January 2017/3
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The $4bn price tag Onex has pinned on its up-for-sale US insurance broker USI represents a near 12x multiple of the intermediary's Ebitda.
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Argo and Swiss Re have replaced Aspen as underwriters of Brownstone programme business in New York and Massachusetts
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Argenta looks set to confound expectations of narrowing sale multiples for Lloyd's businesses if it can get a deal with one of its final-round bidders over the line
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The search for the next Lloyd's chairman, which was due to conclude in mid-December, has been delayed further and it could be March before a decision is made on John Nelson's successor, The Insurance Insider has learned
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Generali's push to remove EUR300-EUR400mn ($318mn-$424mn) of old US casualty liabilities from its balance sheet is indicative of a wider trend of carriers examining their back books in order to achieve higher operational efficiency
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The news that a thinly reserved construction claim from 2009 - Noreco - could now cost energy insurers hundreds of millions of dollars will push the upstream market just that little closer to breaking point
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The popular block-balancing game Jenga is a great way of instilling an understanding of risk management in young and old alike
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The upstream energy market has appealed to overturn a judgment that would force it to pay a claim worth $470mn that sources indicated was reserved until the fourth quarter in the low tens of millions
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