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Skuld-backed special purpose arrangement (SPA) Agora has received Lloyd's approval to become a syndicate, its third-party managing agent Asta said today
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The London binders market is braced for a round of losses from Hurricane Irma, even as it continues efforts to untangle the consequences of Harvey in Texas.
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Uncertainty over the likely industry losses from hurricanes Harvey and Irma has left the US property market in a state of flux as primary and reinsurance carriers attempt to unravel exposures and assess the potential implications for pricing, terms and conditions
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The London property direct and facultative (D&F) market is braced for a slew of claims stemming from Texan habitational accounts in the aftermath of Harvey.
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Novae has decided to shutter its US direct and facultative (D&F) (re)insurance operations in Bermuda, The Insurance Insider can reveal
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Everest Re has appointed former Maxum executive Darwin Lucas to head up its US casualty facultative program business, the reinsurer said today.
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Facultative reinsurance broker Julian Samengo-Turner is to return to the market after a four-year hiatus, sister publication Inside FAC has revealed.
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More than twice as many Golden State homeowners have signed up for earthquake insurance in the first six months of this year than normally buy California Earthquake Authority (CEA) coverage annually, the state-run carrier said today.
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Second quarter operating income at Scor Global P&C surged by 79 percent to EUR190mn ($221mn) as the reinsurer benefited from low catastrophe losses in the period.
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Aon Benfield is in the latter stages of putting together its second regional facultative reinsurance facility to package up capacity for UK, European and Middle Eastern clients, The Insurance Insider can reveal.
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The UK Prudential Regulation Authority (PRA) has said it expects all firms operating under the Solvency II regime to give "specific consideration" to their management of "silent" cyber exposures
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Argentina's Superintendent of Insurance Juan Pazo has detailed plans to reopen his country's market to foreign-owned admitted reinsurers at the 1 July renewals.