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Hiscox: Rates expected to fall 7.5-15% in January
Management at London-listed carrier Hiscox expect rates to be down by between 7.5 percent and 15 percent as of 1 January, according to a note published by Canaccord Genuity
Jenny Messenger
,
11 December 2014
Citizens: 1-in-100 storm wouldn’t need taxpayer help
A benign year for catastrophe events combined with policy count reductions has meant that Florida's insurer of last resort could cope with a 1-in-100-year storm without tapping taxpayer money
11 December 2014
Skuld boosts marine liability underwriting
Skuld, which runs Syndicate 1897 at Lloyd's, has appointed Nick Hart as marine liability class underwriter in the latest of a series of hires following a staff exodus earlier this year
Dan Ascher
,
11 December 2014
Enstar hires group head of life
The life division at Enstar has hired Cormac Treanor to the new role of executive vice president and group head of life, The Insurance Insider has learned
Dan Ascher
,
11 December 2014
Integro backer hints at further expansion
Commercial finance company NewStar looks to have given the nod to US broker Integro for further acquisitions after publishing a statement supporting its expansion strategy.
Charlie Thomas
,
11 December 2014
US House passes six-year Tria extension
The US House of Representatives voted to pass the legislation needed to extend the Terrorism Risk Insurance Act (Tria), bringing an end to months of political wrangling
11 December 2014
US House passes six-year Tria extension
The US House of Representatives voted to pass the legislation needed to extend the Terrorism Risk Insurance Act (Tria), bringing an end to months of political wrangling
Charlie Thomas
,
11 December 2014
AmTrust wins injunction in EUR32mn Italian med mal dispute
AmTrust Europe's former Italian medical malpractice broker will be forced to hand back EUR32mn of client funds it withheld after an exclusive distribution agreement broke down into a bitter dispute.
Dan Ascher
,
10 December 2014
Quindell shares rollercoaster continues after founder sells
Shares in embattled insurance outsourcer Quindell took another pummelling today (9 December) after founder Rob Terry sold most of his stake in the company.
Charlie Thomas
,
10 December 2014
FCA bonus cull and bloodletting after Davis review
Martin Wheatley, CEO of the UK's Financial Conduct Authority (FCA), will forgo his £115,000 annual bonus after a bungled media briefing led to millions being wiped off the value of UK life insurers in March 2014
Charlie Thomas
,
10 December 2014
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