All News articles
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News AgendaAIG endorses Lloyd’s with new $1bn high net worth Syndicate 2019
The insurer plans to launch a new syndicate at Lloyd’s serving the US high net worth market, writing up to $1bn in gross written premiums by 1 January 2020
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Insurtech investments this year surpass 2018 already – WTW report
Deal numbers were up 20% in Q3 and marked the first quarter since Q2 of 2018 when investments in business-facing insurtechs outnumbered investments in distribution-focused ventures
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Japan’s Typhoon Hagibis to cost insured losses of $8-16bn, according to AIR
Catastrophe risk modeller AIR Worldwide said more than half of the losses would come from inland flooding
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Greenpeace climate protest in Baden-Baden over reinsuring dirty energy
The industry’s role reinsuring energy business relating to coal attracted Greenpeace activists to Baden-Baden this year
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Bermuda reinsurers’ performance improving – Fitch analysis
The 22 Bermuda reinsurers in Fitch’s sample reported a 99% 2018 combined ratio on aggregate, better than 108% in 2017 but higher than the 93% average over the past five years
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Baden-Baden: Is re/insurance ready for Industry 4.0? - GC Symposium
Reinsurance broker Guy Carpenter kicks off 2019’s Baden-Baden Reinsurance Meeting by asking whether the sector is ready for the forces of the fourth industrial revolution – so-called Industry 4.0
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Aon launches US regional insurers’ group
Re/insurance broker Aon has launched a group for US regional insurer clients, but is planning global rollout
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Samengo-Turner appointed global fac leader at Guy Carpenter
He steps up to the global fac role in London after leading Marsh JLT Specialty Asia in Hong Kong, where a replacement has already been found
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Arig seeks shareholder vote on underwriting cessation, appoints interim CEO
Central Bank of Bahrain has advised the country’s stock exchange to resume trading of Arig shares, suspended since 14 May
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MS Amlin bails out of the aviation insurance market
London market re/insurer MS Amlin has confirmed its exit from the aviation insurance market, putting its portfolio into runoff
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New CFO and COO appointments at PartnerRe
Reinsurer PartnerRe has announced executive leadership changes
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Insurance M&A surpassed $4bn in August – GlobalData report
Total insurance industry M A deals announced in August 2019 globally were worth $4.04bn, according to GlobalData’s deals database
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Dorian ties as strongest Atlantic hurricane – Aon cat report
Tropical cyclones Dorian, Imelda, Faxai each poised for multi-billion-dollar economic losses, according to Aon
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Cyber terror task force set up by the Geneva Association
New cyber terrorism task force formed by International Forum of Terrorism Risk (Re)Insurance Pools and the Geneva Association
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Aon Reinsurance Solutions forms global wholesale committee
The reinsurance broker’s new global wholesale committee is to be chaired by Bill Fearnley-Whittingstall, head of its Americas division in London
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Woulfe appointed IP head at Tokio Marine Kiln
TMK has announced a newly created role of head of intellectual property
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FCA personal lines crackdown will knock non-life profits – rating agencies warn
Rating agencies Moody’s and Fitch weigh in on UK Financial Conduct Authority proposals to ensure motor and home insurers’ existing customers do not pay more for renewing policies than new customers pay
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Munich Re to launch first Syndicate-in-a-Box at Lloyd’s
The German reinsurer backs the Lloyd’s plans with its Munich Re Innovation Syndicate to feature parametric risks
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Management buyout for Markel’s Brazilian arm
The exec team of Markel International’s Brazilian arm have bought out the firm from its parent, renamed NEWE Seguros
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Harrell appointed MD, COO at Willis Re Specialty
New specialty MD at Willis Re’s most recent role was to lead international insurance at Aspen and active underwriter of its Lloyd’s Syndicate 4711
