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Small data and insurance

For a medium supposed to set people free, it is amazing how the development of the worldwide web has corralled us into various silos.

Mark Geoghegan, 28 November 2017
First European cat covers price flat to +5%

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.

Adam McNestrie, 28 November 2017
Opinion: A long renewal

With just over a month to go before the 1 January reinsurance renewals, speculation about the future direction of rates is becoming almost as feverish as guesswork about the next royal nuptials

Adam McNestrie, 28 November 2017
Jefferies warns of potential inflation shock

Equity analysts at Jefferies have warned that low unemployment levels and expectations of interest rate rises have increased the risk of an inflation shock hitting casualty reserves, reinsurers' book values and reinvestment rates.

Charlie Thomas, 28 November 2017
Worldwide Facilities launches design professionals cover

US wholesale broker and MGA Worldwide Facilities has been appointed to place an A-rated insurance program for design professionals, underwritten by RLI subsidiary CBIC, Worldwide announced yesterday.

Adam McNestrie, 28 November 2017
Judge bars move to raid $200mn from state insurance fund

A Pennsylvania judge has temporarily blocked a plan by the state’s governor to seize $200mn from the Pennsylvania Professional Liability Joint Underwriting Association to fill a hole in the budget.

Dan Ascher, 28 November 2017
WR Berkley goes live with high net worth platform

WR Berkley has launched its personal lines platform for high net worth (HNW) clients Berkley One in Illinois a year-and-a-half after unveiling the unit.

Dan Ascher, 28 November 2017
AM Best goes negative on Sirius citing Phoenix deal

AM Best has put the ratings of Sirius under review with negative implications after the Bermuda-headquartered (re)insurer announced earlier today it had exercised its option to take a majority stake in Israeli insurer The Phoenix Holdings.

Dan Ascher, 28 November 2017
Ascot Re to focus on NA property cat

New Bermudian reinsurer Ascot Re will initially target global catastrophe reinsurance with a bias towards North America, Ascot CEO Andrew Brooks has said

Catrin Shi, 27 November 2017
Telematics start-up targets $100mn in capital raise

The team behind telematics MGA Insure the Box are planning to launch a new insurance vehicle with its own balance sheet that will initially target the UK motor market, The Insurance Insider can reveal.

Adam McNestrie, 27 November 2017

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