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Insider View: JLT Specialty’s SMB drive

The brokers have a cogent case for imposing subscription market brokerage (SMB), as JLT Specialty has indicated to insurers it will now do more broadly

Insurance Insider team, 27 June 2017
Motor reinsurers aim to double rates at 1 July

Reinsurers are attempting to push through UK motor rate increases of as much as 100 percent at the 1 July renewals as they look to transform the pricing landscape following the swingeing reduction to the Ogden rate.

Catrin Shi, 27 June 2017
Suncorp strikes Tower takeover deal

Suncorp subsidiary Vero has won the battle to take over New Zealand insurer Tower, seeing off Fairfax Financial with a sweetened bid.

Charlie Thomas, 27 June 2017
Opinion: Israeli regulatory concerns

Rarely does a (re)insurance industry event pass without the obligatory and occasionally tired reference to the problems produced by regulation.

Matthew Neill, 27 June 2017
Neon promotes Dougall to deputy active underwriter

Specialty (re)insurer Neon promotes its former head of casualty, while hiring a new underwriting manager.

Matthew Neill, 27 June 2017
PCI calls on new Florida CFO to push AOB reform

The Property Casualty Insurers Association of America (PCI) has called on Florida’s new CFO Jimmy Patronis to help the drive for legislative reform to tackle the assignment of benefits (AOB) crisis in the state.

David Bull, 27 June 2017
Starr makes Bessinger domestic insurance CUO

Starr Companies has promoted Richard Bessinger to become chief underwriting officer of three of its domestic insurance entities, the Maurice “Hank” Greenberg-led firm said today

Dan Ascher, 27 June 2017
Alliant the frontrunner for Wells Fargo unit: reports

Alliant is the frontrunner in the process to buy Wells Fargo’s insurance broking and consulting business, according to reports.

David Bull, 27 June 2017
Fidelity National picks up Hawaiian title insurer

Fidelity National Financial has taken a majority stake in Title Guaranty of Hawaii, extending its reach in the US real estate market.

Dan Ascher, 27 June 2017
The Hartford offloads $1.6bn of pension liabilities on Pru

US insurance giant The Hartford has offloaded almost a third of its pension liabilities on Prudential Financial.

Dan Ascher, 27 June 2017

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