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Lloyd’s profitability review could act as a catalyst to turn rates in the marine market—but larger insurers not part of the market could find it harder to achieve rate increases because of wider client relationships, Adrian Poxon, head of global specialty reinsurance, Sompo International, told Baden-Baden Today. 22 October 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has promoted James Boyce to deputy CEO, global specialties. 6 September 2017
Insurance
Specialist re/insurance broker BMS Group has launched a new European venture, BMS Iberia, under former Marsh Spain and Aon executives. 6 September 2017
Insurance
New York-based insurance holding company AmTrust Financial Services has appointed Daniel Hickey as executive vice president of business strategy and business development. 19 July 2017
Insurance
Improving rates in the US primary insurance P&C market mean opportunities for quota share reinsurers to review and reduce their cede commissions to align them to achieve profitable results, Shevawn Barder of AM Re tells Intelligent Insurer. 3 September 2019
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Just shy of eight years old, RSG Underwriting Managers now has 80 lines of business and more than 250 specialty underwriters. Intelligent Insurer speaks to chairman and CEO Mike Rice and COO Miles Wuller about the principles behind RSGUM’s rapid rise and what the future holds. 6 June 2018
Insurance
The International Association of Claim Professionals (IACP), a body for insurance claims executives, announced five of its key officers and directors for a one-year term. 17 October 2016
News
New solvency regulations coming into force in many Latin American countries will drive appetite for reinsurance, but the challenges of soft rates, slow GDP growth and economic volatility remain, Ingrid Carlou, chief executive of Patria Re, told Monte Carlo Today. 13 September 2015
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