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Gen Re to close six offices

US reinsurer Gen Re is to close six offices as part of a reorganisation of the company's global P&C business, it announced today (11 March)

Matthew Neill, 11 March 2016
LMG begins PPL market testing

The London Market Group has announced that its Placing Platform Limited (PPL) system has begun market acceptance testing.

Dan Ascher, 11 March 2016
Moody’s upgrades Swiss Re Corporate Solutions

Ratings house Moody's has upgraded the financial strength rating of Swiss Re's primary insurer citing diversification benefits and brand recognition as reasons for the one-notch increase.

Dan Ascher, 11 March 2016
Bolt to spearhead BHSI European operations

Lloyd's performance director Tom Bolt is leaving the Corporation to take up a new role at Berkshire Hathaway Specialty Insurance (BHSI).

Catrin Shi, 10 March 2016
Blockchain: a disruptor for the insurance industry?

The UK government's chief scientific adviser Mark Walport recently published an 80-page document on the new hot topic of the moment - the Blockchain

Suki Basi, 10 March 2016
AM Best releases draft BCAR changes

AM Best has put out a draft of its revised US P&C sector BCAR model for comment, with the changes likely to be most heavily scrutinized by carriers that have significant property cat risk on their books.

David Bull, 10 March 2016
RT Specialty will ‘never’ be purchased by retailer: client letter

RT Specialty has reaffirmed its commitment to independence after it was last month selected by Aon as its "preferred" wholesaler

10 March 2016
Private flood cover bill progresses in Congress

A key committee in the US House of Representatives has passed a bill that could see the market for flood risks partly privatized and handed over to the excess and surplus lines sector

10 March 2016
Lexington launches $250mn wholesale-only property line

Surplus lines giant Lexington has launched a new wholesale-only property excess product offering up to $250mn of capacity, Inside E&S can reveal

10 March 2016
Cyber liability market ill-equipped for property risk

Cyber liability policies currently available in the market would not respond to property damage or bodily injury claims, according to speakers at the Reactions Cyber Risk Forum in New York

10 March 2016

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