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The Lloyd’s Market Association (LMA) and Association of British Insurers (ABI) have called for a major overhaul to the way personal injury discount rate is set, citing the existing framework as "fundamentally flawed". 12 May 2017
Insurance
Lloyd’s insurer Novae has strengthened its cyber team with three appointments. 13 September 2016
Insurance
Specialty re/insurer Canopius has partnered with artificial intelligence (AI) and deep-learning property analytics start-up Arturo. 13 August 2019
Insurance
AXA Group has unveiled a new operating model under which the company will be organised based on five geographies (France, Europe, the US, Asia, and International), and a single, refocused corporate center. 13 November 2017
Insurance
A palpable change is taking place in the narrative around technology in the insurance industry. “The question is no longer ‘why do we need technology?’ but instead ‘how do we fully utilise technology?’,” Peter Clarke, founder and managing director of Insurercore, a digital market directory for the insurance industry, told Monte Carlo Today. 8 September 2019
Insurance
The insurance industry has the worst communicators in the financial services sector and the industry risks becoming irrelevant if it continues to look to the past instead of the future, Stephen Catlin, the founder and former CEO of Catlin Group, has claimed in a new book. 4 July 2017
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
Specialty re/insurer Brit has appointed James Drew as head of outwards reinsurance, based in London. 21 May 2019
Insurance
UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market. 25 March 2019
Insurance
Insurers based in the UK are creating new entities in the EU to ensure access to the market after Brexit, but the move is set to involve low numbers of staff, Standard & Poor’s suggested in a May 16 briefing in London. 17 May 2017
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