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Munich Re posts €1.4bn loss for Q3
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery.   9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America.   9 November 2017
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has entered the agricultural sector as part of its strategy to provide a growing range of specialist sector-based products for the UK small and medium enterprises market.   13 July 2015
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region.   29 June 2017
Insurance
QBE North America has appointed Daniel Franzetti as chief claims officer (CCO).   17 February 2016
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers.   12 November 2018
Insurance
The uptake of cyber insurance by UK small and medium enterprises (SMEs) has grown significantly in recent years but coverage remains low compared to other commercial products, according to research and consulting firm GlobalData.   23 March 2017
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients.   20 May 2014
Insurance
AmTrust Financial Services has posted a prior year adverse reserve development of $326.9 million on a pre-tax basis for the third quarter ended September 30, 2017.   7 November 2017
Insurance
Tractable, a London-based start-up offering an automated audit claims product, is now launching in Europe, following a partnership with North America.   31 January 2017

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