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US commercial rates changed little in Q3: Willis & CIAB

Primary commercial pricing remained little changed in the US during the third quarter, according to two recent surveys.

Ted Bunker, 12 December 2017
Lloyd’s signals growth with wave of start-ups

Next year is on course to be the busiest since 2013 for start-ups at Lloyd's, following a swathe of approvals for both full syndicates and special purpose arrangements (SPA).

Charlie Thomas, 12 December 2017
Allstate embarks on $300mn share repurchase

Allstate has embarked on its latest round of share buy-backs, enlisting Morgan Stanley to scoop up $300mn-worth of shares between now and 8 February.

Bernard Goyder, 12 December 2017
Quantemplate gains $3.3mn of backing from Columbia Lake

InsurTech Quantemplate has received £2.5mn ($3.3mn) of capital from new investor Columbia Lake Partners and named a CEO.

Bernard Goyder, 12 December 2017
Opinion: Wildfires and climate change

If California governor Jerry Brown is right, insurers can look forward to many more prolonged and extraordinarily destructive wildfire seasons even after the current record spate recedes

Ted Bunker, 12 December 2017
P&C impairments rose in 2016, driven by Tower: AM Best

Impairments in the US property and casualty sector rose to 14 last year compared with 2015, but the majority were members of the defunct Tower Group, AM Best said today.

Ted Bunker, 12 December 2017
AM Best upgrades Zurich rating outlook to stable

AM Best has revised the outlook on Zurich Insurance Group's A+ financial strength rating to stable from negative, citing the firm's recent restructuring of the P&C operations.

11 December 2017
Perils puts Herwart property loss at EUR252mn

Catastrophe data aggregator Perils has estimated the property insured loss from Extratropical Cyclone Herwart as EUR252mn ($297mn).

Catrin Shi, 11 December 2017
R&Q enters two UK motor underwriting agreements

Randall & Quilter's (R&Q) Malta subsidiary has established delegated underwriting agreements with UK motor insurance providers Xpekt and Blagrove Underwriting Agency.

Catrin Shi, 11 December 2017
BHSI lines up AIG’s Cerase as Dubai chief

Alessandro Cerase is set to leave AIG to become head of Berkshire Hathaway Specialty Insurance (BHSI)'s Dubai branch when it secures regulatory approval, The Insurance Insider can reveal.

Adam McNestrie, 11 December 2017

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