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Texas lawmakers pass limits on weather claims lawsuits

Insurers stand to gain some relief from abusive lawsuits in Texas, after lawmakers passed and sent a reform bill to Governor Greg Abbott today.

Ted Bunker, 18 May 2017
Names-backed syndicates’ profits set to rise for 2015

The majority of Names-backed Lloyd's syndicates look set to report a profit for the 2015 year of account (YoA), with the group generating a simple average midpoint return on capacity of 5.7 percent.

Charlie Thomas, 17 May 2017
New IFRS model poses a major challenge, experts say

Insurers implementing the International Accounting Standards Board (IASB)'s new IFRS 17 will find the process a major challenge due to the huge scale of the operation, according to Willis Towers Watson

Charlie Thomas, 17 May 2017
Names-backed syndicates’ profits set to rise for 2015

The majority of Names-backed Lloyd's syndicates look set to report a profit for the 2015 year of account (YoA), with the group generating a simple average midpoint return on capacity of 5.7 percent.

Charlie Thomas, 17 May 2017
New IFRS model poses a major challenge, experts say

Insurers implementing the International Accounting Standards Board (IASB)'s new IFRS 17 will find the process a major challenge due to the huge scale of the operation, according to Willis Towers Watson

Charlie Thomas, 17 May 2017
Everest Insurance hires MPL head

Bermuda-based carrier Everest Insurance has appointed Keith Lavigne as its new leader of management and professional liability within the Everest Specialty Underwriters unit

Matthew Neill, 17 May 2017
Rims backs US-EU ‘covered agreement’ for reinsurers

Global risk management trade body Rims has thrown its support behind the US-EU "covered agreement" aimed at harmonising transatlantic insurance regulation, saying it will "improve affordability and availability of reinsurance".

Matthew Neill, 17 May 2017
Lloyd’s carriers agree $89mn Sewol settlement: report

Lloyd's carriers have settled a dispute with Korean Re over 100bn won ($89mn) of stalled compensation payments related to the Sewol ferry sinking in 2014, according to a report.

Matthew Neill, 17 May 2017
Lloyd’s embarks on redundancy drive

The Corporation of Lloyd's wrote to all of its 1,100 staff yesterday to invite them to register their interest in voluntary redundancy, The Insurance Insider can reveal

Adam McNestrie, 17 May 2017
Nichols resurfaces as Baldwin & Lyons director

The majority of Names-backed Lloyd's syndicates look set to report a profit for the 2015 year of account (YoA), with the group generating a simple average midpoint return on capacity of 5.7 percent.

Matthew Neill, 17 May 2017

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