November 2017/4
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The slow encroachment of the Canadian pension funds into (re)insurance is one of the phenomena of the prevailing low interest rate environment.
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The Canada Pension Plan Investment Board (CPPIB)'s backing of Bermudian reinsurer Ascot Re is a further $1bn commitment to the (re)insurance industry by the pension fund.
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An expected hardening in (re)insurance pricing may not be enough to offset pressure from high expenses and lower reserve releases at London market carriers, Fitch Ratings has warned.
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For a medium supposed to set people free, it is amazing how the development of the worldwide web has corralled us into various silos.
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The first European catastrophe reinsurance renewals have priced, and may point the way towards low single-digit rate increases for international cat accounts at 1 January.
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