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Third Point Reinsurance, the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, N.J. as the location for a new U.S. subsidiary.
Rates charged by reinsurers, which have been falling for most of the past decade, may decline more slowly this year, the head of Allianz SEs reinsurance division said.
President Barack Obama pledged to veto any legislation that weakens new curbs on Wall Street as banks and the Republican-led Congress increasingly seek to roll back the Dodd-Frank financial-regulation law.
The most important factor when buying real estate is location, and as you might expect, its a significant factor in establishing rates for homeowners insurance as well.
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