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Some reinsurance buyers admit that they are leveraging the intense competition in the market at the moment to seek better rates – especially when placing plain catastrophe business. But most add that they are keen to maintain good relationships with the bigger reinsurers because of the other lines of business they have close relationships on. 11 March 2014
Insurance
Hiscox Group grew many areas of its business in the first nine-months of 2016, however, it anticipates that its London Market segment will shrink in 2017 as it reduces its participation on unprofitable lines of business. 7 November 2016
Insurance
Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK. 11 April 2017
Insurance
Montpelier Re and Endurance shareholders yesterday, June 30, 2015, voted in favour of merging the two companies. 1 July 2015
Insurance
The US domestic professional surplus lines (DPSL) insurers posted a combined ratio of 107.8 percent in 2016, its highest in 10 years excluding 2012 which was impacted by Superstorm Sandy, AM Best said in a Sept. 5 report. 5 September 2017
Insurance
The high level of negativity in the market flowing from concerns around soft rates, low investment returns and subsequent dwindling margins is, in fact, misplaced and ignores many positives the market should instead focus on. 13 September 2016
Insurance
Reinsurance remains a very attractive option for insurers in the current economic environment, especially because it is now so flexible, David Flandro, global head of JLT Re’s analytics division, told Monte Carlo Today. 13 September 2016
Insurance
The recent string of hurricanes and other events that have hit the re/insurance industry in the third quarter of 2017 have also provided it with the opportunity to step up and play its part, according to Brian Ingle, head of analytics at Willis Towers Watson (WTW). 16 October 2017
News
Consulting services firm MarshBerry has acquired the assets of Gill & Roeser, a New York City based boutique investment banking and reinsurance intermediary firm. 18 July 2014
Insurance
Canada Life’s reinsurance division has struck a deal with Dutch insurer Aegon to cover the longevity risk on a €6 billion portfolio of Dutch annuities. 17 August 2015
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