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Many German insurers are struggling to find a suitable strategy to help them navigate the current challenging environment characterised by low interest rates, fierce competition and the disruptive forces of new technology. 11 November 2016
Insurance
Digitally-focused new players in the insurance industry are increasingly threatening the market dominance of traditional insurers in a dynamic that could ultimately force the incumbent players to become nothing more than risk carriers, the COO of Hiscox has warned. 11 November 2016
Insurance
Global insurance rates declined for the 14th consecutive quarter in the third quarter of 2016, although the rate of decline moderated by weighted average for the third quarter in a row, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
European insurers are accelerating their investment into infrastructure, and Aviva’s plan to more than treble its exposure to infrastructure emphasises this trend, according to Fitch Ratings. 10 November 2016
Insurance
Italian insurer Generali’s gross written premium dipped in the first nine months of 2016 but this was mainly due to increased discipline in its life business; its property/casualty units have enjoyed some growth. 10 November 2016
Insurance
Zurich Insurance registered a net income of $912 million in the third quarter compared to $207 million in the same period of 2015. 10 November 2016
Insurance
The many reinsurers that have developed substantial primary operations could be in for a backlash from their cedants, as Intelligent Insurer discovers. 10 November 2016
Insurance
Enstar Group, an insurance group based in Bermuda, tripled its earnings in the third quarter of 2016, largely due to the contribution of its non-life run-off segment. 9 November 2016
Insurance
An online poll of Intelligent Insurer’s readers has indicated that 63 percent felt Hillary Clinton would have been the best choice as US president for the global re/insurance industry. 9 November 2016
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