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Downbeat commentators bemoan the demise of the legacy ecosystem. And with excess capital on the hunt for return and investment yields at unprecedented lows, industry soothsayers suggest that smaller legacy fry could be facing extinction.
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In April this year the London legacy market once again descended upon the coastal resort of Brighton for the annual Insurance & Reinsurance Legacy Association conference, and it proved to be a decidedly appropriate setting in all its nostalgic and fading opulence
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When The Insurance Insider returned to Bermudian shores in late 2012 for its latest reinsurance roundtable it was with one eye on the past and one eye on the future
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When The Insurance Insider returned to Bermudian shores in late 2012 for its latest reinsurance roundtable it was with one eye on the past and one eye on the future
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With so much background noise and potentially conflicting information being put out at this important time in the reinsurance calendar, we at The Insurance Insider thought that it would be a valuable exercise to compile the key 'takeaways' for the 1 January 2013 renewals season.
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With so much background noise and potentially conflicting information being put out at this important time in the reinsurance calendar, we at thought that it would be a valuable exercise to compile the key ‘takeaways' for the 1 January 2013 renewals season
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When The Insurance Insider sat down to set themes for discussion at its first ever PCI roundtable, it eased into autopilot mode. A benign hurricane season and the dynamics of excess supply and dwindling demand looked set to dominate in the lead up to the 1 January reinsurance renewals.
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Few financial services sectors can look upon their work and say they have truly been victims of their own success. But the run-off market, at least in London, can justifiably make that claim. With liabilities speedily managed down and a vibrant legacy market that has delivered a range of finality solutions
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The (re)insurance industry is waking up to the prospect that losses from Superstorm Sandy are likely to be significantly higher than first anticipated for a modelled Category 1 hurricane striking the north-east US
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This week sees the passing of the renewals baton from Europe across the Atlantic to the west coast of the US. The previous European accent of the headline news gains a more North American cadence and Generali makes way for Chartis on our front page
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The recent loss of the A- financial strength rating for Spain-headquartered (re)insurer Mapfre has revived an almost forgotten tradition - that of the downgrade before a major industry conference.
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For anyone who has studied the ebbs and flows of the global (re)insurance market for the past 20 years, the news that Generali is to centralise outwards reinsurance spending at its Trieste headquarters should come as no surprise
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