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Insurance
The best of the best
Intelligent Insurer recently revealed the winners of its annual European Awards 2015. We caught up with a few lucky winners in Baden-Baden to hand over their awards.   21 October 2015
Insurance
M&A has inherent risks—but so does not participating
Despite the large number of mergers and acquisitions (M&A) that took place this year, the re/insurance market is still grappling with excess capacity, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today.   21 October 2015
News
Size no substitute for expertise and client focus: Allianz Re
It is inevitable that the reinsurance industry will increasingly become divided into clusters—or tiers—given the competitive forces at work. This will not be based on size and reach alone, but on technical skills, expertise and the willingness to invest to better understand clients, Amer Ahmed, chief executive of Allianz Re, told Baden-Baden Today.   21 October 2015
News
Cyber risk rises as major worry for insurers
The risks from cyber terrorism and other forms of electronic attack are increasing, according to risk modelling company AIR Worldwide.   21 October 2015
Insurance
Changing buying patterns will define winners and losers: S&P
Global reinsurance pricing across all lines of property/casualty (P/C) insurance has been under pressure for the past few years and this pressure will continue into 2016, according to a new report by rating agency Standard & Poor’s (S&P).   21 October 2015
News
Two-speed European market split by claims
Varying claims activity in Europe has led to the emergence of a two-speed European market with a knock-on effect on rates in this renewals, claims one of Hannover Re’s most senior executives.   21 October 2015
Insurance
Marsh report highlights cyber risk threat
A new survey carried out by broker Marsh claims that most European organisations are not doing enough to identify, analyse and understand their cyber risks and suggests that this may be caused by a lack of risk management and board-level ownership.   21 October 2015
Insurance
Beazley enjoys rapid growth in cyber lines
Specialty risk insurance and reinsurance business Beazley is set to continue its focus on US insurance, after the segment helped the firm post a strong set of results for the first half of 2015.   21 October 2015
Insurance
Talk of innovation distracts from real issues: Junke
The soft market in Europe will continue for the foreseeable future but there will be some positive news for reinsurers as they benefit from the introduction of Solvency II, Arno Junke, chief executive of German reinsurer Deutsche Rück, told Baden-Baden Today.   21 October 2015
Insurance
Liberty subsidiary to exit UK motor insurance business
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is to make a managed exit from its niche UK motor insurance business following a strategic review.   20 October 2015

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