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Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement. 1 May 2018
Alternative Risk Transfer
Business written by Blue Capital Reinsurance Holdings decreased by almost a third in the first quarter of 2018 compared with the same period a year before, despite positive rate increases. 1 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”. 1 May 2018
Insurance
Markel co-CEO Richard Whitt, III is pushing for rate increases in the property market and is otherwise prepared to shed business. 26 April 2018
Insurance
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations. 26 April 2018
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
e2Value talks about its web-based property valuation tool that leverages both intelligent automation and AI, as CEO Todd Rissel tells Intelligent Insurer. 19 April 2018
Insurance
Airline premium and rates ended 2017 higher than the preceding year for the first time in a decade and the underlying conditions continue to support higher premium and rates in 2018, says David Godley, founder partner of Altitude Risk Partners, a specialist aviation and space underwriting agency. 18 April 2018
Insurance
A reduction in UK motor insurance premiums is underway as insurers anticipate reforms to curb whiplash claims and reduce lump-sum payments for long-term care costs and lost earnings, according to Fitch Ratings. 18 April 2018
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