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Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
Insurance
Insurance outsourcing firm Quindell has appointed Mark Williams as group finance director following the disposal of its professional services division to Slater and Gordon. 14 April 2015
Insurance
London’s position as a reinsurance hub could be strengthened in the medium to long term if the UK government and regulators come to terms with London becoming an offshore jurisdiction again, Peter Allen, partner at Moore Stephens, told Monte Carlo Today. 10 September 2017
Insurance
The International Underwriting Association has added two London Market executives to its board. 14 May 2015
Insurance
Financial services company Fairfax has entered into a C$650 million ($521 million) deal to part fund its acquisition of insurer Brit. 20 February 2015
Insurance
Insurance technology firm Quindell has agreed to acquire the remaining 50.1 percent stake that it does not already own in PT Healthcare Solutions Corporation (PT Health) in consideration for the issue of 9,466,666 ordinary shares of 15 pence each in the company. 10 September 2015
Insurance
NN Group and Delta Lloyd have reached a conditional agreement under which NN Group will buy Delta Lloyd for €5.4 per share which equates to €2.5 billion. The companies said the deal has been driven by competitive market conditions and the capital requirements of Solvency II. 23 December 2016
Insurance
A recovering investment environment, combined with its solid global position and capital position, makes for an optimistic outlook for SCOR, as CEO Denis Kessler explains to Intelligent Insurer. 1 September 2013
Insurance
PartnerRe Wholesale, PartnerRe’s new wholesale entity offering financial lines insurance coverage, has entered into a strategic partnership with Chedid Re, one of the largest reinsurance brokerage companies in the MENA region. 14 April 2014
News
Ajit Jain, Warren Buffett’s right hand man, has revealed the new chief executive of reinsurer Gen Re in an internal memo issued today (Friday May 20) in which he also expresses concerns that Gen Re has become less relevant in the market. 20 May 2016
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