All News articles – Page 136
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NewsAmazon, Berkshire, JPMorgan healthcare joint venture to shut business next month
The not-for-profit venture was meant to address high costs in the world’s most expensive healthcare system and to initially focus on “transparent” healthcare for the U.S. employees of the three companies.
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NewsApplied Underwriters’ expansion continues with launch of US based D&O Division
Steve Menzies, CEO of Applied Underwriters, today announced the creation of a US based division of its Applied Financial Lines business unit to provide a variety of D&O coverages in the US under the direction of newly named President of the Division, Stephen McGill.
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NewsNexus acquires Marine business from Hiscox MGA
Hiscox will continue to provide underwriting capacity for the business alongside other existing markets, led by long-standing supporters Talbot and AXA XL. HMM will become an integral part of Millstream and the business will continue to operate as usual.
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Newsbms launches asia operations
BMS Asia will initially focus on M&A insurance broking, enhancing the group’s existing capabilities in that class of business in London, Canada and Australia.
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NewsHow events in 2020 have delivered a sweeping shock to Risk Transfer Markets - Howden Broking
Titled Hard Times, the report offers a detailed retrospective and forward-looking analysis on a period of transformational change (and challenge) for clients and markets alike, as well as providing detailed insights into renewals.
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NewsReason and logic govern firming reinsurance landscape: Willis Re 1st View Renewals Report
The Willis Re 1st View report is a thrice-yearly publication including specific commentary on key trends throughout the world’s major reinsurance classes and regions
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NewsSix business risks for 2021
The need for robust organisational resilience plans and resources to ensure employee wellbeing are essential in the ‘new normal’
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NewsPremia expands reinsurance capacity with Elevation Re formation
This arrangement enables Premia to support run-off reinsurance opportunities with additional capacity and allows investors in Elevation Re to participate alongside Premia in the rapidly-expanding P&C run-off market through a unique and innovative structure.
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NewsEnstar announces reinsurance of $690 Million of Continental Casualty Company’s Legacy Excess Workers’ Compensation Business
The closing of the transaction is subject to regulatory approval and other closing conditions.
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People & OpinionNicolas Papadopoulo named President and Chief Underwriting Officer of Arch Capital Group
Papadopoulo said, “I am excited and humbled to take on this new role and look forward to continuing to work closely with Marc, our strong executive team and employees throughout our organisation.
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NewsCayman Islands reinsurers form industry group
The founding members of CIRCA include: Aureum Re, Barents Re, CIBC Cayman Reinsurance Ltd., Greenlight Re, Knighthead Annuity & Life Assurance Company, Nassau Re (Cayman) Ltd. and United Insurance Company.
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NewsAMNM partners with AlKoot Insurance and Reinsurance
The partnership provides AlKoot’s members access to AMNM’s world-class, patient-centric healthcare services in Qatar.
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NewsJapan’s Daiwa bets on securities underwriting business in China, CEO says
China has unveiled a slew of measures in recent years to open up its financial sector - worth trillions of dollars - to foreign firms, including banks, fund management, brokerages and insurance businesses.
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NewsU.S. appeals court upholds Trump health care price disclosure rule
A federal appeals court on Tuesday upheld a White House-backed rule to require hospitals to disclose the prices they negotiate with insurers for an array of common tests and procedures.
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NewsFTSE 100 edges higher after UK approves AstraZeneca’s COVID-19 vaccine
“The AstraZeneca approval will be a game changer for the vaccination process as it is available immediately in quantity and is easily transported and stored,” said Jeffrey Halley, a senior market analyst at OANDA.
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NewsArgo Group announces sale of its Italian business
Argo Group International Holdings has announced an agreement to sell its Italian operations, ArgoGlobal Assicurazioni S.p.A (“AGA”) to Perfuturo Capital AG (“Perfuturo”), a Swiss Holding Company.
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NewsEtihad Credit Insurance certified as a Best Place to Work Company in UAE
ECI offers employee incentives such as health and family resources, promoting diversity programmes, and carrying out employee-wellness policies.
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NewsReuters: Ant weighs financial holding company to placate regulators, sources say
The regulators, mainly the central bank, want Ant to fold its wealth management and insurance distribution businesses as well as minority-owned MYbank online lender into a financial holding company, one of the sources told Reuters.
