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Insurance
British Insurance Brokers' Association (BIBA) and the International Underwriting Association of London (IUA) have set out their plans for the UK’s Ogden personal injury discount rate reform in response to a government consultation. 16 May 2017
Insurance
Insurance firm Starr Companies has appointed Danielle Wilson as head of management liability, and Robert McTaggart as head of professional indemnity. 16 May 2017
Insurance
Nirvana Risk Partners, an underwriting cell on Castel Underwriting Agencies' managing general agent (MGA) formation platform, has appointed Glenn Crickmar as underwriter to expand the team's specialist media, technology and cyber liability capabilities. 15 May 2017
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Gross written premiums (GWP) at Beazley shrank slightly in the first quarter as the company bemoaned a “very challenging” rating environment but there was good news on its specialty book which both grew and enjoyed rate increases. 11 May 2017
News
Reinsurance broker and consultant JLT Re has appointed Graham Barden and Jon Warner to its aviation team as partners, based in its London office. 11 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online. 11 May 2017
Insurance
The next few years will be vital in establishing London’s long-term relationship with emerging markets in Asia and Latin America, according to Dave Matcham, CEO of the International Underwriting Association (IUA). 10 May 2017
Insurance
The interconnectivity of devices and Internet of Things (IoT) can adversely impact insurers’ balance sheets and portfolios due to the nature of cyber risk aggregation. 10 May 2017
Insurance
An increasing reliance on technology and the interconnectivity of the IoT is resulting in new risks and aggregations of risk that keep insurance executives awake at night. Matt Webb, global group head of cyber at Hiscox, explains to Intelligent Insurer why understanding cyber aggregation risk is more vital than ever. 10 May 2017
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