October 2016/4
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Serial industry entrepreneur Matt Fairfield now has more than 20 staff working for him in Zurich as his start-up Exin Re gears up for an ambitious launch, with a view of hitting a five-year target of $500mn of annualised premiums
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Scott Sayce, CNA Hardy's head of cyber, technology and life science, has left the firm to join Axa Corporate Solutions, The Insurance Insider understands.
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Peter Scales' start-up Blenheim Syndicate 5886 has been granted permission by Lloyd's to underwrite for the 2017 year of account
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At first glance it may seem a somewhat unlikely alliance. The old London market traders and the Bermudian ILS fund. Something just about as traditional as you can get, paired with the non-traditional
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Nephila has struck a deal with Peter Scales' Lloyd's start-up Blenheim that will see it become the core capital backer for the new syndicate, The Insurance Insider has learned
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Anne Plumb, head of international open market property at Novae, has resigned to become the active underwriter for Cobalt's recently approved Syndicate 1438, The Insurance Insider understands.
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Insurance carriers must grow just to stand still, Third Point Re chairman and CEO John Berger warned as he predicted further consolidation in the (re)insurance sector
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It's going to be a long winter in the global insurance village
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Newly enacted amendments to Insurance Regulation 68 in the state of Rhode Island could transform the US run-off market into a hotbed for M&A activity, according to a new report.
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Swiss Re is in talks with Berkshire Hathaway as part of a $1bn+ internal restructure of its legacy business that will put important new regulations for run-off books in the US to the test, The Insurance Insider can reveal
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There is a growing interest from insurers in structuring reinsurance transactions that help release capital tied up in reserves, in a bid to make their balance sheets more efficient and maximise returns.
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