News – Page 288
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Online onlyWillis Re says changing reinsurance market conditions favour mutual insurers
‘Loyal’ mutuals are reinsurers’ preferred customers in a soft market
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Online onlyPRMIA survey puts regulation at top of risk managers’ concerns
Survey also highlights that risk managers want a better way of integrating risk into the investment process
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Online onlyCanopius US off negative review
Canopius’ US surplus lines insurer was formerly owned by Omega
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Online onlyGenerali USA picks RGA and SCOR as top bidders
The Italian insurer’s US life business is worth up to $1bn
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AnalysisVideo Q&A: Jeremy Brazil, Markel
Markel’s President Jeremy Brazil tells GR about the company’s strategy, the Alterra deal, and which trends he will be following this year
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Online onlyLouisiana Citizens brings Pelican Re to market
Deal is the latest from the US residual market to tap the capital markets
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Online onlyACE launches US agribusiness insurer
New unit consolidates ACE’s agricultural offering as crop insurance prices rise
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Online onlyMiller hires Swiss Re underwriter for Singapore role
Nick O’Neil joins Lloyd’s broker’s facultative team
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Online onlyHigh probability of US major landfalling hurricanes in 2013
Colorado State Universtiy estimates an active 2013 season with nine hurricanes and 18 named storms
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Online onlyAXA sells US life insurer to Protective for $1.6bn
Transaction disposes of run-off mortality book primarily underwritten before 2004
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Online onlyUS commercial rates creeping up – Willis
Broker anticipates “complicated renewal process” for Sandy-hit programmes
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AnalysisNat cats and a nuclear future
The Iran quake is another reminder of the inherent danger in building nuclear plants in catastrophe zones
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Online onlyGuy Carp: Modest softening at 1 April renewals
Convergence between traditional reinsurance and capital markets ‘has now occurred’
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Online onlyAsia Capital Re appoints Taiwan head
Andy Li named chief representative of reinsurer’s Taiwan Representative Office
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Online onlyGlobal reinsurer capital soars to $505bn – Aon Benfield
Capital up 11% at year-end 2012; aggregate CR down to 92.6%
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Online onlyACE strengthens Germanic team with promotions
Dankwart von Schultzendorff is named chairman and Andreas Wania becomes country president for Germany
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Online onlyTSR predicts active 2013 hurricane season
Early forecast puts storm activity at 30% above the long-term norm
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Online onlyLloyd’s Council appoints former Brazilian central banker
Henrique de Campos Meirelles joins market’s governing body
