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Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best.   26 March 2018
Insurance
Insurance group Ageas has received the approval of the National Bank of Belgium (NBB) to organise and operate reinsurance activities.   2 July 2018
Insurance
Digit Insurance is buying a 100 percent stake in Indian private reinsurance company ITI Reinsurance (ITI Re) for about INR 500 crore ($72.8million), according to an Economic Times report citing “a person familiar with the deal.”   2 July 2018
Insurance
The delayed implementation of RMS’ flagship product, RMS(one), has hit the profits of parent company, Daily Mail and General Trust (DMGT).   26 November 2014
News
Reinsurers in the US recorded a combined ratio of 108.2 percent in 2017, according to the latest underwriting report by the Reinsurance Association of America (RAA).   8 March 2018
Insurance
Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country.   16 October 2018
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area.   10 September 2017
Insurance
Castel Underwriting Agencies, the managing general agent (MGA) formation platform, has appointed Vanessa Powell as its first claims manager.   3 September 2015
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.   23 October 2018
Insurance
A hypothetical magnitude 7.0 earthquake epicentered in Oakland would damage more than a million homes and less than 10 percent of total residential losses would be insured because of a low residential earthquake insurance take-up in the Bay Area, according to a scenario developed by the US Geological Survey (USGS).   19 April 2018

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