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Rate softening will continue at mid-year: Aon Benfield

Reinsurers continued to concede rate reductions at 1 April, with "the reinsurance value proposition for insurance companies" improving in line with 1 January, according to Aon Benfield's renewal report.

Catrin Shi, 11 April 2016
Acquisition costs bear down on Lloyd’s profits

Lloyd's syndicates suffered from mounting acquisition costs in 2015 as a soft market broker push for increased remuneration continued to lever up the price of sourcing business on Lime Street

Adam McNestrie, 11 April 2016
Pricing pressure eases in shifting US commercial landscape: Willis

Downward pressure on rates in the US commercial insurance sector is showing clear signs of easing, according to broker Willis Towers Watson.

David Bull, 11 April 2016
PRA 166 reviews continue downward trend

The Prudential Regulation Authority (PRA) is continuing to issue fewer skilled persons reviews in the insurance sector, as evidenced by its latest quarterly report.

Charlie Thomas, 11 April 2016
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Charlie Thomas, 11 April 2016
Skuld hires Aspen marine hull head

Norwegian protection and indemnity club Skuld has hired Aspen's head of marine hull Paul Fry and his deputy Sarah Wilson to join its Lloyd's business, The Insurance Insider can reveal.

Matthew Neill, 11 April 2016
Aspen Re opens hub in Dubai

Aspen Re has established a new hub for the Middle East and Africa in Dubai, the carrier announced today (11 April).

Winifred Okocha, 11 April 2016
JLT settles Willis specie suit for £22mn

JLT has settled a case brought by Willis Towers Watson regarding the hiring of its specie team last year for approximately £22mn.

Matthew Neill, 11 April 2016
Aegis delivers 80% combined ratio

Top quartile Lloyd's managing agency Aegis has posted an underwriting profit at its Syndicate 1225 for the 10th year in a row, the company's results show.

Matthew Neill, 11 April 2016
CV Starr profits up as combined ratio improves

CV Starr's Syndicate 1919 recorded a calendar-year profit of £20.7mn ($29.5mn) for 2015, more than double the £8.5mn recorded a year earlier.

Charlie Thomas, 11 April 2016

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