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Insurance
Commercial insurance rates decline for 17th consecutive quarter
The second quarter of 2017 marked the seventeenth consecutive quarter in which commercial insurance rates declined, according to the latest MARSH Global Insurance Market Index.   16 August 2017
Insurance
Pricing discipline pays off for Munich Re, Swiss Re, Hannover Re and SCOR
Pricing discipline by Munich Re, Swiss Re, Hannover Re and SCOR is proving an important competitive advantage in the face of declining market pricing and investment yields, Fitch Ratings said on Aug. 16.   16 August 2017
Insurance
Admiral grows in H1 and offsets Ogden hit
UK-based motor insurer Admiral Group grew its operations in the first half of 2017, offsetting the impact of a lower Ogden personal injury discount rate.   16 August 2017
Insurance
One Broker snaps up Gibbs Denley Insurance
UK's One Broker Group has acquired Cambridge-based Gibbs Denley Insurance Services (GDIS) to expand its products and services across the region.   15 August 2017
Insurance
S&P warns on reinsurers’ increasing earnings volatility due to nat cats
Global reinsurers' earning volatility will intensify if annual natural catastrophe claims keep moving toward levels that are closer to the long-term average, S&P Global Ratings said on Aug. 14.   15 August 2017
Insurance
UK businesses unprepared for cyber-attack disruption: Lockton
UK businesses are unprepared for the potential length and severity of a cyber security breach, according to a new report by insurance broker Lockton.   14 August 2017
Insurance
First gadget insurance comparison site launched in the UK
Comparison Creator, a software development company specialising in product comparison, said on Aug. 14 that it launched a platform called Protect Your Gadget.   14 August 2017
News
Reinsurance MGAs may be the next step in the intermediary market
The market for managing general agents (MGAs) is sprawling with new concepts, ideas, and projects.   14 August 2017
Insurance
Retail and industrial lines prompt Hannover Re parent to raise 2017 outlook
Hannover Re parent Talanx said Aug. 14 that it is raising its outlook for group net income in 2017 to around €850 million from around €800 million after a jump in first-half earnings.   14 August 2017
Insurance
Prudential merges UK fund management with insurance unit
UK-based life insurance group Prudential said on Aug. 10 that it is merging its Prudential UK & Europe unit with its asset manager M&G to form a leading savings and investments business.   10 August 2017

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