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Despite a soft market, large European cedants have slowed down the pace at which they are buying reinsurance, according to AM Best. 20 March 2017
Insurance
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America. 17 March 2017
Insurance
While Munich Re is currently shrinking its share of traditional reinsurance business, due to the current soft market, it is also investing in technology to create alternative growth opportunities through the coverage of new risks and advisory for risk prevention. 16 March 2017
Insurance
Zurich has appointed Florence Tondu-Mélique as CEO of its French operations effective June 2017, subject to regulatory approval. 16 March 2017
Insurance
Harnessing "big data" is proving essential for insurers seeking to maintain and increase market share and profitability, Fitch Ratings says. 16 March 2017
Insurance
A primary UK legislation should be introduced for drones to ensure a framework on which insurers could base their products, according to the aviation committee of Lloyd’s Market Association (LMA). 16 March 2017
Insurance
UK-based general insurer RSA has appointed James Gearey as managing director (MD) for its Commercial Risk Solutions (CRS) unit with effect from June 2017. 16 March 2017
Insurance
The number of completed mergers and acquisitions (M&A) in the global insurance industry fell to 387 in 2016, 13 percent down from the 444 transactions recorded in 2015, according to a new report. 16 March 2017
Insurance
Significant flaws exist in in the formula used to calculate the risk margin under Solvency II and a fundamental review of its methodology and calibration is required, Willis Towers Watson has claimed in a response to a European Insurance and Occupational Pensions Authority (EIOPA) Discussion Paper on the upcoming review of Solvency II. 16 March 2017
Insurance
Munich Re's departing CEO Nikolaus von Bomhard has admitted that he had not succeeded with all his plans during his time in charge, especially with struggling primary subsidiary Ergo. 15 March 2017
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