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Insurance
Unum authorises repurchase of $750 million common stock
The board of directors of insurance firm Unum Group has authorised the repurchase of up to $750 million of the company’s outstanding common stock through November 26 2017.   27 May 2016
News
Reinsurers taking action against negative credit conditions: S&P
There is a continuing trend for negative credit condition in the global reinsurance sector, according to a new report from Standard & Poor's Ratings Services (S&P).   10 September 2015
Insurance
PERILS appoints Swiss Re exec as head of Asia Pacific
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney.   27 April 2017
Insurance
The 2017 Ogden rate change created chaos in the motor business
An unexpected change in the personal injury discount rate in the UK in the middle of the reporting season has required insurers delay and adjust their financial reports in 2017.   29 December 2017
Insurance
Capita ramps up MGA strategy with stake in Infinity
Capita Insurance Services has concluded a transaction to finance the development of Infinity Agency, a managing general agent (MGA) that specialises in high net worth motor insurance, by taking a minority equity stake in it.   26 February 2014
Insurance
NFIP overhaul needs to include new risk maps, increased coverage and higher rates
The US National Flood Insurance Program (NFIP) is in need of a significant overhaul which should include an expanded coverage, updated flood maps and higher rates, according to experts speaking to Intelligent Insurer.   29 September 2017
Insurance
Reinsurance opportunity for marine players
While underlying economic conditions affect the marine market in certain Asian territories, players in the region are also seeing evidence of a decline in ship-building activity, Simon Saunders, division head, marine, aviation and transport for Barbican Insurance Group, told EAIC Today.   10 October 2016
News
Buyers: The most important people in the room
Despite recent losses, buyers seem to retain the upper hand in negotiations as we move into the renewals. On this basis, some are taking the opportunity to fine-tune their reinsurance programmes; others are even seeking rate decreases—Intelligent Insurer spoke to four of them for their take on the state of negotiations.   5 November 2018
Insurance
NexAssure appoints operations director
NexAssure Management, a third party administrator, has appointed Brian Ong as the operations director in Malaysia.   22 December 2015
Insurance
Insurance Europe slams European Commission for ignoring advice on European Services e-card proposals
Insurance Europe, the European insurance and reinsurance federation, has accused the European Commission of working from incorrect assumptions and ignoring the advice of Insurance Europe in its legislative proposal for a European Services e-card.   13 January 2017

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