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Hochheim Prairie group may face downgrade by S&P
S&P Global yesterday placed Hochheim Prairie Farm Mutual on CreditWatch with negative implications, citing "sizable losses" from Hurricane Harvey during a period when the P&C carrier typically rebuilds its capital.
Ted Bunker
,
29 November 2017
ILS legislation passed by UK parliament
Risk transformation regulations that will allow for an insurance-linked securities (ILS) regime in the UK have been passed by parliament
Lucy Jones
,
29 November 2017
Hambro Perks secures Aspen paper for InsurTech accelerator
Global (re)insurer Aspen has agreed to provide capacity to newly launched InsurTech accelerator InsurTech Gateway.
Bernard Goyder
,
29 November 2017
Lloyd’s HIM claims payments hit $1.7bn
Lloyd's has so far paid $1.7bn in claims arising from hurricanes Harvey, Irma and Maria, the Corporation said in a statement.
John Hewitt Jones
,
29 November 2017
Swiss Re the lead reinsurer for top California P&C carriers
Swiss Re has emerged as the largest reinsurer for the biggest Californian primary P&C writers, with nearly $2.0bn of premiums assumed in 2016 and reinsurance relationships with seven out of the top 10 regional insurers, analysis from The Insurance Insider shows
Iulia Ciutina
,
29 November 2017
Allianz X strategy switches away from start-ups
Allianz has altered its technology strategy by turning its Allianz X "company builder" division into an investor in more established businesses of strategic value to the group
Bernard Goyder
,
29 November 2017
Markel closes purchase of ECIC
Markel International has completed its acquisition of UK electrical contractors specialist EC Insurance Co (ECIC), having received approval from the Prudential Regulation Authority
Charlie Thomas
,
29 November 2017
O’Flaherty departs as JLT Mena CEO
JLT's Middle East and North Africa CEO John O'Flaherty has left the broking house, The Insurance Insider understands.
Bernard Goyder
,
29 November 2017
Opinion: Back on the offensive
What goes up must come down...
David Bull
,
29 November 2017
LMG presents post-Brexit free trade accord for insurers
The London Market Group (LMG) has devised a free trade agreement (FTA) for the insurance sector that it hopes will serve as a blueprint when Brexit negotiations move on to trade issues.
Laura Board
,
29 November 2017
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