News – Page 261
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Online onlyDownload your May Executive Briefing
Includes: How reinsurance convergence became a reality; Nat cats and a nuclear future; Interview with Beazley’s chief underwriting officer; Malaysia data report; and a Q&A with Antares head of ceded reinsurance
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Online onlyPERILS adds Italian market loss data
Losses from 2012 Emilia-Romagna quakes a record €1.24bn
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Online onlyWhy US terrorism rates will harden if Tria expires
Failure to extend the backstop will leave insurers dangerously exposed, warns Fitch Ratings
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Online onlyMunich Re boasts Q1 profit of €979m
Q1 result beats analyst expectations as reinsurer benefits from benign cat environment
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Online onlyHannover Re doubles non-life Q1 reinsurance profit
Reinsurer lifted net profit by 15% to €221m
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Online onlyAIG Q1 profit drops to $2.2bn
Corporate structure will be transformed to support a ‘leaner business’ - Benmosche
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Online onlyMontpelier’s Blue Capital cat fund raises $52m
Majority of proceeds will be invested in the June and July reinsurance renewals
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Online onlyACE completes Mexican insurer purchase
Acquires ABA Seguros from Ally Financial for approximately $690m
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Online onlyValidus board welcomes NAIC's Terri Vaughan
Vaughan was chief executive of the NAIC between 2009 and 2012
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AnalysisMyanmar – Asia’s final (re)insurance frontier
As the country opens up, (re)insurers need to move quickly to seize the opportunities
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AnalysisThe impact of government cordons on insurance
A court case related to the Christchurch earthquake highlights how government reponse can affect cover in natural disasters
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Online onlyRenaissanceRe sees drop in Q1 profits
Decline in premiums driven by the company’s catastrophe and specialty units
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Online onlyEndurance boosts reinsurance GWP 19%
Chief executive credits favourable renewals, international expansion and new trade credit and surety team
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Online onlyLancashire Q1 combined ratio down to 51.2%
Chief executive acknowledges ‘threats and opportunities’ from third party capital
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Online onlySwiss Re Q1 profits up 21%
Boasts combined ratio of 72.4% after lower than expected cat activity
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Online onlyUIB wins large Brazilian treaty account
SulAmérica is the third-largest insurance company in Brazil
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AnalysisWhy the end to Tripra will prompt market contraction
US federal reinsurance backstop continues to stabilise terrorism insurance market – Marsh
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Online onlyMarkel improves Q1 combined ratio
(Re)insurer’s international segment sees premiums rise 7%
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Online onlyArch Capital reveals bumper quarter
Combined ratio of 84.6% reflects benign loss environment
