Tony Dowding
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Analysis & Opinion
Collective actions on the rise in Germany and Europe – Dieselgate as game changer?
For many years, the pros and cons of collective redress have been intensively discussed in Germany and Europe, with the…
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Captives
Strategic Risk Solutions opens European operation in Dublin
Strategic Risk Solutions (SRS) has launched a European operation, Strategic Risk Solutions Europe, based in Dublin, Ireland. The new operation…
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Captives
Ireland, Bermuda and Cayman rated by OECD’s Global Forum on Tax Transparency
The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated Ireland as ‘compliant’ and Bermuda…
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CRE Insurance
Zurich’s half year results hit by Ogden change, but second quarter sees improvements
Zurich Insurance has reported a small increase in business operating profit for the first six months of 2017 to $2.167bn…
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Captives
Willis Towers Watson hires employee benefit captive expert
Paul Devitt, an employee benefit captive consulting expert, has joined Willis Towers Watson as a director in its global services…
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CRE Legal Regulation
Protectionist measures in Indonesia, Turkey and Argentina highlighted by Insurance Europe
Insurance Europe has published updated country fact sheets for Indonesia, Turkey and Argentina. The fact sheets highlight a range of…
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CRE Insurance
Ratings agencies see continued reinsurance price softening
Global reinsurance pricing continues to weaken, with little sign of any hardening, according to ratings agencies. This is despite low…
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Global Risk Manager
US property/casualty sector sees rating upgrades outpace downgrades, says Best
The US property/casualty industry has seen favourable credit rating activity in the first half of 2017, with upgrades outpacing downgrades,…
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Captives
Captive benefits outweigh insurance market’s competitive pricing, says AM Best panel
The advantages of a captive outweigh the competitive pricing found in the marketplace, according to a captives leader panel hosted…
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CRE Insurance
Allianz reports big rise in net income in second quarter 2017
Allianz has reported an 83.4% rise in net income in the second quarter of 2017 to €2.0bn, with total revenues…
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Africa
Global insurance M&As decline in first half of 2017 says Clyde & Co report
Mergers and acquisitions (M&A) worldwide in the insurance industry have continued to decline, reaching a two-year low, according to Clyde…
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Captives
US rated captives continue to perform strongly, says Best
AM Best-rated US captives saw pre-tax profits increase by nearly 16% in 2016 to $1.6bn, with premiums increasing by 3.2%,…
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CRE Insurance
Axa reports P&C earnings and revenue growth in first half of 2017
Axa has reported a 6% increase in property and casualty (P&C) earnings to €1.35bn in the first half of 2017,…
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CRE Insurance
EU insurance sector’s risk exposure remains stable, says EIOPA
The risk exposure of the insurance sector in the EU remained stable in the first quarter 2017, according to the…
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CRE Insurance
Insurance Europe calls for less prescription in IAIS’s reinsurance ICP
Insurance Europe has called on the International Association of Insurance Supervisors (IAIS) to refrain from being overprescriptive in certain provisions…
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CRE Insurance
Record level of non-life ILS issuance in second quarter, says Willis
Non-life insurance-linked securities (ILS) issuance has reached record levels, with $6.3bn in the second quarter 2017, according to the latest…
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Global Risk Manager
Onshore coverholders approved by Uruguyan regulator, says Lloyd’s
Uruguayan regulator, the Superintendencia de Servicios Financieros, has confirmed the use of onshore coverholders is allowed in Uruguay, according to…
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CRE Legal Regulation
Clyde & Co launches ninth US office
Law firm Clyde & Co has opened an office in Los Angeles and hired Jim Koelzer, a lawyer with considerable…
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CRE Insurance
UK introduces new rules for insurance-linked securities to boost market
The UK government has published new rules for insurance-linked securities (ILS) that aim to keep the UK at the forefront…
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CRE Insurance
Premium falls but net results grow for 15 largest European insurance groups, Mapfre research finds
Premium income for the 15 largest European insurance groups fell by 1% in 2016 against the previous year, to €575.9m,…