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Insurance
Sponsoring transparent and understandable cat bonds—including bonds that use parametric triggers—could become one of the most effective risk transfer instruments for emerging economies to resolve the developing issue of the protection gap at the macro level, Kirill Savrassov, CEO of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 25 October 2017
Insurance
The European Parliament has voted to object to the regulatory technical standards (RTS) for the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. 15 September 2016
Insurance
Ascent Underwriting, a Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors and omissions insurance product specifically aimed at US healthcare professionals. 12 December 2013
Insurance
Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 2017
Insurance
UnipolSai Assicurazioni, the insurance arm of the Italian Unipol Group, has launched a reinsurer targeting property and casualty business in continental Europe. 11 September 2015
Insurance
The UK government is keen to attract insurtech firms to London and create an environment where they can thrive as part of its plan to keep the city a global insurance hub. 25 May 2018
Insurance
The Cayman Islands Monetary Authority (CIMA) has named Ruwan Jayasekera as head of its insurance supervision division, effective July 14. 20 July 2016
Insurance
A downward trend in US commercial property/casualty rates has continued into the third quarter of 2016, according to a market survey from The Council of Insurance Agents & Brokers (CIAB). 1 November 2016
Insurance
ACE Group has appointed Shankar Krishnan to the newly created underwriting management role for its Eurasia and Africa region. 31 March 2015
Insurance
An increasingly marked separation is emerging between the way insurers are buying reinsurance to support specific lines of business and manage their P&L, and the reinsurance they are purchasing for capital management reasons, Eric Paire, head of Global Partners & Strategic Advisory EMEA, Guy Carpenter, told Monte Carlo Today. 11 September 2016
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