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Insurance
The Association of British Insurers is calling for a national, anonymised database recording details of cyber incidents at businesses to be established in order to help the UK become a world leader in cyber insurance. 23 May 2016
Insurance
The management team of Open International, the parent company of the online commercial insurance markets PowerPlace and Open GI, has completed a management buyout of the business from its private shareholders with the backing of Montagu Private Equity. 19 August 2014
Insurance
Insurance company Lancashire Holdings has reported a fall in profits for 2015, affected by high losses in its energy sector. 18 February 2016
Insurance
Barbican Insurance, which operates mainly through its Lloyd’s Syndicates, has appointed Tim Mackenzie, formerly of Faraday Re, as an underwriter in the firm’s international casualty reinsurance division. 8 April 2014
Insurance
The UK Government has startled the re/insurance industry by decreasing the personal injury (Ogden) rate by far more than had been expected, causing companies to revise their profit results mid-reporting season. 1 March 2017
Insurance
Bermuda-based Armour Group has acquired Fidelity National Title de Mexico, a provider of title insurance and escrow services. 15 December 2014
Insurance
Dubai Islamic Insurance & Reinsurance Company (AMAN) has partnered with UAE-Emirates Islamic Bank to launch a Takaful compliant auto insurance product. 7 April 2014
Insurance
The implementation of Solvency II will place restrictions on the investment strategies of many insurers. Intelligent Insurer speaks to the team at BNY Mellon about the investment options open to insurers facing tighter capital regulation. 1 March 2012
Insurance
Re/insurers should not be perturbed by the widely reported slowdown in China’s economy as the country will still offer significant opportunities for the industry even when growth is dampened, Andy Caldwell, deputy active underwriter, Syndicate 1955, Barbican Insurance Group, told SIRC Today. 3 November 2015
Insurance
The rapid increase of insurable assets in areas prone to natural catastrophes creates accumulation risks that the ASEAN societies and economies must learn to manage better, Philippe Domart, chief underwriting officer of PartnerRe Asia, told EAIC Today. But this, in turn, he added, offers both challenges and opportunities for re/insurers in the region. 4 November 2014
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