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Liberty Mutual has agreed to acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 5 December 2016
Insurance
The UK regulatory should be wary of deviating too far from Solvency II in the way it regulates UK insurers, despite having the potential flexibility to do so following its exit from the European Union, S&P Global Ratings has warned. 5 December 2016
Insurance
Bermuda-based Endurance Specialty Holdings has hired senior executives from Axis and Swiss Re to help it launch a new excess casualty product for commercial transportation clients. 1 December 2016
Insurance
Insurance broker Alan Boswell has acquired S-Tech Insurance Services, an information provider of guidance on insurance to both businesses and individuals. 28 November 2016
Insurance
European insurers are modifying their product structures to take account of lower rate expectations, according to a report from S&P Global Ratings. 28 November 2016
Insurance
S&P Global Ratings has revised its outlook on Deutsche Rueckversicherung Group from negative to stable. Furthermore, the ratings agency has affirmed Deutsche Rück’s long-term insurer financial strength to ‘A+’. 28 November 2016
Insurance
The competitive landscape for reinsurance in China and India are changing significantly through the introduction of a new regulatory regime and the liberalisation of the market, said S&P Global Ratings. 24 November 2016
Insurance
While technology start-ups have the potential to provide very valuable information about customers, insurance companies are in better position to turn this data into a competitive advantage, according to a report from S&P Global Ratings. 23 November 2016
Insurance
The Rockhill Insurance Group, a member of the State Auto Insurance Group, has introduced an excess and surplus (E&S) property unit, a catastrophe wind and all other peril (AOP) facility focused primarily on coastal risks. 22 November 2016
Insurance
CFC, a specialist lines underwriting agency, has launched a new kidnap and ransom (K&R) offering backed by a consortium of Lloyd’s syndicates and which includes access to an incident response hotline. 22 November 2016
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