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Insurance
Against a backdrop of an exceptional growth rate and aggressive acquisition strategies, China is taking a more prominent role in a frantic period of re/insurance M&A activity. 6 March 2017
Insurance
The chief executive officer (CEO) of Integro Insurance Brokers, Peter Garvey, has joined property and casualty broker Edgewood Partners Insurance Center (EPIC) as chief operating officer. 13 October 2014
Insurance
Two specialist Lloyd’s underwriters, ICAT Syndicate 4242 and Neon, have completed an agreement that will see them offer additional per risk capacity to the Bermuda Property Direct and Facultative (D&F) market. 6 January 2017
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Dawning awareness of the scale and severity of financial risks posed by artificial intelligence (AI) means that, in the next few years, London market underwriters will need to review their policies in a search for hidden AI exposure, according to law firm Clyde & Co. 24 July 2018
Insurance
Zurich Insurance Group’s property & casualty (P&C) operations benefitted from an improved underwriting performance in the first half of 2018. 9 August 2018
Insurance
Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving. 20 September 2018
Insurance
Florida-based Orchid Underwriters Agency, a specialty underwriter of catastrophic coastal insurance, has hired Andrew Cyran as chief underwriting officer, a new position within the organisation. 18 December 2017
Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region. 15 November 2017
Insurance
Incoming data suggest that growth momentum is largely holding up across the Latin American economy and the recovery remains firmly underway, according to data provider FocusEconomics. 15 November 2017
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