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The US subsidiary of Ireland-based Global Indemnity has acquired American Reliable Insurance Company from Assurant for $114 million. 19 October 2014
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
Insurance
Guernsey ended 2015 with more than 800 international insurers, according to the Guernsey Financial Services Commission (GFSC). 10 February 2016
News
Some of the growth opportunities that exist for reinsurers currently operating in the Latin American region stem from entering lines of business they have not traditionally written in the past. That is the view of Derek Durst, international treaty underwriter for QBE Re. 27 October 2015
Insurance
Sanctions is a word sometimes thrown about by politicians, but it’s an issue that insurers need to be aware of due to their wide-ranging impact. Intelligent Insurer investigates. 6 June 2016
Insurance
As Patria Re prepares to reposition itself from a Latin American specialist to a small international reinsurer with a specialty in the region, the company’s CEO, Ingrid Carlou, tells Intelligent Insurer about the benefits of this alteration and the reinsurer’s entry into Lloyd’s. 15 December 2015
Insurance
Falling fertility rates similar to those in other developed markets such as the US, Europe or Japan are leading to an ageing population, with fewer entrants coming into each country’s labour market, says Michael Garvin, chief financial officer–Latin America region for Principal Financial Group. 26 October 2015
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
Insurance
A strong set of results announced by the private equity backed Nexus Group could set it on course to become the largest independent managing general agency (MGA) in the London Market. The group has expanded quickly since its formation in March 2010 through a series of mergers and acquisitions. 13 March 2013
Insurance
Re/insurer Willis and professional services company Towers Watson have announced shareholders of both companies have approved the proposals necessary to complete the merger of equals transaction. 14 December 2015
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