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AXIS Re, part of AXIS Capital, has poached a professional liability reinsurance specialist from Swiss Re.   24 August 2017
Lloyd's to write fac, non-proportional XoL treaty reinsurance from Brussels
Insurance
Specialist re/insurance market Lloyd’s of London has revealed that it will write facultative reinsurance and non-proportional excess of loss (XoL) treaty reinsurance on Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA.   30 October 2018
MGAs: riding the wave of popularity
Insurance
Managing general agents have been popular in the market recently, but what’s been driving this popularity? Intelligent Insurer speaks to a number of newly formed ventures to find out.   5 August 2019
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million).   6 July 2017
Insurance
The new international accounting standard for insurance contracts from 2021, IFRS 17, could temporarily increase the cost of capital for European insurers, Fitch Ratings said in a Jan. 26 note.   29 January 2018
Insurance
Fitch Ratings said July 7 that it has placed Gibraltar-based Elite Insurance Company’s Insurer Financial Strength (IFS) rating of 'BBB-' on Rating Watch Negative (RWN).   10 July 2017
Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region.   15 November 2017
Insurance
Incoming data suggest that growth momentum is largely holding up across the Latin American economy and the recovery remains firmly underway, according to data provider FocusEconomics.   15 November 2017
Insurance
Losses from natural catastrophes in the third quarter will likely wipe out global reinsurers' annual earnings and ultimately become a capital event for the sector, S&P Global Ratings said on Oct. 13.   16 October 2017
News
KKR, the US private equity firm which holds positions in several re/insurance companies including a 25 percent stake in Nephila Capital, has acquired majority ownership of Sedgwick Claims Management Services, a provider of claims and productivity management solutions largely to the insurance and risk management industries.   3 March 2014

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