July 2014/1
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Integro's board and investors are fully behind the strategy to continue building an independent, privately owned broker as it delivers strong top-line growth and improving margins, according to new chairman John Clements
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Reinsurance capital grew by 2.7 percent in the first quarter of 2014 to reach a new record high of $555bn, according to reinsurance broker Aon Benfield
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Tasty summer hailstorm loss served up by France, Belgium and Germany
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Munich Re, Allianz, AIG and Ace are among the downstream energy carriers set to take significant hits after a major fire at Russian oil company Rosneft's Achinsk refinery, sister title Inside FAC revealed
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After a brutal period in which casualty treaty ceding commissions have swollen dramatically, the mid-year renewals have shown some signs that the rate of softening is easing off, according to Willis Re head of global casualty lines Andrew Newman
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After 18 months of wounding catastrophe rate reductions, whose impact has thus far been masked by the absence of major losses, reinsurers are wondering when it will all end
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Travelers tops up cheaply while Ace is aggressive...
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Australian mega-cedant Suncorp has again demonstrated its ruthless approach to reinsurance purchasing by slashing the panel of reinsurers on its A$5bn cat treaty
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Reinsurers taking on UK cat risk at 1 July did so at pricing that was 30 percent down on 2012/13 levels after swingeing reductions
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Floridian start-up uses savings to buy more
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Weekly share price data on The Insurance Insider's universe of P&C (re)insurers
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No surprises from the perma-soft diversifier
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Catlin, the lead reinsurer of the International Group of protection and indemnity (P&I) clubs, has exhausted its own retrocession protection after the latest deterioration in the cost of removing the Costa Concordia wreck
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Lloyd's stocks ventured down the path to recovery in early July, after our composite achieved an average gain of 4.23 percent following weeks of decline.
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Softening spreads; Endurance expands; Arch reshuffles; Rate moderation; Swiss combine; Amlin builds; Arthur avoids...
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AIG subsidiary Lexington Insurance Group has become embroiled in another multi-million dollar litigation dispute over a Sandy loss, this time in relation to a wind-versus-flood dispute for damage to a racecourse.
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Cargo insurers will be allowed to join Mitsui OSK Lines (MOL) in a Japanese lawsuit against shipbuilder Mitsubishi Heavy Industries (MHI) for damages from last year's sinking of the MOL Comfort container ship, according to legal reports
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The sale of UK-based legacy business Compre is likely to consist of a replacement of one private equity backer with a fresh one, market sources have told The Insurance Insider.
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The industry should take "baby steps" towards implementing electronic placing to ensure its success, according to industry experts speaking at the Xchanging London 100 working group roundtable earlier this month
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Global insurance group Ace earlier this month confirmed a deal to buy the large corporate P&C business of Itaú Seguros from its Brazilian banking parent Itaú Unibanco for approximately 1.515bn reais ($685mn)
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Reforms to UK insurance commercial contract law have gathered momentum after the consultation period for the final draft of the Insurance Contracts bill ended earlier this month (2 July)
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The Prudential Regulation Authority (PRA) has increased its budget estimate for 2014/15, according to a July policy statement on regulated fees and levies released by the regulator
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Nine insurers deemed systemically important financial institutions (Sifis) are preparing for the announcement of the International Association of Insurance Supervisors' (IAIS) basic capital requirements (BCR), due this October
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A subtle shift away from macro positioning is expected
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