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Insurance
SCOR reported an increase in GWP in its financial results for the first half of 2016 but suffered a significant fall in its net income. 27 July 2016
Insurance
Moody’s has held its annual insurance summit, where a poll of respondents claimed that slow economic growth could impact insurers in the future. 27 July 2016
Insurance
The Hartford, a property and casualty insurer, has agreed to sell its UK property and casualty run-off subsidiaries, Downlands Liability Management (DLM) and Hartford Financial Products International (HFPI), to Bermuda-based re/insurance consolidator, Catalina. 27 July 2016
Insurance
Demand for business interruption cover from the manufacturing industry is likely to replace privacy-related issues as the main motivation to buy cyber coverage in the US, boosting growth of the segment and helping it to mature in Europe and Asia. Intelligent Insurer reports. 25 July 2016
Insurance
XL Catlin has expanded its Iberia insurance operation with the appointment of Eduardo Guinea as client and distribution leader Iberia. 25 July 2016
Insurance
Cunningham Lindsey, a provider of claims management services to the insurance market, has appointed the role of managing director (MD) to Tobias Walter, replacing Ulrich Mann, who left the company after 21 years. 22 July 2016
Insurance
Swiss Re has issued a formal statement saying that it refuses to comment about recent rumours in the market about a possible sale of its minority stake in Admin Re. 22 July 2016
Alternative Risk Transfer
Cyber re/insurance can be opened up to ILS investors but the underlying risks must be properly understood before they can be modelled, says Sciemus CEO Rick Welsh. 21 July 2016
Insurance
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has started a transactional liability unit in North America to help customers face inherent risks caused by M&A transactions. 21 July 2016
Insurance
Allied World Assurance Company (Allied World) enjoyed a big boost in its net profits in the second quarter of 2016 though the business did shrink in several areas including reinsurance largely because of declines in its property portfolio. 21 July 2016
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