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Reinsurers resist multi-year renewals: GC

Reinsurers pushing back against aggressive buying strategies from primary carriers are reducing the amount of multi-year cover they are willing to write, according to Guy Carpenter.

09 September 2016
CNA FI chief Kubursi leaves unexpectedly

CNA’s senior vice president of financial institutions and management liability Ziad Kubursi has stepped down unexpectedly after just over a year in the role, The Insurance Insider can reveal.

Dan Ascher, 09 September 2016
UK government pledges £12.5mn for flood defences

The UK government has committed an investment of £12.5mn ($16.7mn) to prevent flooding

Winifred Okocha, 09 September 2016
Gable chairman resigns in latest departure

Non-executive chairman Jost Pilgrim has resigned from the Gable board in the latest in a series of departures from the troubled Lichtenstein-based insurer

Matthew Neill, 09 September 2016
Reinsurer capital hits $585bn: Aon Benfield

Global reinsurers' capital rose by 4 percent year-on-year in the first half of 2016 to reach $585bn, according to Aon Benfield

Matthew Neill, 09 September 2016
Skuld posts $29mn profits in H1

Norwegian protection and indemnity (P&I) mutual Skuld has reported a net profit of $29mn for the first six months of 2016.

Matthew Neill, 09 September 2016
PartnerRe appoints Beedle as head of Asia Pacific

James Beedle is to join PartnerRe as head of Asia Pacific from 1 January.

Charlie Thomas, 09 September 2016
CCR launches CCR Re

France's state-owned reinsurer Caisse Centrale de Réassurance (CCR) has launched a new subsidiary for its open market reinsurance business.

Charlie Thomas, 09 September 2016
Barbican restructures Syndicate 1955 leadership

Lloyd's carrier Barbican has revamped its leadership structure to establish divisional heads for its underwriting lines within Syndicate 1955.

Matthew Neill, 09 September 2016
R&Q acquires RLGI in £12mn deal

Legacy-to-live carrier Randall & Quilter (R&Q) has acquired The Royal London General Insurance Company Ltd (RLGI), a UK non-life insurer in run-off, for £11.9mn ($15.8mn).

Matthew Neill, 09 September 2016

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