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Insurance
Florida-based P&C insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (“R&Q”), said on Oct. 30 that it has partnered with Atlas General Insurance Services (“Atlas”). 30 October 2017
Insurance
JLT Re has poached a senior broker from Willis Re to join its London and International Markets (LIM) division. 4 September 2017
Insurance
Broker Arthur J Gallagher and Alliant have settled a dispute over Gallagher employees hired by intermediary services provider Alliant. 19 December 2017
Insurance
Following the completion of its acquisition of Ironshore, property/casualty insurer Liberty Mutual has combined its existing Liberty International Underwriters (LIU) US business and Ironshore’s US specialty lines business under the Ironshore brand. 3 May 2017
Insurance
Venture capital firm BP Marsh & Partners has acquired 20 percent equity stake in London-based EC3 Brokers Limited for a total cash consideration of £5 million, in a mixture of preferred and ordinary shares. 18 December 2017
Reinsurance
As re/insurance leaders look back on 2020, they share their thoughts on the unprecedented past 12 months with Intelligent Insurer and consider how this will affect the year ahead. In exclusive insights, they also reflect on the debate over whether it was a black swan event, or more of a ‘grey rhino’, recognise the critical nature of advancing technology and express a real desire to return to face-to-face negotiations, as well as setting out their stalls for 2021. 23 December 2020
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
The market remains tough for reinsurers, with rate increases well below what was forecast 12 months ago as an abundance of capacity maintains pressure on the market, Paul Ludwig, senior vice president and client executive of the reinsurance division of Munich Re America, told PCI Today. 30 October 2018
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 23 October 2019
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