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Perils lifts Debbie loss estimate to $1.3bn

Catastrophe loss data specialist Perils has disclosed its third loss estimate for Tropical Cyclone Debbie, pegging the insured loss at A$1.7bn ($1.3bn)

Charlie Thomas, 28 September 2017
Lloyd's sees $4.5bn impact from Harvey and Irma

Lloyd's of London has estimated that net claims from Hurricanes Harvey and Irma could reach $4.5bn.

Charlie Thomas, 28 September 2017
Opinion: P&C Pollyannas

Investors in P&C stocks are displaying levels of optimism last seen during the presidency of Woodrow Wilson, when fictional orphan Pollyanna spread good cheer and positivity among the citizens of Vermont

Laura Board, 28 September 2017
Generali unveils plan to restructure German operations

Italian insurance giant Generali has announced a restructuring of its German business which will see its 10 product groupings consolidated into one and its life business Generali Leben put into run-off.

Charlie Thomas, 28 September 2017
Lloyd’s first half profits fall 17%

Lloyd's reported a near-17 percent decrease in underlying profits for the first six months of the year, taking the total to £1.22bn ($1.64bn), after an improved underwriting result failed to offset continued market pressures.

Charlie Thomas, 28 September 2017
Program start-up Trisura Specialty gets AM Best rating

Hybrid US program fronting carrier Trisura Specialty is ready to begin underwriting after securing its A- financial strength rating from AM Best.

David Bull, 28 September 2017
Chubb says Harvey-Irma losses up to $1.6bn

Global (re)insurer Chubb has put out preliminary loss estimates for third quarter hurricanes Harvey and Irma with a combined upper range of $1.6bn before tax.

David Bull, 28 September 2017
Workers comp premiums hit record high in 2016

Workers compensation premiums hit a record high of $58.5bn last year despite ongoing pricing pressure, according to a new study from AM Best.

Dan Ascher, 28 September 2017
Lombardi resurfaces at fast-growing NFP

Former Aon executive Henry Lombardi has re-emerged at NFP as an executive vice president in the expansive broker and consultant’s P&C division.

David Bull, 28 September 2017
Aon accuses Willis of unfair competition over CFO hire

Aon has sought to block the appointment of Michael Burwell as Willis Towers Watson CFO by claiming it would amount to unfair competition.

Dan Ascher, 27 September 2017

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