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Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
Insurance
The major losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes will not only impact the results of insurers and reinsurers for this year, but highlight other non-cat lines of business that have been underperforming or that are price-challenged. 25 October 2017
Insurance
Cyber modelling will move from testing portfolios against certain risk scenarios to including probability of occurrence in Europe, Yörn Tatge, senior vice president AIR Worldwide, told Baden-Baden Today. 25 October 2017
Insurance
New Zealand's Commerce Commission has declined to grant clearance to Suncorp subsidiary Vero Insurance to acquire up to 100 percent of the shares in general insurer Tower. 26 July 2017
Insurance
Insurance broker Marsh has made several chances to its global management structure, including new appointments to its executive management team and new divisions. 7 September 2017
Insurance
Allied World Europe, part of Allied World Assurance Company, has hired the aviation underwriting team of Markel Europe and acquired the renewal rights to a book of aviation business written by Markel Europe and its Lloyd's Syndicate 1400. 3 October 2013
Insurance
Increases in loss and loss adjustment expenses, driven by cat losses and higher fire and weather related losses as well as lower average premiums have driven down United Insurance Holdings’ (UPC Insurance) full year results. 21 February 2017
Insurance
A combination of new entrants and more capacity committed by existing players has contributed to increased competition and pressure on rates in the upstream energy market, according to broker JLT. 21 May 2014
Insurance
XL Catlin’s insurance operations has promoted Paul Rothery to the position of regional product leader for marine liabilities and ports in Europe and Latin America. 4 October 2016
Insurance
The US workers’ compensation market remains profitable for insurers, but pricing pressure on rates will inevitably erode performance, according to a report by Fitch Ratings. 30 October 2018
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