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The UK Government’s Department for Transport has proposed legislation that aims to end the confusion as to who the blame falls with if an autonomous vehicle is involved in an accident. 10 February 2017
Insurance
Industrial insurance company HDI-Gerling has appointed Richard Mangion as director, finance and operations of its UK branch. 13 October 2015
Insurance
Ryan Specialty Group’s (RSG) ThinkRisk is expanding its converging risk programme and forming a new underwriting partnership. 19 May 2016
article
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly important to its future. Intelligent Insurer interviews and profiles a number of young executives who are tipped by their employers for success within the sector. 15 June 2021
Insurance
Rate increases and a benign loss environment combined to help specialty insurance provider Lancashire Holdings increase profits while growing gross premiums written in the first quarter of 2018 although its CEO warned that the demand-supply dynamic has not shifted sufficiently to bring about fundamental rate changes across the board. 3 May 2018
Insurance
A mix of further declining rates, low investment returns and unsustainable reserve releases could push the return on equity of the reinsurance sector below the cost of capital and trigger a rating review, according to S&P Global Ratings. 10 September 2017
Insurance
The increased regulatory burden that has been imposed on insurers in recent years, exacerbated by Solvency II, has continued to prompt many smaller players to convert from being fully fledged insurers to become managing general agents (MGAs). 10 September 2017
News
The Board of Directors of PartnerRe has announced that John Elkann, chairman and chief executive (CEO) of EXOR, has been appointed chairman of PartnerRe’s Board of Directors and that Emmanuel Clarke, president of PartnerRe, has been named president and CEO of PartnerRe. 24 March 2016
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
The Lloyd’s market has received approximately £3 billion of additional capital to restore capital resources to the level prior to the third quarter of 2017 loss events and to cover changes in capital requirements for 2018 underwriting. 19 December 2017
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