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Marine insurer Skuld made a $6.5 million underwriting loss for the nine months to November 20, 2014, largely due to a series of substantial claims in the last three months of the period. 19 December 2014
Insurance
Torrent Technologies, a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has announced the availability of a new, automated private market primary flood insurance solution designed to be a cost-effective alternative to the NFIP. 13 May 2016
Insurance
Munich Re's departing CEO Nikolaus von Bomhard has admitted that he had not succeeded with all his plans during his time in charge, especially with struggling primary subsidiary Ergo. 15 March 2017
News
The world’s biggest reinsurer has suggested its profit for 2017 will be lower than in 2016 on the back of a challenging environment with combined ratios increasing and its reinsurance unit specifically contributing less to profits. But it has also forecast growth in its reinsurance business. 15 March 2017
Insurance
Pen Underwriting has promoted Jennifer Martin to managing director of financial lines, taking responsibility for UK and International business across the spectrum of e-traded, individually underwritten and delegated authority solutions. 27 January 2016
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
Insurance
Lancashire Holdings has reported a slide in its profit after tax for the first quarter of 2016, down to $28.3 million, compared to $5.7 million in the first quarter of 2015. 5 May 2016
Insurance
Marine insurer Skuld and the board of managing agency Asta Syndicate have appointed Mike Bennett as active underwriter on Syndicate 1897, following his interim appointment in early March. 13 May 2014
Insurance
The London Market Group has launched what is believes is the first market-wide survey designed to identify existing skill gaps and gain better insight into the talent requirements of the market of the future. 27 November 2015
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