Tony Dowding
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CRE Insurance
Reinsurance underwriting cycle turns but modest price rises, says Fitch
The reinsurance underwriting cycle may finally have turned, but price rises look modest, according to Fitch Ratings, suggesting that the…
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CRE Insurance
Beazley sees sharp rise in combined ratio for 2017
London-based specialty insurance group Beazley plc expects to report a combined ratio of 99% for the year ended 31 December…
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CRE Insurance
Third-quarter results show catastrophes not a capital event – Best
Despite the fact that total industry losses from the third-quarter 2017 catastrophes may be upwards of $90bn, and significantly impacted…
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Global Risk Manager
International Programme News’ predictions for 2018
As an aid to global risk and insurance managers, to help them through the dark days of January, Insurance Programme…
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CRE Insurance
New report examines insurers’ readiness for IFRS 17
A Global IFRS 17 Readiness Assessment (GIRA) report has been published by Aptitude Software to assist chief financial officers (CFOs)…
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CRE Insurance
JLT Specialty appoints global CEO
Lucy Clarke has been appointed as chief executive of Jardine Lloyd Thompson Group’s worldwide insurance broking activities, with the title…
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Captives
Vermont and Arizona report captive growth in 2017
Vermont licensed 24 new captives in 2017, while Arizona issued 11 captive licences last year. The Vermont Department of Financial…
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Captives
Strategic Risk Solutions Europe appoints associate director
Strategic Risk Solutions Europe (SRS Europe) has appointed Annette Heaney as associate director and head of finance, Europe, to support…
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Global Risk Manager
Pioneer launches Latin American hub based in Mexico City
Pioneer Underwriters has launched its Latin American business with the opening of a regional hub in Mexico City. Pioneer said…
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AIG
Supporting the business traveller
Employees of multinational firms are no strangers to the needs and demands of business travel, whether it be sales teams,…
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CRE Insurance
Neon launches UK’s first ILS vehicle and transaction
Lloyd’s insurer Neon has launched an insurance-linked securities (ILS) vehicle, NCM Re (UK PCC) Ltd, the first UK-domiciled protected cell…
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Global Risk Manager
Best revises outlook for US commercial lines sector from negative to stable
The outlook for the commercial lines segment of the US property/casualty industry has been revised by AM Best to stable…
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Asia
New CEO for Labuan’s promotion and marketing agency
Farah Jaafar-Crossby has been appointed as the new chief executive officer of Labuan International Business and Financial Centre Incorporated Sdn…
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Asia
IMF highlights need for risk-based solvency and supervision of insurers in India
A Financial System Stability Assessment (FSSA) of the Indian financial sector, by the executive board of the International Monetary Fund…
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Captives
Cayman captive sector generates $100m for economy in 2016
Cayman’s captive insurance industry generated $100m for the island’s economy in 2016, according to the Insurance Managers Association of Cayman…
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Global Risk Manager
Brazilian insurers to focus on underwriting discipline
Brazilian insurers will have to focus on improving their underwriting in 2018 if they are to maintain profitability, according to…
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Asia
Impact of third-quarter losses on reinsurance market – Moody’s and Best
The reinsurance market is transitioning to higher rates, as third-quarter profits were hit hard by the three major hurricanes in…
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CRE Insurance
Generali sells UK non-life run-off portfolio to Compre Group
Generali has entered into an agreement to sell the non-life run-off portfolio of its UK branch, consisting of €300m of…
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Global Risk Manager
Digital capabilities transforming global programmes (Part Two)
In the second article on digital capabilities and global programmes, Zurich’s Carin Gantenbein and Armin Schaefer explain how the insurance…
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CRE Insurance
Miller: Buyers should ensure brokers are ready for challenging market
Next year is likely to be more challenging for buyers and they should make sure that their brokers are up…