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Insurance
A time of reckoning will come very soon for many reinsurers backed by hedge funds as many remain unprofitable and with many promises unfulfilled, according to a new report by S&P Global Ratings. 8 August 2017
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period. 4 August 2017
Insurance
UK’s Aviva on Aug. 3 reported higher first half operating profit driven by both life insurance and general insurance operations. 3 August 2017
Insurance
Hong Kong is on the path to becoming a dedicated hub for mainland China’s reinsurance needs, Peak Re said in its July Peak Times issue. 31 July 2017
Insurance
Specialist re/insurance broker THB has appointed Rodrigo Botelho as director of its European division, effective October 1, to expand in Africa. 31 July 2017
Insurance
Sompo Canopius has appointed Bruce Shepherd as a credit and political risk analyst to lead the credit analysis function in the group's credit, political and crisis division. 31 July 2017
Insurance
Liberty Specialty Markets (LSM) has entered the equine and livestock markets with the appointment of Julian Bowen-Rees as the global head for these lines, based in Virginia, US. 31 July 2017
Insurance
The Lloyd’s Franchise Board has granted Dale Underwriting Partners ‘in principle’ approval to establish a special purpose arrangement (SPA). 31 July 2017
Insurance
The robust expansion of Asian economies and domestic insurance markets will spur reinsurance activity in the region, Fitch Ratings said on July 31. 31 July 2017
Insurance
Lloyd’s syndicate Probitas 1492 said on July 31 that it a shareholder agreement has been signed with Saudi Re. 31 July 2017
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