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McGovern: Brexit negatives outweigh positives

The London market should not "kid" itself that it will be able to maintain the same level of access and trade benefits it currently enjoys should the UK leave the European Union, Lloyd's chief risk officer Sean McGovern said today (10 February).

Catrin Shi, 10 February 2016
Flood Re details long-term vision

Flood Re has published a detailed plan setting out how the UK home insurance market will transition to affordable and "risk-reflective" pricing by 2039

Matthew Neill, 10 February 2016
Mapfre Q4 hit by US storm losses

Mapfre today (10 February) reported that full-year group net earnings were down 16.1 percent in 2015 at EUR709mn ($796mn), following a deterioration in its non-life underwriting results

Catrin Shi, 10 February 2016
AmTrust grows operating earnings in Q4

AmTrust today (10 February) reported fourth quarter operating earnings of $123.9mn, up 4.6 percent on the prior-year period

Catrin Shi, 10 February 2016
Reeth teams up with XL Catlin to launch MGU

George Reeth has collaborated with XL Catlin to launch a managing general underwriter focused on providing insurance-linked securities (ILS) market support for small to mid-sized companies seeking property insurance cover

Catrin Shi, 10 February 2016
Activist investor challenges Generali over CEO search: reports

The search for Generali's new CEO has led to tensions between French activist investor Vincent Bollore and key Italian stakeholders in the business, according to Reuters.

Matthew Neill, 10 February 2016
Insurance CEOs identify key threats to industry

Insurance CEOs have identified over-regulation, new market entrants and technological change as the main threats to growth in the industry, according to PwC's 19th annual global CEO survey.

Matthew Neill, 10 February 2016
Berkshire Hathaway named among Lemonade’s reinsurers

Peer-to-peer insurer Lemonade has received reinsurance backing from Berkshire Hathaway and Munich Re, among others

Catrin Shi, 10 February 2016
Antares Asia appoints underwriters

Antares has hired two underwriters in its Asia business, the Qatar Insurance Company (QIC) subsidiary announced today (10 February)

Winifred Okocha, 10 February 2016
Arch profits shrink in Q4

Arch Capital reported fourth quarter operating earnings per share of $1.15, beating the analysts' consensus estimate of $1.07 per share.

Dan Ascher, 10 February 2016

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