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Hong Kong-based Peak Re is able to grow profitably in the current soft market because its lean cost structure allows it to be more competitive on pricing, head of underwriting Lawrence Cheng, told Intelligent Insurer. 10 March 2017
Insurance
Fitch Ratings has revised its sector outlook for the UK non-life company insurance market to negative from stable after a harsh drop in the personal injury Ogden discount rate. 9 March 2017
Insurance
Profits at UK insurer Aviva where hit hard by a £380 million after-tax charge due to the reduction in the Ogden discount rate, the mechanism insurers use to calculate future losses in personal injury and accident cases. But the company stressed that its overall performance was very positive. 9 March 2017
Insurance
Hong Kong is losing re/insurance business particularly to Singapore and hopes for growth in ILS (insurance-linked securities). 8 March 2017
Insurance
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Martin Eyres as underwriting director. 8 March 2017
Insurance
Insurance Europe, a lobby group, has responded to a European Insurance and Occupational Pensions Authority (EIOPA) discussion paper on the upcoming review of Solvency II, where it raised a range of concerns and proposed ways to address them. 8 March 2017
Insurance
Insurance product and service provider Alliant Insurance has appointed Louisiana-based marine specialist Jan Nowak as first vice president to strengthen its energy and marine group. 7 March 2017
Insurance
Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has appointed David Thomas as a senior underwriter based in London covering its property owners portfolio. 6 March 2017
Insurance
Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18. 6 March 2017
Insurance
In what has been a frantic period of M&A activity for insurers and reinsurers in recent years, companies from China and Japan have played a prominent role. As they seek overseas growth for very different reasons, Intelligent Insurer explores what is driving these aggressive acquisition strategies and the cultural challenges that will gradually emerge. 6 March 2017
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