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Insurance
Specialty insurer Assurant has agreed acquired Green Tree Insurance Agency from Walter Investment Management for $125 million in cash to expand its housing value chain and voluntary insurance offerings. 6 January 2017
Insurance
Allied World Assurance Company has launched a new habitational and hospitality programme between Allied World North America and Walnut Advisory Corporation, a managing general underwriting office in New Jersey. 5 January 2017
Insurance
The fear factor of an impending and costly cyber attack is driving rapid growth in this market, according to a survey by specialist lines underwriting agency CFC Underwriting conducted at the 2016 Cyber Symposium in London. 5 January 2017
Insurance
Technology will continue to reshape the re/insurance industry in 2017 and the way companies embrace change will determine the winners and losers of the future, says Richard Clark, head of business development and specialist commercial at Xuber, part of CSC. 4 January 2017
Insurance
Inga Beale, the chief executive of Lloyd’s, has been made a dame in the UK’s New Year’s Honours List for her services to the economy. 3 January 2017
Insurance
Claims management firm Cunningham Lindsey has opened an office in Tokyo, and appointed Yutaka Tada to lead and manage the firms’ operations in Japan. 3 January 2017
Insurance
The higher levels of catastrophe losses in 2016 could represent something of a wake-up call for the re/insurance industry after a number of years of benign loss activity – especially against a backdrop of a continued soft market in most lines of business, according to a number of senior executives interviewed by Intelligent Insurer. 30 December 2016
Insurance
Assessing growth as a measurement of the success of a merger or acquisition is much harder than identifying whether cost-cutting and synergies have been delivered, according to Paul Schultz, CEO of Aon Securities, speaking to Intelligent Insurer on how the success—or failure—of such deals should be judged. 29 December 2016
Insurance
A soft market squeezing profitability in the insurance and reinsurance market is the biggest concern for executives, according to an online survey conducted among Intelligent Insurer readers. 28 December 2016
Insurance
As the re/insurance sector faces another year of soft pricing environment in 2017, market participants fear that large losses could significantly hit profits, which have been protected by the benign cat environment in recent years. 27 December 2016
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