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Industry structure plus no skin in the game means no sustained hard market
Earlier this week, The Insurance Insider reported that reinsurance market sentiment has “hit its highest level in years, with mounting confidence that gathering pricing momentum can be sustained beyond 2019”.
Gavin Davis
,
19 July 2019
ABI mulls legal action against UK government on Ogden
General insurance policy director James Dalton says “all options are on the table”.
Laura Board
,
19 July 2019
US brokers’ organisation takes issue with Senate NFIP reforms
Independent Insurance Agents & Brokers of America argues that proposed reforms would reduce take-up rates and prevent growth in the private market.
Anna Sagar
,
19 July 2019
Acrisure prices upsized $400mn debt issue
The broker will use proceeds for M&A.
Samuel Casey
,
19 July 2019
ABI demands re-work of Gauke’s ‘disingenuous’ Ogden assessment
The trade association criticised the justice secretary’s rationale for the smaller-than-forecast rise in the personal injury discount rate as flawed.
Laura Board
,
19 July 2019
In insurance we deal in material uncertainty and the materiality of that uncertainty is changing all the time
Life used to be so simple.
Mark Geoghegan
,
19 July 2019
Catalina names Armour’s Ryland as new UK CEO
The executive joins after nearly a decade at the Bermuda carrier's legacy peer.
Samuel Casey
,
19 July 2019
Generali to buy Portuguese assets from Apollo for $674mn
The addition of Tranquilidade will make the Italian carrier Portugal's second-largest non-life insurer.
Anna Sagar
,
19 July 2019
RMS caps Barry losses at $500mn
Half of the insured loss arising from Barry will fall on the National Flood Insurance Program, the risk modeller predicts.
Christopher Munro
,
19 July 2019
UPC estimates $16mn in net Q2 cat losses
Adverse development from the 2018 accident year adds another $15mn to the tally.
Laura Sanicola
,
19 July 2019
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