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Helvetia launches InsurTech venture fund

Switzerland’s Helvetia Insurance is launching a venture financing arm which aims to invest about CHF55mn ($54 mn) in InsurTech companies and other start-ups focused on digital technology.

Laura Board, 12 January 2017
TheCityUK sets out Brexit priorities

A City of London lobby group appears to have recalibrated its Brexit negotiating position after it today called for a "bespoke deal" for the UK financial services sector.

Laura Board, 12 January 2017
The Hanover drops 5% on analyst downgrade

Shares in The Hanover have fallen more than 4 percent in morning trading in New York after an analyst downgraded his performance targets for the group

Matthew Neill, 12 January 2017
Cincinnati pegs Q4 cat impact at up to $85mn

US carrier Cincinnati Financial has estimated its pre-tax catastrophe loss burden for the fourth quarter at $75mn to $85mn.

Matthew Neill, 12 January 2017
Opinion: Burying 1.1

I don’t know how much reinsurance business renews at 1.1, but I know it is too much.

Adam McNestrie, 12 January 2017
Barents Re powers into renewables with Sciemus hires

Barents Re has recruited two renewable energy underwriters from Lloyd's managing general agency Sciemus

Bernard Goyder, 12 January 2017
Probitas hires AGCS PI underwriter

Probitas 1492 has expanded its financial lines team with the hire of professional indemnity (PI) underwriter Kiran Wignall

Matthew Neill, 12 January 2017
Chinese premium growth accelerates in 2016

Chinese insurers recorded premium income of 3.1tn yuan ($448.6bn) in 2016, up by nearly a third on the previous year, according to the China Insurance Regulatory Commission (CIRC)

Matthew Neill, 12 January 2017
Pardus hires Paternoster to lead contingency push

London-based managing general agency (MGA) Pardus has hired Markel International's former co-joint managing director of specialty Wayne Paternoster, it announced this morning

Charlie Thomas, 12 January 2017
PICC vice chairman ‘in custody’: report

A vice chairman of the People's Insurance Company of China (PICC) has been taken into custody by authorities for unknown reasons, Caixin reported.

Laura Board, 12 January 2017

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