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EU-US trade bodies in show of support ahead of TTIP round

Industry bodies including Insurance Europe and the American Insurance Association have called for the inclusion of a financial services chapter in the Transatlantic Trade and Investment Partnership (TTIP).

Jenny Messenger, 30 January 2015
European Commission approves Flood Re

The European Commission (EC) has approved the UK government's flood reinsurance backstop Flood Re under EU state aid rules.

Jenny Messenger, 30 January 2015
Canopius holding company to redomicile to Switzerland

Sompo Japan Nipponkoa Holdings is restructuring the top holding company of its Lloyd's and international subsidiary Canopius Group in a two-stage process that will ultimately move its head office from Guernsey to Switzerland

Charlie Thomas, 30 January 2015
The Hanover upgraded to A by S&P

New York-listed insurance group The Hanover has been upgraded from A- to A with a stable outlook by ratings agency Standard & Poor's (S&P)

Dan Ascher, 30 January 2015
Aon: Solvency II diversification drives down hull rates

The need for diversification under Solvency II is driving down rates for marine hull cover, according to Steve Beslity, the new chairman of Aon's global marine practice

Dan Ascher, 30 January 2015
Samengo-Turner to lead JLT Asia

Dominic Samengo-Turner has been announced as the new CEO of JLT Asia, with effect from 1 May

Charlie Thomas, 30 January 2015
Validus beats as reserve releases boost UW profits

Validus became the latest (re)insurer to beat on Q4 earnings as it reported operating profits of $129.0mn, or $1.42 a share that were ahead of the $100.1mn, or $0.97 a share generated in the prior-year period and Wall Street consensus of $1.25 a share.

David Bull, 30 January 2015
Chubb beats on Q4 earnings but 2015 guidance below expectations

Chubb beat Wall Street forecasts on Q4 earnings but analysts said shares in the insurance giant could trade down tomorrow after it issued 2015 guidance that was below expectations.

David Bull, 30 January 2015
Canopius appoints Winfield to lead US direct property

Bradley Winfield, the former head of US retail property at Ironshore, has joined Canopius as head of US direct property.

Karina Whalley, 29 January 2015
Speedwell starts using e-placing platform

Lloyd's broker Speedwell has begun to place marine cargo business into London electronically, the firm said today (29 January).

Jenny Messenger, 29 January 2015

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