Property
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MS Amlin appoints O’Donnell as senior underwriter
Specialty Lloyd’s insurer MS Amlin Underwriting has appointed Nathan O’Donnell as senior underwriter for its property book. O’Donnell joins MS…
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Strong growth appetite in London market, Howden report reveals
The London market is expecting to see strong growth appetite, given the current rating environment, with net growth in all…
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Filling the gaps – the rise of parametric solutions for corporates
There is a growing interest in parametric solutions from corporates in recent times, driven by the challenging conditions in the…
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Bermuda-based MGA Arcadian Risk Capital reports strong first-year growth
Bermuda-based MGA Arcadian Risk Capital has reported more than $225m in gross written premium in 2021, its first year of…
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MGA Rokstone in €1m fac property binder agreement with Slovenian insurer
Speciality MGA Rokstone has entered into a binder agreement with Slovenian insurer Zavarovalnica Triglav, to provide the MGA with an…
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Expanding insurer appetite globally, but increased scrutiny and risk differentiation, says Aon report
In global terms, pricing increases have moderated and volatility has stabilised, with the most notable exception of cyber, according to…
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Moderating prices in Europe despite tight capacity says Aon
Insurance pricing for EMEA and UK risk managers is moderating but remains elevated for cyber, US-exposed, natural catastrophe and automotive…
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New senior underwriter for Brace Underwriting
Brace Underwriting has appointed Neil McMillan as senior underwriter. He will be based in London and report to Adam Holberry,…
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QBE teams with software platform to boost global digital risk management offering
QBE has teamed with Risk Solved to deliver its new global digital risk profiling solution QRisk, which gives customers access…
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European storm losses converge between €3bn and €5bn with Eunice most costly for 15 years
Insured losses from recent European storm losses are settling in the €3bn to €5bn range, after two more estimates came…
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Best predicts underwriting loss for US P&C insurance industry in 2021
The US property and casualty (P&C) insurance industry is predicted to make an underwriting loss in 2021, according to AM…
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New Zealand insurance market stable but with difficult pockets, says broker
The New Zealand insurance market remains stable despite a somewhat uncertain economy, according to broker Crombie Lockwood’s New Zealand Insurance…
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Fitch says insured losses from European storms could hit €5bn
The forecast for the insured losses caused by storms Dudley, Eunice and Franklin, which battered much of northern Europe in…
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Best downgrades outlook for MS Amlin’s reinsurance arm to negative on ‘weakening performance’
AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) of MS Amlin’s reinsurance arm MS Amlin AG (Switzerland)…
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Dutch insurers estimate €500m storm losses as European bill nears €3bn
The Dutch insurance association, Verbond van Verzekeraars (VVV), has forecast that insured damage caused by the three storms to hit…
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Charles Taylor names new head of Australia and New Zealand as it targets growth
Loss adjuster Charles Taylor has appointed Mark Thompson as regional head of Australia and New Zealand operations as it looks…
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LSM installs Previsico flood sensors for higher-risk policyholders
Liberty Specialty Markets (LSM) said it has become the first UK insurer to install internet of things (IoT) sensors to…
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UK storms could cost insurers more than £400m, says Moody’s
Storms that hit the UK during the last few days could cost the country’s insurers more than £400m, according to…
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UK and German insured storm losses likely to top €1.4bn
Estimates of the insured losses from storms that hit the UK and Germany mainly over the weekend are building, and…
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Miller forms Caribbean property team
Miller has formed a Caribbean property team with the hiring of three new employees from Amwins Global Risks. Miller said…