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Insurance
A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately. 23 June 2017
Insurance
Hiscox has lured Hamayou Akbar, the former chief financial officer (CFO) of Prudential UK & Europe, into its ranks. 22 April 2016
Insurance
Local developments in China and India have primed both economies for substantial onshore capacity growth, according to a September 2017 Moody’s report covering reinsurance in Asia, China and India are Primed for Onshore Capacity Growth. 31 October 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) said on Oct. 30 that it has reached an agreement with ProSight Specialty Insurance (ProSight) to novate the management of Syndicate 1110 (S1110) to R&Q Managing Agency Limited (RQMA). 30 October 2017
Insurance
In the wake of what may be record levels of catastrophe losses in North America, demand for quota shares is on the rise, Jorg Bruniecki, head of global clients & broker management at PartnerRe, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat losses will lead to rate increases worldwide, and not only on the loss-affected accounts, Bob Mellor, head of international property at MS Amlin, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat events illustrate the value of post-event data collection and aggregation, Luzi Hitz, of PERILS, told Baden-Baden Today. 25 October 2017
Insurance
The continued soft market is the biggest concern during this renewals season, according to respondents to Intelligent Insurer’s Baden-Baden 2017 survey, a response that shows that despite the heavy losses in the US in recent months, negotiations in Europe may not involve rate increases to the extent some would like. 25 October 2017
Insurance
Reinsurers need to protect their margins, and prices need to reflect that in light of recent losses, Patrick Hartigan, leader of the treaty team at Beazley, told Baden-Baden Today. 25 October 2017
Insurance
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today. 25 October 2017
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