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IAG says subsidy best solution for Northern Australia

The need to reduce insurance costs in cyclone-prone areas of Northern Australia would be best served by introducing a targeted subsidy, according to major Australian carrier IAG.

Winifred Okocha, 18 August 2015
Canopius to merge Syndicate 958 into 4444

Sompo-owned Lloyd's insurer Canopius has received permission from Lloyd's to merge names-backed Syndicate 958 into its flagship Syndicate 4444 from the 2016 year of account

Charlie Thomas, 18 August 2015
Tianjin losses could exceed $1.5bn: Fitch

The insured losses from a series of explosions at a chemical warehouse in Tianjin earlier this month could exceed previous estimates of $1bn-$1.5bn, Fitch Ratings has claimed

Catrin Shi, 18 August 2015
FCA drops Quindell investigation

UK regulator the Financial Conduct Authority (FCA) has dropped its investigation into insurance services provider Quindell

Winifred Okocha, 18 August 2015
Capsicum Re makes new cyber hire

Capsicum Re has appointed Vlad Polyakov to its cyber team, effective immediately, it announced today (18 August)

Catrin Shi, 18 August 2015
QBE recovery continues with top and bottom line growth

Australian-headquartered insurer QBE has recorded top and bottom line growth for the first half of the year despite enduring some of the worst weather events Australia has seen since 2011.

Charlie Thomas, 18 August 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

17 August 2015
The Hartford returns to M&A spotlight

P&C (re)insurance stocks traded up last week as The Insider 30 climbed by 0.64 percent, outperforming the FTSE100 and Euro Stoxx 600 but on par with the performance of the S&P 500.

Himal Patel, 17 August 2015
AIG loses landmark PI case

American International Group (AIG) has lost a bid to minimise its exposure to a potential £11mn professional indemnity claim, in what has been dubbed a landmark ruling in the UK's Commercial Court.

Dan Ascher, 17 August 2015
Flood Re begins ‘on-boarding’ process

Flood Re is one step closer to implementation after the UK state-backed entity started the on-boarding process that ensures industry participants have the information and access required to test the programme.

Winifred Okocha, 17 August 2015

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