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Insurance
There is genuine resolve on the part of casualty reinsurers not just to draw the line, but to push back on rates, Simon Bird, head of casualty treaty at Brit Global Specialty, told Baden-Baden Today. 25 October 2016
Insurance
AM Best is about to change its methodology, yet most brokers and reinsurers seem to be ignoring what is either a potential opportunity or an impending crisis, as Peter Hughes, founding director at Litmus Analysis, explains. 25 October 2016
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today. 25 October 2016
Insurance
Xceedance, a provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market. 25 October 2016
Insurance
Lloyd’s has granted Blenheim Syndicate 5886 permission to underwrite for the 2017 year of account. 25 October 2016
Insurance
Lloyd’s insurer ArgoGlobal has appointed Zahida Rasool as specialty wordings manager. 25 October 2016
Insurance
Overcapacity in the industry is a red herring—the real issue is one of underinsurance, writes John Holm, executive, MGA Investments at Asta Underwriting Management. 24 October 2016
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
Insurance
There will be less talk of rate reductions in Baden-Baden this week as buyers and brokers have both accepted that further reductions will not help the market, Geoffrey Peach, executive vice president of TransRe Europe and chief executive of TransRe London, told Baden-Baden Today. 24 October 2016
Insurance
US re/insurers mulling a launch in the UK or Europe are stuck in limbo thanks to the uncertainty created by the UK’s vote to the leave the EU and the impasse before negotiations even start, Andrea Best, partner at law firm Drinker, Biddle and Reath, told PCI Today. 24 October 2016
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