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Legacy specialist DARAG sees pre-Brexit ‘panic’ and active run-off market
Insurance
Global insurance legacy specialist DARAG has seen a “flurry of activity” in the last 18 months with a number of acquisitions and funding, “and more announcements to come”, the company’s group chief executive officer Tom Booth told Monte Carlo Today.   8 September 2019
Fitch: 2020 global reinsurance sector outlook is ‘stable’
Insurance
Rates in the global reinsurance market are improving—but a true hard market is some way away, according to the latest market sector report by Fitch Ratings.   8 September 2019
ILS goes global, starts to mature
Insurance
After the 2017 and 2018 cat losses, investors are more cautious and seeking better returns. But with new ILS hubs emerging globally, the future of this market looks bright, Craig Smith of Deutsche Bank told Monte Carlo Today.   8 September 2019
Insurance
In the 2019 renewals negotiations so far, reinsurers have seen improvements in rates and prices compared to the previous, heavily loss-affected years.   8 September 2019
Insurance
The Deutsche Rück Group is planning a geographical expansion outside its core markets. Achim Bosch, chief underwriting officer at the company, told Monte Carlo Today that in the coming months, the group will enter some new markets outside Europe and take on business from selected North African markets.   8 September 2019
Insurance
Despite operating in a turbulent market buffeted by numerous micro and macroeconomic factors, reinsurers continue to grow and perform well and are increasingly helping emerging markets better manage risk.   8 September 2019
Insurance
Four years since the launch of UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, chief executive Marco Sordoni explains to Monte Carlo Today why the reinsurer is seeking deeper relationships with clients and is investing in its infrastructure.   8 September 2019
Insurance
Global reinsurer SCOR has committed €250 million investment to its new three-year strategic plan that includes goals to enhance shareholder value, make greater use of new technologies, and generate 4-7 percent growth per year.   4 September 2019
Insurance
Hyperion Insurance Group has launched new analytics business, encompassing all actuarial, catastrophe modelling, and thought leadership functions, with the appointment JLT's David Flandro.   4 September 2019
Insurance
Lockton Re, the reinsurance broking arm of Lockton Group, has appointed Simon Mills and Fraser Howard to build its new international healthcare practice as part of the company's expansion plans in the reinsurance sector.   4 September 2019

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