Swiss Re
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The branch is the specialty commercial insurer’s third German office.
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Most Insider 50 companies held steady or moved slightly lower last week, pushing the index down 0.8 percent to 1,084.42.
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The (re)insurance retreat follows a 2016 decision to limit investment in coal assets.
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Analysts at Bernstein believe July’s renewals will outperform increases seen in June, but rates in 2019 will flatten.
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The claim for loss from damage to the Ituango Dam in Colombia could exceed $1bn, this publication can reveal. -
Legacy entity Swiss Re Global Markets will cease to exist.
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The company has counted Swiss Re as a backer since 2013.
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Corporate bond holdings also increased, as carriers shied away from covered bonds.
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The Singapore Reinsurers’ Association has also reappointed Allianz Re Asia Pacific executive Kenrick Law as deputy chairman.
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The executive joins from Swiss Re.
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Goldman Sachs is advising the foodmaker on the sale.
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Bäte served as chairman of the forum for three years.
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