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Ogden dents Canopius syndicate’s 2015 YoA: Argenta

Canopius's Syndicate 958 has revised its profit forecast for the 2015 year of account (YoA) downwards, after the change to the Ogden discount rate and other factors hit profits.

Charlie Thomas, 24 July 2017
ITI Re may surrender licence on regulatory barriers: report

India's first private market reinsurer ITI Re is considering the possibility of surrendering its licence due to regulatory issues in the country, including credit rating stipulations and obligatory cession rules.

Matthew Neill, 24 July 2017
AM Best affirms Sirius despite Minsheng concerns

AM Best has affirmed the credit ratings of Sirius and its main subsidiaries despite what it called the "materially weaker" credit profile of the (re)insurer's parent, China Minsheng Investment Group Corp

Laura Board, 24 July 2017
Brit takes Catlin legacy US yacht portfolio

Brit Global Specialty USA has struck a deal with XL Catlin to secure the renewal rights of the legacy Catlin yacht portfolio in the country.

Matthew Neill, 24 July 2017
Blue Marble teams up with conservation group in LatAm

Industry-backed microinsurer Blue Marble has teamed up with conservation group The Nature Conservancy to reduce the impact of climate change and increase coverage in Latin America

Dan Ascher, 24 July 2017
Opinion: London calling

The UK's attempt to get a local hub for ILS business up and running has encountered a fair amount of classically glum British scepticism in the past couple of years

Fiona Robertson, 24 July 2017
Beazley adds Asia FI head

London market carrier Beazley has hired Nicholas Tey as its new regional manager for financial lines business in Asia.

Matthew Neill, 24 July 2017
US Risk picks up trucking MGA

Expansive specialty underwriter and wholesaler US Risk has sealed a deal to buy trucking broker and managing general agent Strategic Insurance Underwriters, The Insurance Insider can reveal.

Dan Ascher, 21 July 2017
Aon sells out of Indian JV: reports

Indian broker Global Insurance Services has reportedly bought Aon's entire 26 percent stake in the firm for an undisclosed sum.

Charlie Thomas, 21 July 2017
Markel appoints Mathur to lead entry into India

Markel International has hired Indian insurance veteran Deepika Mathur to lead its forthcoming venture on the Lloyd's India platform

Charlie Thomas, 21 July 2017

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