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An unexpected change in the personal injury discount rate in the UK in the middle of the reporting season has required insurers delay and adjust their financial reports in 2017. 29 December 2017
Insurance
While the frequency of workers’ compensation claims in the US is expected to decrease further in 2013, in line with current trends, their severity and overall cost to insurers will rise, according to a report by Aon Risk Solutions. 19 December 2012
Insurance
While underlying economic conditions affect the marine market in certain Asian territories, players in the region are also seeing evidence of a decline in ship-building activity, Simon Saunders, division head, marine, aviation and transport for Barbican Insurance Group, told EAIC Today. 10 October 2016
Insurance
The US National Flood Insurance Program (NFIP) is in need of a significant overhaul which should include an expanded coverage, updated flood maps and higher rates, according to experts speaking to Intelligent Insurer. 29 September 2017
Insurance
NexAssure Management, a third party administrator, has appointed Brian Ong as the operations director in Malaysia. 22 December 2015
News
Despite recent losses, buyers seem to retain the upper hand in negotiations as we move into the renewals. On this basis, some are taking the opportunity to fine-tune their reinsurance programmes; others are even seeking rate decreases—Intelligent Insurer spoke to four of them for their take on the state of negotiations. 5 November 2018
Insurance
The Middle East is still the largest producer of oil in the world, but it’s also an area that’s starting to look at a more diversified economy. Intelligent Insurer looks beyond the black gold. 20 July 2016
Insurance
Niche venture capital provider BP Marsh has acquired a 20 percent stake in South African Property And Liability Underwriting Managers (PLUM) for £300,000. 3 July 2015
Insurance
Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has entered into a definitive agreement to become the majority investor in Wellington Insurance Group, a Texas-based risk distribution business specialising in the delivery and administration of residential property insurance. 21 January 2016
Insurance
Insurance Europe slams European Commission for ignoring advice on European Services e-card proposals
Insurance Europe, the European insurance and reinsurance federation, has accused the European Commission of working from incorrect assumptions and ignoring the advice of Insurance Europe in its legislative proposal for a European Services e-card. 13 January 2017
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