennial minds when it comes to purchasing property.

  • Travelers

    Travelers Companies announced on Tuesday that Alan D. Schnitzer will succeed Jay S. Fishman as CEO effective Dec. 1 of this year.