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CATCo chairman expects further rate declines at 2019 January renewals
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018
IGI expands 20% in H1
Insurance
International General Insurance Holdings (IGIH) grew gross premiums written by 20 percent year on year to $165.87 million in the first six months of 2018, driven by all major lines of business.   20 August 2018
Property claims weigh on HDI in H1
Insurance
Industrial lines insurer HDI Global has been impacted by numerous property claims in the first six months of 2018, leading to a decline in underwriting results.   20 August 2018
Insurance
Swiss Re is one of the main insurers for the Rome-based company Autostrade per l’Italia that operated the stretch of highway where the Morandi Bridge in Genoa collapsed, according to an Aug. 17 Reuters report.   20 August 2018
Insurance
S&P Global Ratings has revised its outlook to positive from stable on Argo Group US and its subsidiaries, reflecting the potential for further advancement in Argo's enterprise risk management (ERM) programme and progress in the company's strategic initiatives that result in improved underwriting earnings.   20 August 2018
Insurance
DL Dale & Others, syndicate 2525, a specialist employers' and third-party liability Lloyd's insurer, has appointed Nick Ryan as London market claims manager.   20 August 2018
Insurance
Continental Europe is ripe for an expansion of managing general agents (MGAs) and Ryan Specialty Group (RSG) is willing to take advantage of the growth potential for niche products in the region, Michael Rice, chairman and CEO of RSG Underwriting Managers (RSGUM), and Peter McKenna, CEO of RSG Europe, tell Intelligent Insurer.   17 August 2018
Insurance
Improved underwriting performance of the Dutch non-life business, private equity dividends at Netherlands Life and lower expenses have driven NN Group’s operating result up 25.6 percent year on year in the second quarter of 2018 to €508 million.   16 August 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer.   16 August 2018
Insurance
Brit Global Specialty USA (BGSU) has affirmed its commitment to the US Yacht market after media reports saying that Brit Global Speciality, Lloyd’s syndicate 2987, ended its yacht insurance business lines.   15 August 2018

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