All News articles – Page 24
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NewsSCOR is well positioned to capture profitable growth opportunities from the new supportive market environment
At its annual Investor Day, SCOR’s Executive Management team, led by Denis Kessler, presents an overview of the first year of the “Quantum Leap” strategic plan. SCOR has three key positive messages for its Investor Day. Firstly, SCOR is absorbing the impact of the Covid-19 crisis. Based on data currently ...
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NewsReinsurance price increases have been ‘timid’ so far, says Swiss Re CUO
Reinsurance price increases seen so far have been “timid,” according to Thierry Léger, group chief underwriting officer at Swiss Re AG.
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NewsAIG reveals limited BI exposure despite $272m Covid-19 hit
Chief executive Brian Duperreault describes Covid-19 as “the single largest CAT loss the industry has ever seen”
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NewsKBRA Releases Research – Coronavirus (COVID-19): Global Insurance Update
Kroll Bond Rating Agency (KBRA) releases updated views about COVID-19’s implications for the global insurance sector. COVID-19 is now officially a pandemic with unprecedented consequences. In this report, KBRA updates our previous views on the implications of the COVID-19 crisis for the life and property and casualty (P&C) insurance subsectors. ...
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NewsBMS acquires Spanish specialist insurance broker Jurado Mata
BMS Group today announced that its Spanish subsidiary, BMS Iberia, has acquired Jurado Mata, the Granada-based Spanish specialist insurance broker. The consideration for the transaction was not disclosed. Founded in 1990, Jurado Mata has provided a range of affinity, commercial and personal lines solutions to a range of Spanish clients. ...
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NewsAspen Insurance Holdings exits underperforming UK regional P&C line
Group chief executive describes 2019’s financial results as ‘disappointing’
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NewsAspen Insurance Holdings appoints new group chief financial officer
The new hire succeeds Scott Kirk, who is leaving the firm at the end of April
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NewsDWIC 2020: Building a sustainable and affordable healthcare market for MENA
With increases in medical costs easily outstripping inflation, what can be done to manage costs, increase affordability for all and build sustainable profits?
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NewsIn Pictures: Dubai World Insurance Congress 2020
With close to 600 delegates coming from across the MENA region and beyond, networking has been high on the to-do list, supported by a varied agenda driving debate on some of the hottest topics facing the industry
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NewsContrarian PartnerRe betting on L&H, pureplay reinsurer strategy
Emmanuel Clarke said PartnerRe’s life and health business had grown by 23%
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NewsJBA set to launch first probabilistic global flood model
Risk carriers active in Southeast Asia and Japan are among those expressing interest in JBA Risk Management’s new worldwide flood model
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NewsMunich Re reaches landmark cyber premium total
Munich Re’s market share in cyber now at just over 5%
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NewsWider datasets can limit loss creep impact – Perils CEO
But chief executive Luzi Hitz says the size of the event is the biggest contributor to loss creep figures
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NewsAIR warns reinsurers to beware of significant Typhoon Fuxai losses
AIR chief research officer Jay Guin said the many exposures in Tokyo could create significant multi-billion dollar losses
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NewsGC Symposium: You don’t have to be big to be beautiful
The trend for mergers and global composites is not the panacea it seems, Hamilton CEO Pina Albo told Guy Carpenter’s Baden-Baden Reinsurance Symposium
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NewsConsulting editor's comment: Monte Carlo or Bust
Hoping for a year of low catastrophe claims, or for a market-changing storm, misses the point, writes GR’s consulting editor, David Benyon
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NewsMaritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns
Attacks on ports such as Antwerp raise concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin
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NewsGDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
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NewsFlat renewals at 1.4 disappoint reinsurers – Willis Re
But “dynamic change” in M&A appetite keeps the market “lively”
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NewsCanopius makes two top-table hirers
The two new senior managers bring wealth of experience to the table
