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Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business. 16 September 2019
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 9 October 2019
Insurance
Specialist re/insurer Markel International has commenced writing business from its Mumbai office under the leadership of Deepika Mathur who has joined from HDFC Ergo. 5 October 2018
Alternative Risk Transfer
Broker Willis Towers Watson is integrating its insurance linked securities (ILS) business into its reinsurance unit Willis Re. 4 May 2018
Insurance
Losses to the insurance industry are the highest ever for bushfires for seven consecutive days. 17 February 2020
Insurance
Speciality re/insurer Brit has hired the former chief underwriting officer of IFG to launch a new general liability team for Brit Global Specialty USA. 11 May 2015
Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD Insurance Group Holdings (MS&AD) for a further investment of £315 million into ReAssure, Swiss Re's UK closed life book consolidator. 20 December 2018
Insurance
Claims is that one moment of truth between insurer and customer that has the potential to build a lifetime of loyalty or guarantee churn come renewal time. John Bailey, international solutions consulting manager for Blue Prism, discusses why some insurers find it difficult to deliver a timely, seamless experience to customers and how automation can relieve the burden of unnecessary admin to help the organisation’s people unleash their creativity and empathy. 18 June 2021
News
US-based global insurance distributor AmWINS Group has announced it has secured backing from Berkshire Hathaway International Insurance for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. 29 March 2016
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