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Insurance
Despite many changes that have modernised the insurance industry over the past 30 years, ratings, on average, have declined during that period Standard & Poor's (S&P) has revealed in a report that also stresses its caution on the industry’s prospects. 2 June 2014
Insurance
The Dublin-based subsidiary of Chaucer, an insurance group underwriting at Lloyd's, is to establish a branch in London to write a range of international specialty insurance and reinsurance business. 5 September 2017
Insurance
Speciality insurer Chaucer has taken its first steps into the world of third party capital by forming its first reinsurance sidecar, formed to provide collateralized capacity for Chaucer Syndicate 1084’s global reinsurance portfolio in 2018. 21 December 2017
Insurance
Average global insurance pricing increased for the first time in the fourth quarter of 2017 since Q1 2013, according to Marsh’s Global Insurance Market Index. It said this was mainly driven largely by global property insurance pricing boosted on the back of large catastrophe losses in the third quarter. 28 February 2018
Insurance
Allianz has benefited from better underwriting result in the first quarter of 2018 in property/casualty (P&C) but investment income mostly offset this improvement. 15 May 2018
Insurance
US Risk Insurance Group, the sixth largest managing general agency and surplus lines wholesaler in the nation, has appointed Keith Doan as vice president for its Dallas office. 17 November 2014
News
Munich Re has reported a loss in its property/casualty reinsurance unit of €476 million due to high levels of natural catastrophes. 15 March 2018
Insurance
The US congress has passed a short-term extension to the National Flood Insurance Program (NFIP) until July 31. 26 March 2018
Insurance
Broker Willis Towers Watson has appointed Simon Weaver as the leader of corporate risk & broking (CRB) for Asia and Australasia to accelerate growth in the region. 26 March 2018
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018. 15 December 2017
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