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Insurance
Syndicate Research Limited (SRL) placed the B+^ (Above Average) Continuity Opinion of Lloyd's syndicate 2007 (Novae Syndicates Limited) under review for possible downgrade. 2 June 2017
Insurance
A year after a full-scale restructuring, Munich Re subsidiary ERGO claims to be more efficiently structured, and intends to contribute more than €600 million in to the long term to the annual net profit generated by its parent. 2 June 2017
Insurance
Deutsche Rück has negotiated better conditions with its cedants in fire/property insurance in Germany. 2 June 2017
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
The increasingly litigious nature of society and corporate life means that a robust D&O policy is now critical for companies wishing to recruit quality staff. But formulising the right policy with the right covers and terms and conditions is equally important – for the sake of both the insured and the company buying the coverage, Dav Khalaghizadeh, head of Commercial D&O, at Aspen Insurance, tells Intelligent Insurer. 1 June 2017
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has strengthened its regional team in Europe with the appointment of Hans van Oort as managing director of Benelux operations. 1 June 2017
Insurance
Insurtech Trace Isys has appointed Simon Howden as chief executive officer of the company. 1 June 2017
Insurance
Prague headquartered VIG Re aims to strengthen its underwriting activities in Germany and to enter additional countries mainly in continental Europe, according to the company’s 2016 annual report. 1 June 2017
Insurance
The European Securities and Markets Authority (ESMA) has set out a principles rule book for the supervisory approach to company relocations from the UK as the country leaves the EU and stressed that special attention should be granted to avoid letter-box entities in the EU27. 1 June 2017
Insurance
Insurtech investments are targeting the personal lines’ insurance value chain in product development, client acquisition, underwriting, and claims management in the insurance value chain, a new Conning study shows. 31 May 2017
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