All Property articles
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NewsOAK Re appoints Irvine property CUO
Chief underwriter joins from rival carrier Lancashire and was previously a broker at Guy Carpenter.
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NewsThe Fidelis Partnership launches new Pine Walk MGA, Seraphina
Pine Walk Capital has now established ten MGAs, the latest focused on international property to support the Fidelis Partnership’s BRICS+ strategy to broaden the geographical footprint of the business.
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NewsLancashire Insurance US opens for business
The new US business operates under a delegated underwriting arrangement with Lancashire’s UK platform and is focused on the US excess and surplus market.
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NewsDriving behaviours to increase climate risk resilience – SCOR at GAIF34
Reinsurance rates are being driven by increased claims and exposures, but the insurance industry has the data in its power to incentivise construction practices that will in turn reduce insureds’ exposure to climate change, and the prices paid for protection.
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NewsArcadian Risk Capital and Aviva in multi-year property binder
The target portfolio will be worldwide industrial and commercial property, mostly written on an excess-of-loss basis
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NewsVolante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
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NewsUK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
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NewsOcean Re expands into Europe with Oceva Risk acquisition
Ocean Re is also looking to acquire or launch an insurance/reinsurance business in Europe and the UK
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NewsUIB expands Latin American property team
Based in UIB’s London office, they join existing team member Carlos Rueda, reporting to Julian Ball, UIB’s Co Head of Non-Marine
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NewsLockton Re hires Kathy McCann for property retro
She joins from Guy Carpenter where she was managing director and senior leader within the firm’s global retro business
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NewsWTW expands European D&F team
Victor De Jager joins from AGCS as head of Property for Europe, based in Amsterdam
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NewsQBE Re undergoes organisational restructure
Peter Wilkins has been appointed to the newly-created role of chief underwriting officer QBE
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News‘Stagflation’ is back, warns sigma
Claims inflation is expected to affect non-life insurers’ profitability in 2022, leading to further market hardening in 2023
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NewsMarine war, property and aviation exposed to Ukraine losses
With ports closed and commercial shipping activities reduced, less impact on marine liability is anticipated - Miller
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NewsAviva unveils seven steps to protect UK homes and businesses from climate change
Aviva has called for urgent action to make sure that UK homes and businesses are protected from the impact of climate change and extreme weather in its new report.
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NewsFlorida consumers ‘flabbergasted’ as property insurers push for double-digit rate hikes
Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. The rate increases in Florida, the third-largest property insurance market among ...
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NewsE+S Rück expects rising prices and improved conditions in 2021 for P&C reinsurance in Germany
E+S Rückversicherung AG – the Hannover Re subsidiary responsible for the Group’s German business – expects rising prices and improved conditions overall for the coming year in property and casualty reinsurance on the German market. Demand for reinsurance coverage from financially robust providers will continue to grow against the backdrop ...
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NewsInsured property market loss from Storm Ciara estimated at €1.5bn
Claims data from affected insurers shows that Germany was the country most impacted
