Property
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Large account commercial P&C premiums lead downward trend: CIAB
US commercial P&C rates declined in Q4 across small, medium and large accounts for the eighth consecutive quarter, according to…
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A good year ahead for Asian insurance buyers: Aon
Overall, 2017 should be a positive year for risk managers and insurance buyers, thanks to abundant capacity and decreasing rates,…
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International reinsurers flock to Mumbai to tap “huge opportunity”
International reinsurers continue to announce the creation of onshore reinsurance operations in India following the recent relaxation in rules designed…
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Flood model launched for Vietnam on back of insurance market boom
JBA Risk Management, the London-based risk modelling firm, has released what it says is the first ever high resolution, multi-peril flood model…
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Berkshire Hathaway expands to Malaysia and makes plans for Japanese cat market
US-based insurance and reinsurance group Berkshire Hathaway continues its energetic drive into the corporate insurance market in the Asia-Pacific region,…
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S&P rates China P&C and life insurance markets
China's P&C and life insurance sectors have been rated as intermediate risk by S&P Global Ratings. S&P said its assessment…
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StarStone establishes MGA joint venture in Dubai
StarStone, the global specialty insurer and subsidiary of Enstar Group, has formed a joint venture partnership with Malakite Underwriting Partners,…
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Chubb appoints Dmitriev to drive emerging market growth
Nikolay Dmitriev, Chubb’s regional managing director for Russia, CIS and Turkey, is to take on the additional role of regional…
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Insured catastrophe losses reach four-year high: Aon
Worldwide insured catastrophe losses totalled $54bn last year, making 2016 the costliest year for insurers since 2012, according to Aon…
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Business interruption tops Allianz risk poll in Asia
The threat of business interruption is the main concern for Asian businesses according to a global survey of more than…
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Chubb appoints Müller as European property director
Chubb has appointed Alf Müller as property and technical lines director for its continental Europe clients. Based in Paris, Mr…
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Oasis cat model framework offers risk managers new insight
A new catastrophe modelling framework should help corporate risk managers gain better insight into the risks faced by their companies.…
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S&P assesses industry and country risk of Turkish P&C sector
The industry and country risk for the Turkish property and casualty (P&C) insurance sector is moderate, according to an assessment…
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Reinsurance prices fall further at renewal but pace of decline slows
Reinsurance buyers saw further price reductions at the January 2017 renewal, although the rate of reductions slowed, according to brokers.…
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Cat losses hit XL for $245m in Q4
XL Group has estimated net losses of $245m for catastrophe claims in the fourth quarter of 2016. Ahead of releasing…
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Nat cat losses at highest level for four years
A number of major earthquakes and powerful storms made 2016 the most expensive twelve months for natural catastrophe losses in…
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Toby Sawyer heads up AEGIS London property book
AEGIS London has promoted Toby Sawyer to head of property. Mr Sawyer has worked as deputy head of property since…
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Cat losses rocket in 2016, widen the protection gap
Catastrophe losses have risen sharply in the last year with Asia bearing most responsibility for the spike, and further underlining…
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Insured catastrophe losses total $49bn in 2016
Hurricane Matthew, earthquakes and storms increased insured catastrophe losses to $49bn in 2016 up from $37bn last year, according to…
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Africa adapting to climate change challenges
Less than a year after the World Bank unveiled and began supporting implementation of its ambitious Africa Climate Business Plan…
