Munich Re
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The rationale of some MGAs will disappear as Lloyd’s gets tough on performance, warns Munich Re Syndicate's CUO.
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European reinsurers may take hit on treaties
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Reinsurers saw marginal improvements in rates at the mid-year renewals.
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Market share data points to about a 1 percent loss share for both Scor and Hannover Re, notes analyst Philip Kett.
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The class of business reported a combined ratio of 130.3 percent for the year.
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The reinsurer sees greater opportunity in providing cyber cover for smaller businesses.
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The carrier has made a range of staff changes as it launches a Strategic Partners division.
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The legacy carrier would use the Lloyd's platform to access the reinsurance-to-close market. -
The German reinsurer’s gross written premium rose to $37.8bn to reclaim the top spot in AM Best’s rankings.
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The buyer's HSB subsidiary will work with the new unit to develop risk management and other solutions for industrial clients.
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Artur Klinger replaces Jean-Luc Bourgault ahead of the latter's retirement next year.
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The group has hired Steven Weiss and Ben Tucker to expand its US presence.
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