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Standard Syndicate hires Derrick as cargo underwriter

The Standard Syndicate has appointed Nick Derrick, the International Union of Marine Insurance cargo committee’s chairman, as cargo class underwriter.

Charlie Thomas, 14 November 2017
Sabre plans £213mn IPO

UK motor insurer is to launch an IPO on the London Stock Exchange expected to be worth about £213mn ($280mn)

Catrin Shi, 13 November 2017
AmTrust shares drop 7.9% after analyst cuts rating

AmTrust shares fell 7.9 percent to a multi-year low in New York trading today after one of the few remaining analysts that was bullish on the stock downgraded it from "market outperform".

David Bull, 13 November 2017
Third Point Re’s Bredahl urges patience with pricing

Third Point Re CEO and president Robert Bredahl has told analysts that while reinsurance rate declines had ended, it could be 24 months before pricing reaches a new high

Charlie Thomas, 13 November 2017
Dale SPA receives approval from Lloyd’s

Dale Underwriting Partners' special purpose arrangement (SPA) has received approval from Lloyd's, the firm announced today.

Charlie Thomas, 13 November 2017
Tom structured data capture widens remit

Six new classes of business and multi-section market reform contracts have been included in the Target Operating Model (Tom)'s structured data capture service.

Catrin Shi, 13 November 2017
FCA issues consultation paper on levy changes

The UK's financial regulator, the Financial Conduct Authority (FCA), is consulting on a range of proposals which will change how the watchdog is funded.

Charlie Thomas, 13 November 2017
GFIA calls for insurance capital standard delay

The Global Federation of Insurance Associations (GFIA) has urged insurance supervisors to delay the new worldwide insurance capital standard (ICS), arguing that the timeline is too ambitious

Laura Board, 13 November 2017
Retrocession prices will rise across the board: Wallin

Hannover Re CEO Ulrich Wallin has told analysts and investors that he expects retrocession prices to increase across the board at 1 January.

Charlie Thomas, 13 November 2017
Howden enters Oman with broker acquisition

Retail broker Howden has entered the Omani market through the purchase of New Generation Insurance Services for an undisclosed sum.

Laura Board, 13 November 2017

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