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Telematics helps drive UK car insurance prices down 9.1%
Insurance
Car insurance premium cuts are speeding up and have dropped 9.1 percent year on year to an average £766 in the UK with black box technology – so-called telematics – helping to drive the fall in prices, analysis from Consumer Intelligence shows.   27 September 2018
Insurance
Swiss Re has signed a reinsurance agreement with Bansabadell Vida, the life joint venture of Zurich Insurance and Spanish banking group Banc Sabadell, to reinsure its individual life risk portfolio for an amount of €683.7 million, as a reinsurance commission.   25 July 2017
Insurance
Lloyd's underwriting syndicate DTW1991, which was established by Randall & Quilter Managing Agency (R&Q) in January 2013, has appointed John Cowell as senior underwriter, and Ed Colville as underwriter in its UK and international underwriting team.   25 July 2017
Insurance
Risk modelling and data analytics firm RMS has appointed former Munich Re executive Ludger Arnoldussen to strengthen its position in the European market, Germany in particular.   23 October 2017
Insurance
Although the German motor insurance market has seen a hard cycle of rising prices since 2011, it does not expect to see a rapid return to a soft cycle, S&P Global Ratings has said in a report.   20 December 2016
Insurance
Broker Willis Towers Watson said on Aug. 21 that Michael Burwell has become its new chief financial officer (CFO).   21 August 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia.   13 October 2017
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks.   25 April 2018
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11.   12 April 2017
Insurance
Lloyd's coverholder Pulse Insurance, a specialist provider of non-standard and impaired life cover, has launched its new specialty unit in London.   17 August 2017

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