News – Page 163
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News AgendaArig 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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News AgendaMS 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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News AgendaNew CFO and COO appointments at PartnerRe
Reinsurer PartnerRe has announced executive leadership changes
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News AgendaInsurance 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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News AgendaDorian 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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News AgendaCyber 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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News AgendaAon 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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News AgendaWoulfe appointed IP head at Tokio Marine Kiln
TMK has announced a newly created role of head of intellectual property
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News AgendaFCA 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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News AgendaMunich 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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News AgendaManagement 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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News AgendaHarrell 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
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AnalysisFuture at Lloyd’s ‘Blueprint One’ launched in London
Lloyd’s has released the 150-page “Blueprint One” for the London re/insurance market’s future transformation
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News AgendaMS Amlin refocuses underwriting strategy, cuts nine business classes
A reshuffle and restrategy at re/insurer MS Amlin creates a specialty business by combining marine and P&C international platforms, as well as cutting several lines of business
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News AgendaHDI appoints Stamm CUO for Swiss branch
Thomas Stamm joins HDI Global from rival insurer AIG in Switzerland
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News AgendaAIG appoints heads of global aerospace and UK energy, construction
Two new senior specialty hires at AIG in London come from Chubb and ArgoGlobal
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ViewpointsUse it or risk losing its benefits, warns FAIR president Albaharna
It was announced at this year’s FAIR conference event that the next FAIR event takes place in the UAE in 2021
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AnalysisTakaful needs to reduce expenses, boost awareness and distribution – FAIR panel
Takaful and retakaful specialists discussed the market for Islamic insurance products in a panel debate at FAIR 2019 in Marrakech
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AnalysisMicroinsurance panel: small premium x large distribution = feasible
Swiss Re’s Beat Strebel was among panellists discussing microinsurance at FAIR 2019 in Marrakech
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ViewpointsQuick Q&A with Trust Re COO Tabaja
Trust Re’s group chief operating officer Kamal Tabaja took a moment to answer GR’s questions during this week’s FAIR 2019 event for Afro-Asian re/insurance markets in Marrakech
