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Alternative Risk Transfer
Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year. 2 June 2017
Insurance
ArgoGlobal, a Lloyd's insurer and member of Argo Group, has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia. 5 March 2018
Insurance
Charles Taylor InsureTech has strengthened its leadership team with the appointment of Tom Crapper as practice director, delegated authority, and Laurence King as practice director, general insurance. 30 November 2017
Insurance
Re/insurance sector rating agency AM Best is establishing a new office in Amsterdam, the Netherlands, during 2018 as part of its Brexit contingency plan. 1 March 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'. 5 September 2018
Insurance
US investor Calamos Family Partners (CFP) filed a lawsuit in the US against Dutch EXIN Financial Services Holdings for defaulting on loans, according to an emailed statement, putting in doubt the planned acquisition of National Bank of Greece’s insurance unit, according to a Feb. 7 Reuters report. 7 February 2018
Insurance
The natural catastrophe losses of 2017 revealed some “surprising” disparities in reinsurers' exposures and their estimated return periods, according to a new report by S&P called ‘Are Global Reinsurers Ready For Another Year Of Active Natural Catastrophes?’ 26 July 2018
Insurance
UK motor insurers have voted for MIB (Motor Insurers’ Bureau) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. 23 July 2018
Insurance
The average fine per prosecution brought by the UK government-sponsored Environment Agency (EA) against companies has increased six-fold in the last five years, according to research from global law firm Clyde & Co. 23 July 2018
Insurance
Insurance firms in the Americas region will continue to “dominate” global M&A activity despite a predicted drop in deal-making for the first half of 2019, a report from law firm Clyde & Co has said. 4 March 2019
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