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Insurance
Financial Conduct Authority crackdown could hit profits for UK motor and home insurers, finds Fitch
Fitch Ratings has warned that UK motor and home insurers could see a drop in profits next year as the regulator, the Financial Conduct Authority (FCA), moves to end high prices for customers who do not shop around for a better deal.   8 October 2019
Insurance
The Hanover enhances cyber coverage to tackle complex exposures
The Hanover Insurance Group has launched a new stand-alone, non-admitted cyber offering for commercial lines agents and their clients.   8 October 2019
Insurance
MGA Hive Aero appoints aviation analyst
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has hired Mark Shurville as aviation analyst.   8 October 2019
Insurance
Aston Lark makes key hire to drive future growth strategy under Goldman Sachs
UK insurance broker Aston Lark has appointed Andrew Scola to its executive leadership team in the newly created role of group chief technology and operating officer.   8 October 2019
Insurance
Low interest rates bigger worry for insurers than no-deal Brexit: S&P
Prolonged lower interest are rates a bigger worry than Brexit for insurers.   8 October 2019
Insurance
Insurance industry gathers to help counter the threat of terrorism
Some 200 re/insurance professionals will gather in Brussels this week to share their insights on terrorism, and help mitigate its effects.   7 October 2019
Insurance
US life insurers strong but wave of credit downgrades could be a worry: Moody’s
US life insurers are financially robust, but a large number of credit downgrades could reduce their capital strength.   7 October 2019
Insurance
DWF appoints Paweł Stykowski as partner and head of insurance in Warsaw
Paweł Stykowski has left law firm Wierzbowski Eversheds Sutherland (WES) to take up the role of local partner and head of insurance at DWF in Warsaw, Poland.   7 October 2019
Insurance
Insurtech Gradient AI secures $6m Series A funding from MassMutual, Forte and Sandbox
Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures.   7 October 2019
Insurance
No-deal Brexit likely to impact insurers’ ratings less than other sectors: S&P
UK insurers will not be as badly affected as some other sectors in terms of ratings downgrades in the event of a no-deal Brexit.   7 October 2019

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