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As cyber risk increases and Europe heads towards a change in legislation surrounding data breaches, Intelligent Insurer asks why now is the right time for the industry to invest in this specialist market. 19 November 2013
Reinsurance
As capacity available to cover peak US catastrophe risks reaches saturation point, many believe that alternative capacity will increasingly allow the industry to take on different risks—some of which have traditionally been covered by governments. 19 November 2013
Insurance
Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. 15 November 2013
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Innovation will be critical to success in the Latin American markets going forward and this theme will also be central to discussions at FIDES 2013, according to David Frediani, president of Ironshore International. He added that improvements in data analysis and modelling will be central to innovation in the region. 13 November 2013
Reinsurance
It enjoyed a low profile for a long time, but as it hits $9 billion in capital under management, Nephila Capital has become a big player in reinsurance and, as the debate over the long-term effect of so-called alternative capital rages, it is keen to ensure it is not misunderstood, co-founder Frank Majors tells Intelligent Insurer. 12 November 2013
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AEGIS London has added two to its terrorism and aviation war account with the aim of increasing its underwriting footprint in the market. 11 November 2013
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Allied World Europe has launched a new Marine insurance line of business. Bart Grefe has been appointed vice president, marine underwriting manager, to lead the team. 7 November 2013
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Jardine Lloyd Thompson Group (JLT) has invested in a significant shareholding in Insure Direct (Brokers), a Dubai-based insurance broker and employee benefits advisor. 6 November 2013
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Jardine Lloyd Thompson Group (JLT) has formally launched JLT Towers Re, following its acquisition of Towers Watson's reinsurance broking business. 6 November 2013
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Jardine Lloyd Thompson Group (JLT) has agreed to acquire Independent Risk Solutions (IRS), a marine specialty broker based in the Netherlands, from Brokerage World Solutions (BWS). The deal is subject to regulatory approval. 4 November 2013
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