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Willis lands major natural resources accounts after collapsed Aon merger

Account wins include Swedish steel manufacturer SSAB and iron ore producer LKAB, both won from Aon.

Darag’s group COO Hill departs for McGill and Partners

Andrew Hill had served as group COO at the legacy specialist since 2019.

Victor to close Syndicate 2288 for 2022

Sources said the syndicate had absorbed heavy losses in 2020 and was also facing capital charges to support cat-exposed business.

Allianz targets 5%-7% annual EPS growth, 92% combined ratio for P&C

For the carrier’s P&C business, the company said it would focus on annual revenue growth of 3%-4% between 2022 and 2024.
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London market pricing in 2022: Is the party over?

The market is assessing whether planned single-digit rate rises will outstrip burgeoning claims inflation.
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The Irma counter-reaction: Hopes grow that $35bn Ida estimate will prove over-done

Nearly three months on, the event still seems heavily stacked towards residential claims.

European reinsurers at Q3: The cat question

Swiss Re, Munich Re, Hannover Re and Scor have set out divergent strategies on cat as volatility increases and the retro market seizes up.

Insurance market walks the energy transition tightrope

Sources say the insurance industry will not walk away en masse from existing clients.
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From Inside P&C

Short interest and short borrow fee rate update: InsurTechs catch a small break

Short interest fell in InsurTechs, but not enough to ease the pressure on the sector.
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From Trading Risk

Is the most efficient reinsurance capital showing itself to the door?

Cat risk-takers are benefitting from some money leaving the sector, but is this disruption creating inefficiencies as well?
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From Inside P&C

P&C call sentiment: Management’s carefully tailored perspective

Insurance carriers tend to favor a negative outlook during their earnings calls, even when its unwarranted.
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From Insider Engage

Howden HX's Flandro: Use Data to Tell The Story

The biggest challenge that insures face today is using all of their data to make the best decisions, said David Flandro, head of analytics for Howden HX.
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