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UK-based RSA is experiencing “challenges in wholesale and international commercial markets from US and Caribbean cat activity,” according to a Nov. 2, 2017 trading update. 2 November 2017
Insurance
Much of the focus at SIRC this week has been around renewals and capacity, and not enough attention has been given to the importance of the emergence of new technologies, which Tony Hobrow, CEO for Asia Pacific at VenturesOne, said will ultimately transform the insurance and reinsurance sectors. 1 November 2017
Insurance
Specialist insurer Beazley has launched two comprehensive suites of financial lines products in Asia, according to a Nov. 1 statement. 1 November 2017
Insurance
Eight senior figures gathered at a roundtable discussion covering the forces driving change in and shaping the London Market in the context of how insurers and reinsurers are responding. The discussion, held in partnership with DXC, covered topics including Brexit, premium shrinkage and competition from other domiciles, talent and diversity. 30 October 2017
Insurance
Net income attributable to Aon shareholders was $185 million in the third quarter of 2017 compared to $319 million in the same period a year ago as operating income falls and restructuring costs bite. 27 October 2017
Insurance
Japan-based Toa Reinsurance Company (Toa Re) and Barbican Insurance Group said on Oct. 27 that they have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement (SPA 6132) to be backed exclusively by Toa Re. 27 October 2017
Insurance
As London takes the first steps towards being able to issue its own ILS deals, Intelligent Insurer assesses the potential of the new ILS framework and discovers that some market participants are bullish about its ability to gain traction quickly. 25 October 2017
Insurance
Specialist insurer Beazley has appointed David Roberts to its board as a non-executive director. 25 October 2017
Insurance
Chancery Capital has hired Tobey Butcher as head of underwriting. He joins from Enyo Law. 25 October 2017
Insurance
Recent nat cat losses are an excellent opportunity for reinsurers to demonstrate their resilience, responsiveness and ability to pay claims, according to Ian Wicks, chairman of non-marine reinsurance, and Robert Wildbore, director, reinsurance, at Ed. 25 October 2017
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