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Sompo steps up international expansion plans

Sompo Japan Nipponkoa's pledge to buy 15 percent of French reinsurer Scor's outstanding shares is the latest step along its course to ramp up its overseas business exposure.

Charlie Thomas, 09 March 2015
Dual CUO swoop is blow to Bathia start-up

Dual's hire of Talbir Bains as global chief underwriting officer is a blow to the start-up ambitions of the executive's former QBE Europe colleague, Ash Bathia.

Mark Geoghegan, 09 March 2015
Charles Taylor and Standard approved for double 1 April start

Charles Taylor last week received the go-ahead to launch its Charles Taylor Managing Agency and the Standard Club Syndicate 1884 on 1 April.

Charlie Thomas, 09 March 2015
Ching confirmed as head of Capsicum Re Bermuda

Reinsurance broker Capsicum Re has confirmed the hire of Neville Ching to lead its retro division and run its Bermudian operation, a move first revealed by The Insurance Insider in September 2014.

Jenny Messenger, 09 March 2015
Suncorp and IAG Marcia losses total A$240mn

Cyclone Marcia, which hit Australia's east coast last month, is set to cost Australasia's two biggest insurers up to A$240mn.

Winifred Okocha, 09 March 2015
UK regulators should prioritise competitiveness

UK regulators should make competitiveness one of their key objectives, senior insurance industry executives have said.

Jenny Messenger, 09 March 2015
Beale trumpets Lloyd’s Sharia compliance structure

Lloyd's CEO Inga Beale has been promoting the market in the Gulf region, highlighting that its structure made it possible for London to provide Sharia-compliant (re)insurance coverage.

Dan Ascher, 09 March 2015
News digest

Canopius investment hires; Olympus has fallen; Sandell joins MultiStrat; HCI in Q4 beat; US P&C rates; Atrium profits down; Wilson appointed CEO; Ace hires AIG exec; Lonmar builds casualty team with new hire; Google compares US motor; Admiral's profits fall; Aviva achieves solid growth; Heritage reports; New hires at Advocate; Soft market pressures for GCC; BMA's ‘uneasy' European relationship; XL's E&S adds primary auto

Charlie Thomas, 09 March 2015
Accenture urges Lloyd's to become market innovator

The Lloyd's Franchise Board should reaffirm London's reputation as an emerging risk specialist by positioning itself as an active driver of innovation, a new report from Accenture has said.

Jenny Messenger, 09 March 2015
Marsh terror facility goes live as leaders settle on $400,000 fee

The leaders of Marsh's $500mn-limit, $68mn net written premium London market terrorism and political violence facility settled on a placement service fee of $400,000 as it went live last month, The Insurance Insider has learned.

Mark Geoghegan, 09 March 2015

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