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US securities suits at highest level since 2008

The number of US securities class actions filed in federal court rose to 186 in 2015, along with five IPO-related lawsuits filed in a state court, making it the most prolific year for suits since 2008.

Charlie Thomas, 04 January 2016
IAG cat order drops by 20%

Major Australasian insurer IAG has confirmed that the order on its A$7.0bn ($5.1bn) catastrophe reinsurance treaty has been slashed to 80 percent following the inception of its strategic alliance with Berkshire Hathaway.

Winifred Okocha, 04 January 2016
Cargill to sell US crop book

Global commodities trader Cargill has announced that it has agreed to sell its crop insurance business to the Silveus Insurance Group.

Charlie Thomas, 04 January 2016
See you under the table

Only four days in and bang goes dry January already.

Mark Geoghegan, 04 January 2016
US-international bifurcation becomes clear at 1.1

International reinsurance rates continued on a similar downward trajectory to that seen 12 months ago on 1 January, but further signs of a disjunction became apparent as rate reductions in the US slowed up.

Adam McNestrie, 04 January 2016
Munich Re: 2015 losses lowest since 2009

Last year saw the lowest level of catastrophe losses since 2009 thanks in part to an El Niño weather cycle, according to Munich Re

Catrin Shi, 04 January 2016
IAG confirms 20% drop in cat order

Australasian cedant IAG has confirmed that the order on its A$7.0bn ($5.1bn) catastrophe reinsurance treaty has been slashed to 80 percent following the inception of its strategic alliance with Berkshire Hathaway.

Winifred Okocha, 04 January 2016
AIG names Baldwin as UK CEO

Anthony Baldwin has been appointed UK CEO for American International Group (AIG), the carrier announced today (4 January)

Charlie Thomas, 04 January 2016
Liberty hires new German casualty team

Liberty Specialty Markets has established a new German casualty team based in Cologne, it announced today (4 January).

Catrin Shi, 04 January 2016
RSA completes sale of Italian business

UK insurer RSA has completed the sale of its Italian operations to ITAS Mutua

Charlie Thomas, 04 January 2016

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