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The UK government needs to continue working on insurance issues such as whiplash reforms and the discount rate review despite the distraction caused by Brexit negotiations, law firm Clyde & Co has warned. 12 June 2017
Insurance
The UK’s Lord Chancellor David Lidington has proposed to change the setting of the personal injury Ogden discount rate to set by reference to “low risk” rather than “very low risk” investments as at present, better reflecting evidence of the actual investment habits of claimants. 7 September 2017
Insurance
Chubb has appointed Gilbert Flepp, formerly cyber risks manager (First Party) for Continental Europe, to the role of head of construction, Powergen and cyber risk for Africa, as it continues to build its insurance capabilities in the Eurasia & Africa region. 17 May 2016
Insurance
Lloyd’s specialist underwriter White Oak Underwriting Agency (WOUA) has appointed Patricia Watling as jewellery and fine arts underwriter as it launches a specialist fine art, classic car and general specie capacity aimed at both the private and commercial markets. 18 February 2014
Insurance
AM Best has assigned a financial strength rating of A+ (Superior) to property/casualty firm WR Berkley Europe. The outlook of the rating is stable. 3 November 2015
Insurance
In yesterday’s newsletter we published the results of a survey of PCI delegates conducted ahead of the conference. Luke Roden, head of ceded re & global head of catastrophe at Qatar Re, now answers those same questions in more detail. 24 October 2016
Insurance
Enstar, a Bermuda-based holding company focussed on acquiring re/insurance companies in run-off, experienced substantial growth in the second quarter of 2016, largely attributed to acquisitions and reinsurance transactions it has made in the last year. 8 August 2016
Insurance
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
Insurance
UK motorists are expected to be hit with price rises to their insurance policies in 2017 for the third year running, according to EY’s bi-annual UK motor insurance results seminar. 22 November 2016
Insurance
Cyber and IT-related risks have emerged as the top concerns for members, according to the latest Airmic survey. It is also the area where risk managers most want to see the insurance industry extend its offering. 11 June 2018
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