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Insurance
Zurich Insurance Group said that it is combining its specialty products business with commercial insurance in North America as part of its strategy to simplify the organisational structure, and provide easier access to its products and services. 26 May 2017
Insurance
UK bulk annuity transactions are set to reach £30 billion in 2018 for the first time, making it a “bumper year”, according to Aon. 15 December 2017
Insurance
Saga, a UK-based specialist insurer for life after 50, has seen its profits impacted by the collapse of Monarch Airlines. 6 December 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, is planning to establish a new subsidiary in Europe to retain its access to the market after Brexit, with an indication as to its location to be confirmed in June. 23 May 2017
News
Premium rates are set to further decline in reinsurance throughout 2017 due to overcapacity and sluggish demand, according to Fitch Ratings. 16 May 2017
Insurance
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report. 22 May 2018
Insurance
A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts. 7 December 2017
Insurance
XL Catlin has introduced an accident and health (A&H) solution, ‘Protect and Assist’, which is designed to help UK businesses protect its employees and meet duty and care needs against emerging risks and heightened security threats. 20 April 2017
Insurance
American International Group (AIG) enjoyed a return to solid profits in its first quarter results as its CEO highlighted the company was enjoying the fruits of actions it has taken to execute to strengthen its balance sheet and improve earnings quality. 4 May 2017
Insurance
The London Market Group (LMG) has published a proposal centred on a free trade agreement (FTA) that would enable the EU and UK to maintain access to their insurance markets and control over their regulatory systems after Brexit. 29 November 2017
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