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PRA reveals carrier worries on facilities

The head of insurance supervision at UK regulator the Prudential Regulation Authority (PRA) has said the watchdog would probe deeper into the impact of facilities on carriers

Laura Board, 30 June 2017
Robson joins Standard Syndicate as claims head

Brit's former group head of claims Steve Robson has joined The Standard Syndicate 1884 as its new claims director.

Matthew Neill, 30 June 2017
PRA’s Rule warns on ‘over-optimistic’ views on pricing

The director of insurance supervision at the Prudential Regulation Authority has warned that carriers could be taking an "over-optimistic view" of pricing and may not have correctly assessed the risks associated with a broadening of policy terms and conditions

Laura Board, 30 June 2017
Property cat rates fall again at June, July: Willis Re

Property catastrophe reinsurance rates continued their downward trajectory at the June and July renewals, with buyers generally securing rate reductions in the low-to-mid single digits, according to Willis Re

Catrin Shi, 30 June 2017
Energy market ‘on the cusp’ of rate increases: JLT

Poor underwriting results and worsening loss ratios suggest the energy market is "on the cusp" of a pricing shift, according to JLT.

Matthew Neill, 30 June 2017
Irdai defers accounting rule implementation for insurers

The Insurance Regulatory and Development Authority of India (Irdai) has delayed the implementation date of new accounting rules for insurers from April 2018 to April 2020.

Charlie Thomas, 30 June 2017
Opinion: Hearts and minds

Brian Duperreault is wasting no time in his efforts to win hearts and minds at AIG.

David Bull, 30 June 2017
Aston Scott-backer confirms Lark acquisition

Aston Scott, the broker consolidator led by erstwhile Oval CEO Peter Blanc, has agreed to buy Lark Group for an undisclosed sum, the firm announced today.

Charlie Thomas, 30 June 2017
R&Q founders trim share holdings

Randall & Quilter (R&Q) co-founders Kenneth Randall and Alan Quilter have sold a combined £7.4mn ($8.4mn) of the company's shares in separate transactions

Matthew Neill, 30 June 2017
Unipol restructures insurance operations

Italian financial services provider Unipol is to transfer group-owned insurance businesses to its separately listed insurance division

Matthew Neill, 30 June 2017

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