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Insurance
The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
Insurance
The Lloyd's Market Association (LMA) has announced its plan to establish a claims expert management hub for Lloyd's carriers. 28 June 2017
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has launched a Dublin-based subsidiary to write international specialty re/insurance business, after receiving approval from the Central Bank of Ireland. 21 June 2017
Reinsurance
Top executives from reinsurance broker Miller, CEO Greg Collins and executive chairman Ken MacDonald, outlined the reasons behind its recent acquisition by Cinven and GIC, and how this will support its plans for expansion. 1 December 2020
Insurance
Mapfre Global Risks (MGR), a Mapfre unit providing insurance solutions for multinationals, said on Sept. 14 that it is moving into the London aviation market. 14 September 2017
Insurance
The Hartford, a US-based property/casualty insurance firm, has appointed Morris Tooker as the head of its middle market segment that offers multiline commercial insurance coverages for midsize and larger businesses. 31 March 2017
News
Unnecessary interference by governments is the biggest threat facing managing general agents, and the wider insurance sector. 9 February 2012
Insurance
Chubb’s net profits soared in the third quarter reaching $1.2 billion in the period compared with a net loss of $70 million in the same period a year earlier, when it was hit by multiple natural catastrophes. Its combined ratio for the period was 90.9 percent compared with 110.8 percent in the same period a year earlier. 24 October 2018
Insurance
Macro sector trends such as rising yields and claims inflation will form the background for the next phase the re/insurance markets will enter, David Flandro, global head of analytics at JLT Re, told Baden-Baden Today. 24 October 2018
Insurance
French reinsurer SCOR improved risk-adjusted pricing by 3 percent at the January 2018 renewals compared to 2017. 8 February 2018
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