News
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News Agenda
CEO debate: Huge cyber loss required to shake up pricing
A panel of industry leaders debated at this year’s Monte Carlo Rendez-Vous what it might take to finally shift pricing in the reinsurance sector
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News Agenda
Japan’s Typhoon Jebi cost Swiss Re $500m in Q3
Swiss Re’s natural catastrophe claims burden of $1.1bn in the third quarter was dominated by Japanese weather-related losses
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News Agenda
Hurricane Michael: the strongest US landfall since Andrew
Catastrophe risk modellers have been tracking the storm’s behaviour and likely $6-10bn re/insurance losses, as Michael continues its path inland after crossing the Florida Panhandle
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News Agenda
Cincinnati Financial to buy Munich Re-owned Beaufort
The US insurer has agreed a €116m deal to buy Munich Re-owned MSP Underwriting, operating through Beaufort, which underwrites for Lloyd’s Syndicate 318
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News Agenda
September’s nat cats reveal under-insurance – Aon
Tens of billions of dollars in economic losses to hurricane, flood and earthquake disasters highlight the protection gap, according to Aon’s Impact Forecasting
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News Agenda
Guy Carpenter preparing Blue Line facility for 1/1
Reinsurance broker Guy Carpenter is preparing a new London market reinsurance broking facility for facultative business globally, GR can reveal
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News Agenda
Lloyd’s clarifies claims situation after Brexit
A Part VII transfer will see Lloyd’s transfer its existing European Economic Area business to its Brussels company
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News Agenda
Typhoons Trami and Jebi may hurt Japanese insurers’ ratings – S&P
September storms could be a blow to the creditworthiness of Japan’s top three insurers, according to S P Global Ratings
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News Agenda
Ren Re investor calls for sale
TimesSquare Capital Management wrote an open letter to RenaissanceRe’s board, imploring them to sell the Bermudian reinsurer after the wave of recent re/insurance M A activity
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News Agenda
Insurtech collaborations winning out against acquisitions - report
Three-in-four insurance executives favour partnering on a solution-as-a-service basis, rather than buying insurtech firms, according to the World Insurtech Report 2018 from Capgemini and Efma