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Personal lines and health issues offer future insurance growth opportunities in the Romanian market, according to Renato Szilagyi, vice chairman of City Insurance, which is based in the country. 21 October 2019
Insurance
Changes to the rate used in the UK to calculate how much insurers should pay out in compensation to people who have suffered life-changing injuries will continue to have an impact on rates in the upcoming renewal, Simon Wigzell, underwriting manager of UnipolRe, told Baden-Baden Today. 21 October 2019
Insurance
Arch Mortgage Insurance Company (Arch MI) has obtained $577 million of indemnity reinsurance on a pool representing $7.2 billion of mortgages from Bellemeade Re 2019-4, a special purpose reinsurer. The reinsurance is for a portfolio of MI policies linked to 113,180 loans issued by Arch MI and affiliates in 2019. 21 October 2019
Insurance
Is the re/insurance sector ready for Industry 4.0? Marcus Schmalbach, Ryskex, asked the question and provided some answers for Baden-Baden Today. 21 October 2019
Insurance
CRESTA has updated all 4,901 low-resolution and 242,172 high-resolution CRESTA zones for the 137 countries it covers, following consultation with the industry. 21 October 2019
Insurance
Bermuda-based Maiden Reinsurance, the principal operating subsidiary of Maiden Holdings, has submitted filings to re-domesticate from Bermuda to the US state of Vermont. 21 October 2019
Insurance
AM Best has called on European re/insurers to demonstrate underwriting discipline and a continued improvement in rates and terms in 2020. 21 October 2019
Insurance
Hiscox is developing a broad parametric product offering to help narrow the protection gap, according to Daniel Vestergren, Hiscox Re’s chair of international business. 21 October 2019
Insurance
With the renewals season ahead and the final Brexit outcome still uncertain, Aon’s Jan-Oliver Thofern, chief executive officer of Reinsurance Solutions Germany, said he “doesn’t expect any significant disruption for reinsurance in Germany”. 21 October 2019
Insurance
Adequacy is the biggest challenge facing the reinsurance industry, according to Andy Hottinger, president of EMEA and LatAm at AXIS Re. 21 October 2019
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