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Insurance intermediary KIRS Group priced its offering of £400 million in aggregate principal amount of 8.375 percent Senior Secured Notes due 2023 and $520 million in aggregate principal amount of 8.625 percent Senior Secured Notes due 2023. 7 June 2017
Insurance
The London Market Group (LMG) has launched a campaign to promote London as the world’s insurance hub. It is aiming to provide buyers with a clear case for coming to London for solutions to the risks they face. 25 October 2017
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Italian insurance company Generali experienced its best profit in eight years in 2015, posting a net income of €2.03 billion, up 21.6 percent from a net income of €1.67 billion in 2014. 18 March 2016
Insurance
The Association of British Insurers (ABI) has become embroiled in a row with British Airways (BA) over who should foot what could be a hefty bill relating to compensation resulting from the airline’s recent computer systems outage, which affected 75,000 passengers. 5 June 2017
Insurance
The former operations director at Ageas (Kwik Fit Insurance) Alan Brown has joined Consumer Intelligence, a Bristol-based market research agency that focuses on the insurance and banking sectors. 5 June 2017
Insurance
The idea that Solvency II will remove market demand to see ratings has been dismissed by Litmus Analysis, the consultancy that helps insurers and reinsurers better understand and manage their relationships with ratings agencies. 11 September 2016
Insurance
The end of the long soft market will be music to the ears of many but one industry veteran sounds a note of caution for MGAs. Intelligent Insurer looks at what changing market conditions mean for these specialists. 21 February 2020
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has acquired two captive insurance firms, Linco and ICDC, both of which are in run-off. 22 March 2017
Insurance
Switzerland-based Zurich Insurance Group has booked a charge of $289 million as a result of the UK’s decision to change the Ogden personal injury discount rate. 11 May 2017
Insurance
London-based Barbican Insurance Group has appointed Jacqueline Wiffen as a class underwriter for upstream energy. She will report to Olivier Decombes, divisional head of energy, power and utilities. 10 May 2017
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