September 2018/4
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Although the underlying loss ratio remains stubbornly high, there are green shoots to be seen in Lloyd’s H1 results
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Independent brokers welcome the deal, while underwriters fear spiralling commissions
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Odyssey plans Integro US sale to refocus broking play on London
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Appointments such as Swiss Re Corporate Solutions’ hire of an Allianz Global & Corporate Specialty executive point to a changing culture in the European (re)insurance workplace.
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The specialty insurer reached out to The Hartford three years after the company made its first approach.
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The addition of Whitespace to the list of Lloyd’s-approved e-placing software is a big step forward for the modernisation of the London market.
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Acquirer will have to sidestep antitrust concerns and move quickly to tie in key talent.
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The report predicted technology-led change will accelerate over the next few years in the commercial and specialty markets.
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Broker has established a track record of mid-single digit organic growth in recent years.
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The ILS manager’s estimate included around $2.1bn of wind damage claims.
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A total of 648 validated nomination were received in The Insurance Insider’s cyber rankings this year – a 40 percent increase year on year.
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The H1 accident-year ex-cat loss ratio continued to grow year on year.
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