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Insurance
One of the outcomes of the increased regulatory burden that has been imposed on insurers in recent years, exacerbated by Solvency II, has been the forcing of smaller insurers to consider either converting into agencies, thus avoiding a big part of the burden, or selling out to bigger players. 12 September 2016
Insurance
PwC estimates the overall size of the European non-life discontinued business market remains flat at just under €250 billion ($281 billion). But a survey of market participants shows they expect strong growth in the coming years. 12 September 2016
Insurance
While cyber risk holds great growth potential for the industry, insurers lack knowledge on how to manage this risk. Willis Re is looking to help put this right, John Cavanagh, chief executive officer of Willis Re, told Monte Carlo Today. 12 September 2016
Insurance
Overall trends in the global reinsurance market remain negative as the result of a combination of global socioeconomic factors, according to rating agency A.M. Best. 12 September 2016
Insurance
The Lloyd’s market is facing difficult times and a big loss would push a number of players, many of which already have combined ratios close to 100 percent, into loss-making territory, according to Darren Doherty, chief executive officer of Pioneer. 12 September 2016
Alternative Risk Transfer
Specialist insurance-liked securities (ILS) firm Vario Partners has revealed that Michael Watson will join the partnership in a non-executive capacity. 11 September 2016
Insurance
Litmus Analysis has hired Tom Gleis, a former managing director with Guy Carpenter, as head of market development. 11 September 2016
Insurance
While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports. 10 September 2016
Insurance
The demand for cyber insurance is growing fast, and companies are increasingly seeking a bespoke solution that matches the specific needs of their industry. Jamie Bouloux, the chief executive officer of EmergIn Risk, part of RSG Underwriting Managers Europe Limited (RSGUM Europe), explains to Intelligent Insurer how his firm is offering just that. 10 September 2016
Insurance
Modernisation and digitisation have long been on the agenda of the London Market—but progress has been painfully slow. Now, a variety of factors are converging to make change perhaps still painful, but at least more likely to be achieved. 10 September 2016
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