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Enstar closes QBE legacy reinsurance deal

Enstar said it has closed a previously reported deal with QBE to reinsure a US multi-line property and casualty business with gross reserves of $919mn.

Ted Bunker, 12 January 2017
Professional liability offers promise amid peril: AM Best

New entrants have made the professional liability market increasingly competitive over the past five years while burgeoning risks from cyber threats and class-action lawsuits targeting executives and directors may squeeze future profits, according to AM Best.

Ted Bunker, 12 January 2017
RT Specialty promotes professional lines duo

RT Specialty, the wholesale broking segment of Pat Ryan-led Ryan Specialty Group, has promoted two executives within its professional lines division

Dan Ascher, 12 January 2017
Florida homeowners' headwinds to ease in 2017: JMP

The headwinds that buffeted the Florida homeowners' insurance market last year could begin to ease in 2017 and new tailwinds may emerge, according to JMP Securities analyst Matt Carletti.

David Bull, 12 January 2017
2016 a year of integration for Hyperion: Howden

Hyperion CEO David Howden has characterised 2016 as a year of integration, as his firm recorded 8 percent organic growth and revenues of £434mn ($525mn).

Charlie Thomas, 11 January 2017
Piracy falls to lowest level since 1998: IMB

A total of 191 incidents of piracy or armed robbery were reported in 2016, the lowest number since 1998, according to the International Marine Bureau (IMB).

Matthew Neill, 11 January 2017
Natural disasters and climate among top risks for 2017: WEF

The World Economic Forum (WEF) has named extreme weather events, major natural disasters and climate change as three of the top 10 global risks for 2017

Matthew Neill, 11 January 2017
Aegis hires Sompo Canopius PI head

Aegis London has recruited former Sompo Canopius professional indemnity head Jerry Hyne as an underwriter in its own team

Matthew Neill, 11 January 2017
UK motor changes to spark 12% price hike

Forthcoming regulatory changes and claims inflation in the UK motor market will cause price increases of about 12 percent in 2017, according to Bernstein analyst Thomas Seidl

Matthew Neill, 11 January 2017
Cyber risk continues to rise up agenda: AGCS

Cyber risk is an increasing cause of anxiety for risk experts worldwide, who once again named business interruption as their greatest fear in a survey conducted by Allianz Global Corporate & Specialty.

Laura Board, 11 January 2017

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