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Fleming Family & Partners (FF&P) may divest its 38 percent stake in Lloyd’s broker RFIB, ending a seven year investment in the firm. 4 September 2014
Insurance
The ‘counterfactual analysis of historical events’—scenarios that could have happened but have not—is an important tool not only for the assessment of uncertainty and disaster preparedness, but also for catastrophe insurance risk management, such as the estimation of the probable maximum loss. 10 September 2017
Insurance
Chubb’s net income for the second quarter of 2017 came to $1.3 billion, a 79.6 percent increase on the $726 million it made in the same period of 2016. 26 July 2017
Insurance
2016 has again been a benign year in terms of large catastrophe losses, but geopolitical developments have added new challenges to the sector. Intelligent Insurer asked executives from re/insurance firms including Swiss Re, Argo, AM Best and Willis Re for their opinions on the most important developments in the re/insurance industry in 2016. 21 December 2016
Insurance
Re/insurers face a race against time to assess their potential exposures to the so-called Panama Papers, the high profile data breach at Panama law firm Mossack Fonseca, which has resulted in numerous high profile individuals being accused of tax avoidance, a legal adviser to the industry has warned. 14 April 2016
Insurance
Brit, a speciality re/insurer, has made a strategic investment in Camargue Underwriting Managers, a provider of specialised insurance products across the South African market. 25 July 2016
Insurance
While the results as reported by reinsurers show a declining trend, the underlying results, taking into account average cat losses, show how tight profitability in the sector really is, according to the most recent Reinsurance Market Report by Willis Re. 21 April 2017
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016. 24 July 2017
Insurance
JLT Specialty Insurance Services, the US subsidiary of Jardine Lloyd Thompson Group, has acquired part of the energy business of Alliant Insurance Services – a unit that focuses on larger and more complex major and international accounts. 7 November 2014
News
Some reinsurers are offering an increasingly varied array of innovative products and structures to cedants as they attempt to differentiate themselves in a crowded and competitive marketplace. 15 September 2014
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