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Underinsurance limits Italian quake exposure

Insured losses from the earthquake that struck central Italy last week (24 August) are expected to be limited, with low insurance penetration and government funding restricting (re)insurers' exposure

Catrin Shi, 30 August 2016
Gen Re could restructure and slash bureaucracy

While much of Ajit Jain's assessment of the change needed at Gen Re was focused on revamping underwriting approaches to target growth, he also addressed how a restructure could create a more entrepreneurial environment

David Bull, 30 August 2016
Gen Re sets course for brave new world

A picture is beginning to form of how Gen Re will attempt to transform under Ajit Jain and Kara Raiguel's leadership to regain ground lost in a challenging reinsurance marketplace

David Bull, 30 August 2016
Dream owner beckons for Ascot in CPPIB

Lloyd's (re)insurer Ascot is heading for a $900mn+ deal with the Canada Pension Plan Investment Board (CPPIB) that will mark yet another point in the journey of long-term, lower-return money into the industry

Adam McNestrie, 30 August 2016
European reinsurers bemoan India competition rules

European reinsurers have lodged formal complaints with the Insurance Regulatory and Development Authority of India (Irdai) over new guidelines that they claim have hindered their ability to compete in the country

Matthew Neill, 30 August 2016
Willis secures new all-class market for G360

Sompo Canopius has become the latest Lloyd's carrier to sign up to write all of the pillars of multi-class facility Willis Global 360 (G360), The Insurance Insider can reveal

Adam McNestrie, 30 August 2016
Tokio Marine HCC takes surety execs from Chubb

Tokio Marine HCC (TMHCC) has hired a duo of surety underwriting executives from Chubb and added to its established presence in the space with the launch of a new Boston area office, The Insurance Insider can reveal

David Bull, 30 August 2016
For whom the bell tolls

"No man is an island, entire of itself; every man is a piece of the continent, a part of the main."

Mark Geoghegan, 30 August 2016
Jain to shift Gen Re growth gears

Ajit Jain is set to drive growth at Gen Re as he looks to transform its underleveraged underwriting model and arrest a relative decline in market share against the European reinsurance giants

David Bull, 30 August 2016
Glaser calls for Nafta-like deal for US and UK

The next US president should prioritise a trade deal with the UK that resembles the North American Free Trade Agreement (Nafta), according to Marsh & McLennan Companies CEO Dan Glaser.

Winifred Okocha, 30 August 2016

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