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Outperforming specialty sector to attract more M&A interest: S&P

The relative outperformance of US specialty carriers will continue to draw the attention of other insurers and investors looking to build a presence in the segment, according to Standard & Poor's (S&P).

David Bull, 28 September 2015
Zurich reserve charge suggests more US commercial auto rate needed

The news last week of Zurich's US commercial auto reserve charge has again shone the spotlight on a line of business that has proved troublesome for insurers

David Bull, 28 September 2015
CatCo floats equity raise

Bermudian retro specialist CatCo Investment Management is considering fundraising options to expand its January 2016 portfolio.

28 September 2015
(Re)insurance M&A a boon to ILS

Reinsurance M&A could benefit insurance-linked securities (ILS) funds as larger carriers will be keen to reduce counterparty credit risk, two fund managers have told sister title Trading Risk.

Karina Whalley, 28 September 2015
Financial sector must continue to look east: Cable

Working with China is the right thing to do and the UK should continue to focus on working with emerging markets, according to Vince Cable.

Winifred Okocha, 28 September 2015
Syndicate 1884 announces new lines

Charles Taylor managing agency has announced that The Standard Club's Syndicate 1884 plans to write political risks and terrorism business in 2016.

Charlie Thomas, 28 September 2015
JLT wins TAP Group account

JLT is set to become the new broker for Portuguese airline TAP Group, The Insurance Insider understands.

Adam McNestrie, 28 September 2015
News digest

Adams joins Nexus; Insurers' expansion plans; R&Q completes IC deal; JLT Re hires DeHane; Eckert leaves Gallagher board; IG to increase club retention; Ambant unveils CEO; Apollo names MGA management; RMS(one) ‘on track'; Energy and power GWP; BB&T's Reece to retire; Brit's Ambridge deal; Nelson joins Scottsdale; Liberty Mutual appoints Morelli; Hamilton hires Barrett; Non-damage BI for life science; Chinese interest in Bermuda

Charlie Thomas, 28 September 2015
Sapnar: Bring down insurance cost to drive reinsurance demand

The high cost of primary insurance has been a significant factor in why reinsurance has struggled to drum up demand in the current market, Transatlantic Re CEO Mike Sapnar has claimed.

Catrin Shi, 28 September 2015
Integration and IT the focus at new-look Towergate

UK broker aggregator Towergate is to shift its focus away from M&A and onto integration and infrastructure in a bid to regenerate under its new leadership team.

Charlie Thomas, 28 September 2015

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