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US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation. 11 July 2017
Insurance
The General Data Protection Regulation (GDPR), which is set to come into effect in the UK on May 25, 2018, is driving good reporting behaviour as businesses become increasingly digitised and the reporting of data breaches becomes mandatory. 14 June 2017
Insurance
Brazil’s re/insurance market has remained fairly resilient despite the recent downturn in the general Brazilian economy, according to AM Best. 23 October 2016
Insurance
Indian initial public offerings (IPOs) are headed for a record year, as a rush of insurers seek to ride a rally in the local market and tap increasing investor demand for financial assets, according to an Aug. 20 Bloomberg report. 21 August 2017
Insurance
Builds on central US footprint with addition of northern Ohio full-service firm 15 November 2019
Insurance
Europeans are spending more on insurance, according to the latest key facts publication from trade body Insurance Europe (IE). 2 October 2019
Insurance
Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua. 19 April 2018
Insurance
Third party capital can help reinsurers lower the cost of capital and therefore coverage and this should be seen as an attractive business opportunity, according to AXIS Capital CEO Albert Benchimol. 16 February 2018
Insurance
The TRW Pension Scheme has agreed a £2.5 billion partial buy-out with Legal & General Assurance Society (L&G) as part of a risk transfer project. 28 November 2014
Insurance
Renewable energy projects are facing a direct impact from COVID-19 through decreased working patterns and business interruption. And the sector could also face rate hikes from their insurers and potential gaps in coverage depending on policy wordings. 17 March 2020
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