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Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
Catastrophe losses stemming mainly from the three the hurricanes and wildfires that hit the US last year cost Berkshire Hathaway some $3 billion and led to heavy underwriting losses in its re/insurance units. But Warren Buffett, the company’s chairman, was quick to stress that such years are rare and prior to 2017 the company had recorded 14 consecutive years of underwriting profits. 26 February 2018
article
Both profits and growth dipped at Italian insurer Generali in the first quarter as the company blamed a more disciplined underwriting approach in its life business and a lower investment result due to its policy of reducing realised gains. 11 May 2017
Insurance
In the absence of clarity as to what a future trade deal will look like between the UK and the EU, affected insurers have accelerated their plans to establish new EU subsidiaries, according to AM Best. 3 August 2018
Insurance
Despite the challenges of COVID-19, Deutsche Rück continues to strengthen its position in Germany while adding value in other European markets and targeting an expansion into the Middle East in 2021. Achim Bosch of the Deutsche Rück Group discusses the reinsurer’s position now and his views on tackling future pandemics. 19 October 2020
Insurance
UK P&I Club, a provider of protection and indemnity insurance to the international shipping community, is set to establish a new European subsidiary in the Netherlands. 24 November 2017
Insurance
Barbican Insurance Group has opened a new office in Manchester. 28 April 2016
Insurance
General insurer Insurance Australia Group (IAG) has restructured its domestic business with the creation of a single division under current chief operating officer Mark Milliner. 19 July 2017
Insurance
The US casualty renewal rates have increased in the first quarter of 2017 for the first time since the third quarter of 2014, according to the latest Marsh Global Insurance Market Index. 1 June 2017
Insurance
As an industry we are starting to think about how to make the workplace more inclusive and accessible, and there has been a lot of positive change, says Georgia d’Esterre, head of marketing at Holloway Friendly. 18 December 2019
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