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AmTrust at Lloyd’s eyes growth in North America with hire
Insurance
There are lucrative opportunities in the North American property-catastrophe treaty sector, which Lucy Forcey, senior underwriter for AmTrust at Lloyd’s (ATL) Syndicate 1861, plans to take advantage of.   30 October 2018
AM Best develops criteria to assess innovation in insurers
Insurance
The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday.   30 October 2018
Duperreault calls for ILS to cover threat from cyber
Alternative Risk Transfer
Brian Duperreault, the chief executive officer of AIG, has called for insurance linked-securities (ILS) to help cover the growing challenge of cyber risk, at the official opening event of the 15th Singapore International Reinsurance Conference, noting that Asia has more cyber attacks than any other region.   29 October 2018
Insurance
The underwriting performance of motor insurers in China has been further polarised since the introduction of motor de-tariffication in 2016, which is transforming the market, Christie Lee, director and head of analytics for North East Asia at AM Best, told SIRC Today.   29 October 2018
Insurance
The quality of data in Asia-Pacific is gradually improving although this varies from market to market, and there is still some way to go, Darryl Pidcock, head of PERILS Asia-Pacific, told SIRC Today.   29 October 2018
Alternative Risk Transfer
There is an oversupply of capacity in the Asia-Pacific region, which is driven in part by the success of Singapore as a regional reinsurance hub, according to Nick Orton, senior international treaty underwriter at Hiscox Re & ILS.   29 October 2018
Insurance
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, has launched a new reinsurance branch in India to capitalise on opportunities in what it calls one of the fastest emerging re/insurance markets, while expanding its business in Asia Pacific.   21 January 2019
Insurance
Hamilton Insurance is eyeing opportunities in the US small commercial market. This generates some $150 billion in premiums but, as a fragmented market with no dominant players, it is ripe for transformation, according to Pina Albo, chief executive of Hamilton Insurance Group.   28 October 2018
Insurance
Parts of the US commercial insurance market are archaic and ripe for technology-driven change, with many players keen to embrace anything that makes their businesses more cost-efficient, Jason Keck, chief executive officer and co-founder of insurtech startup Broker Buddha, told PCI Today.   28 October 2018
Insurance
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector.   23 April 2018

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