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Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria. 4 October 2017
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s. 28 April 2017
Insurance
In the absence of regulatory or rating pressure, the decision to buy reinsurance “boils down to the price and not security” in Latin America. 13 November 2017
Insurance
AXA Group has unveiled a new operating model under which the company will be organised based on five geographies (France, Europe, the US, Asia, and International), and a single, refocused corporate center. 13 November 2017
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers. 12 November 2018
Insurance
Barbican Protect, the UK retail arm of Barbican Insurance Group, has appointed Rob Wadey as head of casualty. 3 March 2016
Insurance
ACE posted solid results in the second quarter of 2014 but while its overall net premiums written increased, the reinsurance part of its business shrank slightly, compared with the same period a year earlier. 23 July 2014
Insurance
The insurance industry opposes ideas put forward in a European Commission consultation to either transfer some conduct of business powers from the European Insurance and Occupational Pensions Authority (EIOPA) to the European Securities and Markets Authority and/or to merge EIOPA with the European Banking Authority. 17 May 2017
Insurance
Insurtech companies have a unique opportunity to engrain diversity into their businesses from an early stage, says Gareth Eggle, principal, Eggle Consulting, who will chair a panel at Intelligent InsurTECH Europe 2018. 21 August 2018
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