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Insurers back UK government cyber scheme
American International Group (AIG), Swiss Re, Marsh and other insurers are backing a UK government certification scheme aimed at encouraging businesses to protect themselves against cyber-attack
06 June 2014
Underwriting capacity now a ‘commodity’
Pure underwriting capacity is increasingly a commodity, according to AIG property and casualty CEO Peter Hancock
06 June 2014
JLT twins with CV Starr in solicitors’ PI push
London-listed (re)insurance broker Jardine Lloyd Thompson (JLT) has teamed up with CV Starr to increase its presence in the UK solicitors' professional indemnity (PI) market by placing cover for larger firms.
06 June 2014
Florida’s Safepoint gets B AM Best rating
Florida start-up Safepoint Insurance Company has been granted a B financial strength and bb issuer credit rating by AM Best.
06 June 2014
AIG authorises additional $2bn share repurchase
American International Group (AIG) has upped its share repurchase authorisation by $2bn in a move likely to find favour among equity analysts and investors.
06 June 2014
Hamilton adds former Deloitte VC to board
Hamilton Insurance Group (HIG) has added to its cadre of high profile board members by naming former Deloitte vice chairman and senior partner William Freda as director.
06 June 2014
US commercial insurance rate rises tick up again: MarketScout
The level of US P&C commercial insurance rate increases ticked up in May to 3 percent from 2 percent in April, according to MarketScout's latest survey.
06 June 2014
Sunshine State placed into liquidation
A Florida court on 4 June approved the liquidation of Sunshine State Insurance Company, which will be taken over by Florida Department of Financial Services, according to local media reports
05 June 2014
Catlin sets up Lloyd’s coverholder in Dubai
London-listed (re)insurer Catlin Group today (5 June) announced the establishment of Catlin Middle East Limited, a Lloyd's coverholder that will underwrite on behalf of Catlin Syndicate 2003.
05 June 2014
Fitch Bermuda downgrade not expected to affect (re)insurers
Ratings agency Fitch has downgraded Bermuda's sovereign rating from AA- to A+, but said this will not affect (re)insurers domiciled in the territory.
05 June 2014
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